In Costa Rica, the manufacturer of medical devices for continence and ostomy, Coloplast, has announced that it will be building a manufacturing plant in La Lima free zone, in Cartago.
In the first half of 2017, Central American countries imported $1.533 billion worth of pharmaceutical products, and imports from Germany grew by 11% compared to the same period in 2016.
Figures from the information system Pharmaceutical Products Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Through a trust with the Bank of Costa Rica, plans are underway to build 30 health areas, 22 financial branches and a storage center for supplies and medicines.
Among the projects that will be built with the resources to be administered by the Bank of Costa Rica through the trust is the William Allen hospital in Turrialba, whosetenderwas announced recently.
The multinational Hospira will be gradually closing manufacturing operations for infusion equipment in the Dominican Republic in order to transfer to facilities operating in Costa Rica.
The company told Nacion.com that"... after careful analysis of product volume and global manufacturing capabilities, we made the difficult decision to discontinue manufacturing operations in the Dominican Republic and transfer most of the installed plant operations to Costa Rica".
In the next five years the Costa Rican Social Security Institution plans to invest about $1.8 billion in building new infrastructure and purchase of medical equipment.
The aim of the Costa Rican Social Security Fund (CCSS) is to start to reverse the significant backlog there is in terms of building infrastructure, due to the decline in investment registered with the entity from about 2010.
$18 million will be allocated to equip the seven-story tower, which will be built starting from April at the Calderon Guardia hospital, with 209 beds, 35 incubators and radiology, neonatology, gynecology, and an isolation unit.
The estimated cost of the project is $83 million, its construction will begin in mid-April and it will be completed within three years, according to the Costa Rican Social Security Fund (CCSS).
In 2016 the export of cosmetic, dental, cardiovascular, and endoscopy goods and others generated revenues of $2.556 billion, equivalent to 26% of the total exported by the country.
The export value of manufactured medical and precision equipment exceeded $2.5 billion, almost matching exports reported by the agricultural sector, which totaled $2.69 billion last year.
In Costa Rica 206 domestic and foreign enterprises provide supplies to the medical device manufacturing companies operating in the country.
Specialized cleaning services, packaging and bottling and even microbiological testing services are some of the things provided by companies that have found in the medical device industry that operates in Costa Rica an opportunity to develop a business.
Medical products and services, and pharmaceutical and technological hospital equipment, and will be exhibited from September 23 to 24 in the Atlapa Convention Center.
From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP):
Edwards Lifesciences Corporation has announced it is to build a heart valve production plant in Cartago which will start operating in early 2017.
From a statement issued by the Ministry of Foreign Trade:
The company Edwards Lifesciences Corporation, a global leader in innovations designed to address heart disease and monitor patients in critical condition today announced that it has chosen Costa Rica as the country in which to expand its production network of heart valves, with an investment of $10 million (around ₡5 billion).
The Social Security Department and the Ministry of Health in Panama are putting out to tender a supply of various medical supplies.
Panama Government Purchase 2016-1-10-0-08-LP-196880:
"Supply, storage, transportation and delivery, according to need and requirement, of products and radiographic supplies for the departments and services of medical radiology nationwide in hospitals, polyclinics, ULAPS and other places established by the social security department during a period of 24 months minimum and extensions of its validity. "
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