What pharmaceuticals are made in Puerto Rico?
Comparatively, Puerto Rico is the fifth largest area in the world for pharmaceutical manufacturing with more than 80 plants, including:
- Bristol Myers Squibb.
- Cardinal Health.
How many pharmaceutical companies are in Puerto Rico?
Puerto Rico has a stronger healthcare manufacturing footprint than any other US jurisdiction or State, with 50 pharma and 30 medical device sites dotted throughout the island.
Does Pfizer have a plant in Puerto Rico?
Pfizer. Pfizer is another pharma giant that operates manufacturing facilities in Puerto Rico. Pfizer’s two manufacturing sites are located in Barceloneta and Vega Baja, and commercial offices are located in San Juan, with 2700 employees overall.
Is Pfizer still in Puerto Rico?
Pfizer will close one of its three manufacturing facilities in Puerto Rico by the end of 2017, the company announced in a Nov. In spite of this change, Puerto Rico remains an important location for Pfizer with major operations in Guayama and Vega Baja.” Barceloneta produces APIs as well as several drug products.
What are Puerto Rico’s main exports?
The chief exports are chemicals and chemical products, foodstuffs, and computers and electronics. The main imports are chemicals and chemical products, petroleum and coal products, food products, transportation equipment, and computers and electronics.
What is the major industry in Puerto Rico?
The economy of Puerto Rico is mainly driven by manufacturing, primarily pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, primarily finance, insurance, real estate, and tourism.
Where is Pfizer located in Puerto Rico?
Pfizer Pharmaceuticals, LLC (Pfizer) Barceloneta facility is located at Route PR-2, Km 58.2 in Barceloneta, Puerto Rico (the Facility), approximately 3.75 miles south of the Atlantic Ocean coast.
Why did Pfizer leave Puerto Rico?
Pfizer ($PFE) continues to suffer from post-patent revenue issues and so continues to close plants to balance its manufacturing needs. It has three plants and about 2,700 employees on the island, according to the Associated Press. …
Is Puerto Rico poorer than Mississippi?
Puerto Rico’s poverty rate is nearly double that of Mississippi, the most impoverished state in the US. Puerto Rico’s poverty rate hit 44.9%, according to new data released today by the US Census Bureau—that’s nearly double the poverty rate in Mississippi, the most impoverished of the fifty states.
Is Puerto Rico in debt?
Puerto Rico’s $70 billion public debt was issued by more than a dozen local government entities and public corporations, as well as the public employee retirement system. The Puerto Rican government declared its debt “unpayable” in 2015 following decades of mismanagement, corruption and excessive borrowing.