Parallel18 and Science Trust celebrate second cohort with awards, mentorship and access to IndieBio accelerator. #NewsismyBusiness
The local sector employed 42,483 individuals in 2023, compared to 37,170 jobs in 2019. #NewsismyBusiness
The program promotes projects specialized in biotechnology, AI-driven medical technologies, and genomics, among others. #NewsismyBusiness
Puerto Rico shines as global leader in biosciences at Bio International 2024 and welcomes Hemostemix and Smartweave. #NewsismyBusiness
Puerto Rico’s biosciences sector, which accounts for about 28 percent of the island’s gross domestic product and generates more than 100,000 direct and indirect jobs, will look for ways to transform its future during its 10th annual “Biosciences Week” event this week.
CDI Laboratories in Mayagüez — the only company in the world using pioneering technology with the ability to generate high specificity monoclonal antibodies — began a new phase of research after receiving a combined $11.4 million in local and federal funding to develop new technologies in the field of medicine.
Puerto Rico is among a select group of U.S. jurisdictions specializing in four of the five sectors that make up the thriving bioscience industry and is among a handful of states boasting a significant employment base and a specialized concentration of jobs in drugs and pharmaceuticals, according to the findings of the “Battelle/BIO State Bioscience Industry Development Report” released Wednesday.
NIMB ON SOCIAL MEDIA