Invest Puerto Rico, the island’s economic development organization, revealed in its Fiscal Year 2022 annual report that it locked down more than 6,000 business leads, 2,000 prospective opportunities, the establishment of more than 700 new businesses, commitments by companies of nearly 5,000 jobs, and more than $350 million in capital investment. During a roundtable with […]
CytoImmune Therapeutics, Inc. and Biosimilar Solutions, LLC will establish operations in Puerto Rico to develop their biotechnology products. Both initiatives represent a combined investment of some $228 million and the creation of 400 jobs, economic development organization Invest Puerto Rico announced. While CytoImmune Therapeutics will engage in developing cancer immunotherapy solutions, Biosimilar Sciences will work […]
Invest Puerto Rico announced a partnership with Everynet BV, a Low Power Wide Area (LPWA) technology provider and network operator, on its implementation of a new secure data network improving Puerto Rico’s infrastructure across the island. Everynet launched the network in early September, integrating Internet of Things (IoT) to enhance logistics and operations for the […]