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.
In the last 36 months, the Puerto Rico Industrial Development Company has helped to promote seven companies in the textile industry that have vowed to invest $40.5 million and create 1,582 direct jobs, Executive Director José Pérez-Riera said Thursday.
Less than a year after announcing major plans to expand its Humacao operations, contract manufacturing firm Legacy Pharmaceuticals is shutting down today. The closing leaves about 150 jobless, News is my Business confirmed.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
