Why conduct clinical research in Puerto Rico?

BENEFITS OF WORKING IN PUERTO RICO

Strategic Geographic Location

Favorable Regulatory Environment

Outstanding Human Capital

Unrivaled Financial Incentives

World Class Business Environment

PUERTO RICO IS THE EPICENTER OF THE AMERICAS

STRATEGIC GEOGRAPHIC LOCATION

  • Ease of access to the US expertise and centers of excellence
  • Ability to access Central and South America easily for multi-site trials

FAVORABLE REGULATORY ENVIRONMENT

  • Applicability of US FDA regulations which give credibility to the conduct and validity of the trials
  • A local FDA office in San Juan to provide advice and accept dossiers also in Spanish, a selling point to many markets in the Americas
  • Ability to communicate with many South American Spanish-speaking Regulators for clinical trial set-up

OUTSTANDING HUMAN CAPITAL

  • Five decades of regulatory compliance expertise
  • Educated, skilled, bilingual workforce
  • Strategic partnerships with universities

UNRIVALED FINANCIAL INCENTIVES*

  • 4% or 8% fixed corporate income tax rate
  • 50% tax credit eligible R&D activities

*Eligibility for tax incentives is subject to assessment by PRIDCO / The Puerto Rico Government.

WORLD CLASS BUSINESS ENVIRONMENT

  • Benefits from US regulatory, legal, financial and political environment
  • One of the busiest ports in the U.S.
  • Pre-qualified foreign trade zones
  • International/regional airports
  • More than 24,000 miles of highway, with access to mass transit
  • Island-wide broadband and fiber optic network capability
  • Ease of access to the US expertise and centers of excellence

Information provided by the Puerto Rico Industrial Development Company (PRIDCO).

INDUSTRY TESTIMONIALS

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