Why conduct clinical research in Puerto Rico?
BENEFITS OF WORKING IN PUERTO RICO
BENEFITS OF WORKING IN PUERTO RICO
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Strategic Geographic Location
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Favorable Regulatory Environment
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Outstanding Human Capital
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Unrivaled Financial Incentives
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World Class Business Environment
PUERTO RICO IS THE EPICENTER OF THE AMERICAS
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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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