Puerto Rico serves as a strategic economic region to recapture the Pharmaceutical industry. Historically Puerto Rico was a hub for pharmaceutical manufacturing; however, due to poor and undependable infrastructure, an outcome of terrible management in government, combined with competitive incentives provided by alternative nations, most PR pharma operations moved to India and China.
With the Trump administration confronting Big Pharma on multiple fronts, including the need for a secure supply chain, a cost-effective approach is massive investment to repair and replace the island infrastructure. Today the White House announces the largest FEMA grant in history as an underpinning to this strategic objective.
Continue ReadingWHITE HOUSE – Statement from the Press Secretary on the Largest FEMA Infrastructure Grants Being Awarded to Puerto Rico…