Puerto Rico Accelerating the Future
Transcription
Puerto Rico Accelerating the Future
ACCELERATING THE FUTURE [SPECIAL ADVERTISING S ECTION] [SPECIAL ADVERTISING S ECTION] Puerto Rico at a Glance Area: 13,950 square Km Population: 3.9 million Labor Force: 1.3 million GDP: $75.8 billion (2006 estimate) GDP per capita: $19,300 (2006 estimate) Political framework: Commonwealth of the USA since 1952 Average temperature: 80.25 degrees F° Life expectancy: 78.5 years Languages: Spanish and English Puerto Rico IS RANKED AMONG THE 20 MOST FAVORABLE COUNTRIES IN THE WORLD TO DO BUSINESS, ACCORDING TO THE WORLD BANK. xico Cuba Jamaica Dominican Republic Haiti PUERTO RICO Honduras Nicaragua Caribbean Sea Table of Contents Colombia 1 PUERTO RICO | ACCELERATING THE FUTURE Venezuela [SPECIAL ADVERTISING S ECTION] Building the Future on Manufacturing Over 50 years ago, Puerto Rico embarked upon a process of economic transformation led by what is now known as the Puerto Rico Industrial Development Company (PRIDCO). A group of visionary leaders laid the groundwork to transform what was essentially a very poor agrarian Caribbean Island into an industrial economy through an innovative economic development program named Operation Bootstrap that has served as a model for other countries seeking economic development. Ever since, PRIDCO has played a key role in Puerto Rico’s economic transformation attracting industries, investments and promoting innovation. Pharmaceutical companies began to call Puerto Rico home as early as the 1950s and by the following decade, companies such as Eli Lilly, Abbott, and Pfizer had a foothold on the Island. Today, Puerto Rico exports approximately $36 billion and $5 billion a year, respectively, in biopharmaceutical products and medical devices, at intra-company prices. While Puerto Rico continues to be a manufacturing powerhouse in high technology industries, a new generation of leaders is driving the economy’s transition toward a knowledge-based economy under a program known as Operation Minds at Work. The Puerto Rico Science, Technology and Research Trust is at the forefront of this new economic development program in alliance with PRIDCO and the University of Puerto Rico. Chartered in 2005, the Trust is tasked with formulating Puerto Rico’s public policy for science and technology and with providing the financial and conceptual framework for this new agenda. The Trust’s flagship project is the development of the Puerto Rico Knowledge Corridor. The Corridor aims to strengthen the R&D infrastructure through the development of a science city in the heart of metropolitan San Juan. Puerto Rico’s new thrust is fully anchored on our manufacturing base and the existing strengths offered by our premier center of higher education, the University of Puerto Rico. This special section illustrates Puerto Rico’s strengths and capabilities as it accelerates towards the future. The Puerto Rico Industrial Development Company (PRIDCO) is a government-owned corporation dedicated to promoting Puerto Rico as an investment destination for companies and industries worldwide. PRIDCO focuses on the promotion of high technology industries among sectors such as the life sciences, technology, computing and services that leverage on Puerto Rico’s unique combination of tax incentives, world class human capital, strong infrastructure and excellent business climate. PUERTO RICO | ACCELERATING THE FUTURE 2 [SPECIAL ADVERTISING S ECTION] University of Puerto Rico Facilitating the Future Throughout its more than 100 years, the University of Puerto Rico (UPR) has driven and supported the Island’s development. As Puerto Rico transitions to a knowledge-based economy, the role of the University grows in importance. To expand the Island’s research and development infrastructure, the University is investing more than $465 million to build the Molecular Sciences Building, the Comprehensive Cancer Research Center, a joint initiative with M.D. Anderson Cancer Center in Houston, and the Bioprocess Development and Training Complex, which will have research and training components to serve both academic and industrial needs. Research activity, measured in terms of external funds, has doubled every five years since 1985. UPR has strengthened its capacity to attract world renowned researchers and retain top minds from Puerto Rico. We have also focused on forging alliances with top scientific research institutions from throughout the world. UPR’s core mission is to educate and enhance the capabilities of Puerto Rico’s human capital. The UPR Mayagüez Campus ranks first in the U. S. in graduating chemical engineers. Our College of Engineering has been a main provider of engineers to the National Aeronautics and Space Administration (NASA). The University has positioned itself to support and accelerate Puerto Rico’s development as well as contribute to the global knowledge economy. CLINICAL RESEARCH • 1,174 faculty members • 13 clinical departments • 35 accredited graduate medical education programs (residencies and fellowships) • Graduate program in Biomedical Sciences ENGINEERING SCHOOL # 1 in U.S. in graduating CHEMICAL ENGINEERS # 1 in U.S in graduating HISPANIC ENGINEERS # 2 in U.S. in graduating WOMEN ENGINEERS UPR AT A GLANCE Established: 1903 Enrollment: 65,548 (2007-2008) Faculty: 4,670 (2007-2006) Doctoral degrees per year: 90 * Science degrees per year: 3,820 * Degrees per year: 9,620* Campuses: 11 Academic Programs: 494 30 Doctoral Programs: 57% in Science and Technology * Average of five year period. The UPR Río Piedras Campus ranks 112 among the top 200 public universities and 139 among the top 200 private and public universities awarding doctoral degrees in the United States according to the latest NSF/ SRS Survey Expenditures at Universities and Colleges. The UPR Medical Sciences Campus ranks 115 among the top 200 public universities and 166 among the top 200 private and public universities in Federal Research Expenditures in the United States according to the latest NSF/SRS Survey Expenditures at Universities and Colleges. RANKED 11 in undergraduate enrollment among ENGINEERING SCHOOLS IN THE U.S. Bioprocess Development and Training Complex 3 PUERTO RICO | ACCELERATING THE FUTURE Molecular Sciences Building Comprehensive Cancer Research Center [SPECIAL ADVERTISING S ECTION] Investing in Biotechnology Puerto Rico, the Bioisland, is one of the fastest growing life sciences centers in the world. A quarter of the world’s biologics manufacturing capacity is located in Puerto Rico, the largest concentration in the world. Over the past four years, more than $4 billion has been invested in this sector. Some of the leading companies in this field are in Puerto Rico. Abbott - Abbott Biotechnology’s manufacturing facility was built at a cost of $450 million for the bulk production of Humira, a monoclonal antibody for the treatment of rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, and moderate to severe Crohn’s disease. The facility employs 220 workers. Amgen - Amgen’s manufacturing complex is currently undergoing its second expansion in the last six years, with a total investment commitment of over $2 billion between both expansions. Amgen’s site produces bulk product for several of Amgen’s recombinant therapeutic proteins, as well as doing the formulation, fill and finish for a majority of Amgen’s products. The site employs over 2,000 workers. Eli Lilly - Eli Lilly’s biotechnology plant, built at a cost of approximately $800 million, is considered the world’s largest modular biotechnology facility. It produces Humalog, a recombinant human insulin for the treatment of diabetes. The facility employs approximately 500 workers. Ortho Biologics - Ortho Biologics, a J &J company and Puerto Rico’s pioneer in the biotechnology field, has been producing the active biological ingredient for Eprex, a recombinant protein for the treatment of anemia in patients with cancer or kidney disease, since 1991. Ortho employs approximately 200 workers in the production of Eprex. Janssen, another J&J company, recently completed construction on a sterile parenteral facility for the formulation, fill and finish of biologics. BD Biosciences - BD Biosciences, a division of Becton Dickinson, inaugurated its new facility in October 2007 for the production of monoclonal antibody reagents used for research and diagnostics. The facility represents an investment of over $50 million. Bristol Myers Squibb - BMS is investing approximately $200 million in the construction of a sterile parenteral facility for the formulation, fill and finish of Orencia, an recombinant protein for the treatment of moderate to severe rheumatoid arthritis. The Bioprocess Development and Training Complex, scheduled to open in late 2007 in Mayagüez, will provide training, research and development facilities for both academia and industry. The 35, 200 square feet facility includes a training center and four laboratories, a mammalian cell culture suite, a bio-analytical and protein characterization area, a bio-molecular purification suite and a microbial culture facility. PUERTO RICO | ACCELERATING THE FUTURE 4 [SPECIAL ADVERTISING S ECTION] Our Foundation for the Future “Puerto Rico’s attractive business climate and strong commitment to developing biotechnology manufacturing capability, as demonstrated by the formation of the Puerto Rico Science, Technology and Research Trust and the establishment of biotechnology programs at the University of Puerto Rico, were key factors in the decision to expand operations there.” Fabrizio Bonanni | Executive Vice President, Operations | AMGEN | Puerto Rico Science, Technology and Research Trustee AEROSPACE INDUSTRY ESSIG RESEARCH FLORIDA TURBINE TECHNOLOGIES INC. HAMILTON SUNDSTRAND HONEYWELL LOCKHEED MARTIN PRATT & WHITNEY / INFOTECH AEROSPACE 5 PUERTO RICO | ACCELERATING THE FUTURE [SPECIAL ADVERTISING S ECTION] Puerto Rico is a manufacturing powerhouse, primarily known for its life sciences sector, with over 140 FDA certified plants located throughout the Island. Thirteen of the 20 leading U.S. prescription drugs are manufactured in Puerto Rico. The Island boasts the largest concentration of life sciences industries per square foot in the world. Another knowledge-driven industry has discovered multiple ways to leverage Puerto Rico’s engineering talent and research excellence. The manufacturing presence of aerospace industry leader Hamilton Sundstrand is now complemented with Pratt & Whitney’s engineering analysis & design center, employing over 500 people. In the research arena, the University of Puerto Rico at Mayagüez hosts four National Science Foundation Engineering Research Centers performing cutting-edge research in subsurface sensing and imaging, adaptive sensing of the atmosphere, power electronic systems and wireless integrated microsystems. Lockheed Martin has launched a research program with the University in the development of algorithms for space-based digital signal processing of synthetic aperture radar data. Honeywell Aerospace’s operation is building core capabilities in information technology and global sourcing, Florida Turbine Technologies’ applied R&D center has become a reliable source of patentable inventions, and Essig Research’s engineering services outsourcing unit delivers work for world-class firms such GE Infrastructure and Williams International. That is the power of hosting two of the United States’ largest engineering programs. PRIDCO For over 50 years, has spearheaded Puerto Rico’s astonishing transformation into a global manufacturing center. It is now focused on promoting the transition to a knowledge economy while maintaining and strengthening its manufacturing sector. Today, the agency has three specialized units to attract and sustain investment. Two of these are for the life sciences and aerospace/defense industries. These units provide all type of support for companies established in these sectors. www.pridco.com PUERTO RICO | ACCELERATING THE FUTURE 6 [SPECIAL ADVERTISING S ECTION] The Knowledge Corridor 3 5 1 7 PUERTO RICO | ACCELERATING THE FUTURE [SPECIAL ADVERTISING S ECTION] 4 The flagship project of the Puerto Rico Science, Technology and Research Trust is the development of the Knowledge Corridor, a science city in the heart of metropolitan San Juan that aims to strengthen the R&D infrastructure of the Island. The 3 2 first phase of the project entails the construction of approximately 380,000 square feet of the state-ofthe-art laboratories and incubator space as well as the construction of residential and commercial projects, hotels, institutional buildings, and iconic open spaces. The Corridor will also link, through the existing Urban Train System, important centers of innovation and learning, such as the University of Puerto Rico’s main campus in Río Piedras, the Medical Sciences Campus, the Botanical Garden, the Molecular Sciences Building and the Puerto Rico Cancer Center. Once fully developed, the Corridor will extend over 2,000 acres of land in San Juan. 1. Puerto Rico Cancer Center 2. Molecular Sciences Building 3. Botanical Garden 4. University of Puerto Rico 5. Medical Sciences Campus PUERTO RICO | ACCELERATING THE FUTURE 8 [SPECIAL ADVERTISING S ECTION] A Research Network a Living Laboratory Puerto Rico’s ecological diversity and wealth of human capital contribute to the University of Puerto Rico’s growing research network. BOTANICAL GARDEN-UNIVERSITY OF PUERTO RICO A research center and living laboratory for tropical flora, the Botanical Garden annually receives 50 researchers from throughout the world. It is home to 25 bird species and houses a herbarium with 36,000 samples from the Caribbean, North, South and Central America. www.upr.clu.edu/jardin/JardiBot.htm CARIBBEAN CORAL REEF INSTITUTE The Caribbean Coral Reef Institute (CCRI) is a cooperative program between the University of Puerto Rico– Mayagüez and the National Oceanic and Atmospheric Administration. Through its sponsored programs and partnerships, CCRI aims to build research and management capacity in order to fully utilize the scientific expertise of the region in promoting both sustainable ecosystems and the services they provide. www.ccri.uprm.edu CARIBBEAN PRIMATE RESEARCH CENTER The Caribbean Primate Research Center (CPRC) conducts multidisciplinary, collaborative studies on the entire life cycle of rhesus monkeys as a biological model for humans. For over 30 years, the CPRC has been providing an invaluable service to the national and international scientific community by providing Indian-origin rhesus macaques with known backgrounds, and of the same genetic pool, for use in studies of numerous diseases that afflict humans. http://ucm.rcm.upr.edu/cprc.html CENTER FOR PSYCHOLOGICAL SERVICES AND RESEARCH The Center provides training, research, and psychological services. It offers a unique context in which faculty and students can integrate professional practice, theory, and research as harmonious, balanced parts of the educational experience. The Research Unit promotes, supports, and develops quality bio-psycho-social studies by training students and developing 9 PUERTO RICO | ACCELERATING THE FUTURE the faculty members’ research skills. http://cusep.uprrp.edu/ CLINICAL RESEARCH CENTER The Clinical Research Center of the University of Puerto Rico Medical Sciences Campus provides the necessary infrastructure and support services to conduct clinical research activities and to stimulate the clinical research potential of our faculty. The Center is funded by a $6 million RCMI grant of the National Center for Research Resources at the National Institute of Health. http://rcrii.rcm.upr.edu/ CREST-CENTER FOR APPLIED TROPICAL ECOLOGY AND CONSERVATION The Center is designed to create a research environment where multidisciplinary groups work together to solve the complex environmental problems facing the neotropics. The main goal of the Center is to become a dominant research center in applied tropical ecology and conservation. www.crest-catec.upr.edu INSTITUTE FOR FUNCTIONAL NANOMATERIALS This recently created entity employs 28 active nanotechnology researchers from four of the University of Puerto Rico’s campuses. It recently received $13 million from the National Science Foundation. INSTITUTE OF NEUROBIOLOGY The Institute of Neurobiology is an interdisciplinary, interdepartmental research center of the Medical Sciences Campus of the University of Puerto Rico. Its members carry out basic research in neuroscience, with particular emphasis on the use of simple systems to understand basic mechanisms of nervous system function and development. Fourteen fulltime faculty members conduct research and teach graduate [SPECIAL ADVERTISING S ECTION] courses. Their research interests range from the development of insect synapses to the anatomy of retinal projections in mammals. The Institute houses laboratories equipped for electrophysiology, biochemistry, molecular biology and histology, including confocal and electron microscopy. www.neuro.upr.edu PUERTO RICO CANCER CENTER The Puerto Rico Cancer Center (PRCC) promotes basic sciences, clinical, and epidemiological research in cancer prevention and control in Puerto Rico. In addition, the Center supports programs in cancer information and education for the public, patients, and health professionals. The Center also seeks to be the basis for a comprehensive cancer center of excellence in cancer prevention, research, and service for Puerto Rico and the Caribbean, given its primary concern with cancer in Hispanics and other minority populations. MULTIDISCIPLINARY COLLABORATIVE RESEARCH CENTER The goal of this Center is to enhance competitive biomedical research at the UPR Medical Sciences Campus by focusing on the development of a strong infrastructure for conducting multidisciplinary collaborative research studies through the establishment of clusters of excellence in health disparities affecting the Puerto Rican population. Research facilities supported by the Center include the Clinical Proteomics Discovery Core Facility; the Center for Molecular Genetics and Infectious Diseases Research; the Enhancement of Neurogenetics Research at the Institute of Neurobiology, and the Center for Research Information Architecture. The Center is funded by a $13 million RCMI-grant from the National Research Resources at the Natinal Institute of Health. http://rcmi.rcm.upr.edu THE MATERIALS CHARACTERIZATION CENTER The Center is the joint recipient, with the University of Texas M.D. Anderson Cancer Center, of an $18 million grant from the National Cancer Institute. http://www.md.rcm.upr.edu/ccpr/eng/ SEA GRANT COLLEGE The Sea Grant College Program is an educational program focusing on the conservation and sustainable use of coastal and marine resources in Puerto Rico and the Caribbean region. The program conducts research in the areas of water quality, fisheries and mariculture, seafood safety, marine recreation and coastal tourism, coastal hazards and coastal communities economic development and applies scientific knowledge to solve a variety of problems afflicting these areas. For over two decades the program has been working to promote sustainable development and the wise use of marine resources in Latin America and the Caribbean region. www.seagrant.uprm.edu Located at the University of Puerto Rico, Río Piedras Campus, this Center (MCC) offers specialized services in the area of Nuclear Magnetic Resonance, Mass Spectrometry, Surface Microscopy and Spectroscopy and X-Ray Diffraction and Confocal Microscopy to clients from industry, government and the academic community. In offering these services, which are not available elsewhere in Puerto Rico, the MCC seeks to promote closer interaction between industry and academia to their mutual benefit. Some typical applications of the MCC’s facilities include: determination of the chemical structure of unknown compounds, mixture analysis, analysis, and identification of impurities, identification of trace compounds, organic volatiles identification (OVI), and characterization of chemical deposits on a surface. http://www.mcc.com.pr PUERTO RICO | ACCELERATING THE FUTURE 10 [SPECIAL ADVERTISING S ECTION] Innovative Minds our transmission rate has been almost zero. This has been the consequence of diverse research projects aimed at understanding and reducing the risk for perinatal transmission and the implementation of aggressive strategies.” Carlos Rinaldi Ph.D., Professor of Chemical Engineering, Recipient NSF Career Award, UPR Mayaguez Campus “My research is focused on nanostructured materials, particularly systems with dispersed magnetic nanoparticles. Current projects deal with magnetic nanoparticle suspension hydrodynamics and rheology, magnetic nanoparticle based sensors, magnetic fluid hyperthermia (a novel form of cancer treatment), and developing magnetic nanofibers for anticounterfeiting applications.” Dr. Walter Frontera M.D. Ph.D., Dean, School of Medicine, UPR Medical Sciences Campus “The School of Medicine, as an important part of the University’s strategic plan, is interested in building and strengthening our research capacity to simultaneously contribute and benefit from a knowledge economy.” 11 PUERTO RICO | ACCELERATING THE FUTURE Gregory Quirk M.D. Ph.D. Professor of Psychiatry, School of Medicine, UPR Medical Sciences Campus Kaumudi Joshipura D.M.D., Professor of Odontology, UPR Medical Sciences Campus “Our work focuses on how to reduce learned fears. Understanding how the brain normally overcomes fear could help sufferers of anxiety disorders such as post-traumatic stress disorder. By publishing in top journals, we have shown that there is no barrier to success in neuroscience in Puerto Rico. Indeed, first-class science can (and should) come from diverse countries throughout the world.” “The focus of my research team is to study inflammatory and dietary risk factors for chronic disease including diabetes, cardiovascular disease and periodontitis. In terms of the public health focus, our group is interested in primary and secondary prevention of diabetes and its complications. Cardiovascular disease and periodontal disease are among the many complications of diabetes.” Carmen Zorrilla M.D., Professor of Obstetrics and Gynecology, Member of the NIH Advisory Committee on Women Affairs, UPR Medical Sciences Campus “One of the most remarkable successes we have had in the fight against AIDS has been the reduction in motherto-infant transmission of HIV. For the past 10 years Rosa Buxeda Ph.D., Director Industrial Biotechnology Program, UPR Mayaguez Campus “In response to the portfolio of biotechnology investments in Puerto Rico, the Industrial Biotechnology Program at the University of Puerto Rico implemented a biotechnology roadmap that extends from high school to on-the-job training. These initiatives support the development of biotechnology in Puerto Rico as we train our workforce and aggressively move towards companysponsored research. The roadmap has been successfully implemented in collaboration with industry through the Program’s Industrial Advisory Board.” Glorisa Canino Ph.D., Director of the Behavioral Sciences Research Institute, Member of the Council National Institute of Mental Health, UPR Medical Sciences Campus “At the Behavioral Sciences Research Institute, we carry out studies of chronic conditions such as asthma, mental disorders and behavioral problems in the [SPECIAL ADVERTISING S ECTION] population, particularly among children. One example of the work is the “UPR-CHA Research of Excellence: Making a Difference in Latino Health”, conducted in collaboration between the UPR, Cambridge Health Alliance and Harvard Medical School. Most of the Institute’s funding is generated from external resources obtained through competitive proposals to the National Institutes of Health (NIH). This research has generated more than 150 publications in peer reviewed scientific journals.” Joshua Rosenthal Ph.D., Assistant Professor, Institute of Neurobiology, UPR Medical Sciences Campus “A decided advantage to doing research in Puerto Rico is the abundance of bright, motivated graduate students. Each year the University of Puerto Rico system puts out scores of students eager to pursue science. In addition, because it’s an easy cultural transition, many top notch students from Central and South America are recruited to Puerto Rico. These factors coupled with unfettered access to U.S. funding sources makes for a productive research environment.” of genetic factors such as the insulin growth factor 2 gene (IGF2) and the mismatch repair genes in the development of colorectal cancer. We are also evaluating the use of nutritional agents such as calcium, vitamin D and turmeric as ingredients that may prevent colon polyps and cancer.” Abimael Rodríguez Ph.D., Professor of Chemistry, UPR Río Piedras Campus “I started out wanting to become a medical doctor. But then how many patients can you treat? As a chemist, if I discover one drug I could save thousands of lives. The main focus of our research with Caribbean marine invertebrates is to look for new drug candidates that are active against cancer, tuberculosis, and malaria.” Marcia Cruz M.D., Associate Professor of Medicine, UPR Comprehensive Cancer Center, UPR Medical Sciences Campus “One of the areas of investigations that we are currently conducting at the UPR Comprehensive Cancer Center is the study Jorge Luis Rodríguez, President & CEO, PACIV “For the past 30 years, Puerto Rico has had the largest concentration of biopharmaceutical facilities per square foot in the world. As such, there is an immense pool of talented and experienced people with science, engineering and technical degrees. After many years of working with the industry as a process control and computer systems validation engineer, I realized that the process automation and all its regulatory compliance aspects were not being addressed as a whole by a solution service provider, so I founded PACIV. Ten years later, our headquarters are in Puerto Rico and we have offices in the U.S. and Europe from which we provide our global clients with “glocal” solutions in our areas of expertise.” José Lasalde Ph.D., Professor of Biology, UPR Río Piedras Campus “The focus of our laboratory research (www.nachrs.org) is on ion channel structure, related disorders, and neurodegenerative diseases. As part of our NIH funded research, we conduct experiments on a variety of organisms, from electric sting rays, muscle cells from transgenic mice models to human macrophages. We study almost all aspects of nicotinic acetylcholine receptors - the interrelationships of the receptors’ proteins with the lipid membrane and how mutations in these receptors lead to disease. One project, funded by the SNRP Neuro Aids program, focuses on the potential role of a neuronal nicotinic receptor as a pharmacological target for HIV-associated dementia. The projects involve both laboratory and clinical research in collaboration with the University of Chicago, Scripps Institute and the University of Washington at Seattle.” PUERTO RICO | ACCELERATING THE FUTURE 12 [SPECIAL ADVERTISING S ECTION] An Infrastructure for the Future Puerto Rico offers the business community, investors and researchers quality infrastructure in many areas needed to support the effective development of business, research and investments. Technology: The University of Puerto Rico is part of Internet 2, a research and development consortium led by over 200 universities in partnership with industry and government founded to produce advanced network applications and technologies to continue developing the Internet. Telecommunications: Puerto Rico has a 100% digital switching telecommunications network, fiber optic cable available throughout the Island and 92 satellites that connect Puerto Rico to the world. Venture capital: In the recent Guayacán Private Equity Fund II of $60 million raised by private capital venture firm Advent Morro, an oncology pool was segregated to direct funds for the commercialization of cancer research. The Fund may invest up to $5 million in early-stage companies that are developing or commercializing oncology technologies being sponsored under the joint collaboration of the UPR Comprehensive Cancer Center and the University of Texas M. D. Anderson Cancer Center. Oncology Pool investments will typically not exceed $600,000 per portfolio company and will generally require formal sponsorship from MD Anderson or one of its affiliated investment pools. In addition, the Economic Development Bank has earmarked $ 25 million in venture funds to support primarily the development and commercialization of technology. 13 PUERTO RICO | ACCELERATING THE FUTURE Puerto Rico Science, Technology and Research Trust: This entity formulates public policy for science and technology and provides the financial and conceptual framework for the knowledge economy. The Board of Trustees is composed of five government representatives, including the Secretary of Economic Development and Commerce and the President of the University of Puerto Rico and six representatives from the private sector, including prominent members of the scientific and industrial communities of the U.S. and Puerto Rico. Alliances: The University of Puerto Rico has developed numerous alliances with a wide array of institutions to conduct research and/or clinical studies among them: M.D. Anderson Cancer Center, University of Texas, Harvard University, New York University, University of Nebraska, Virginia Commonwealth University, National Institute of Health, National Science Foundation, New York Botanical Garden and Children’s National Medical Center, San Juan Veteran’s Hospital and a number of pharmaceutical companies conducting clinical studies in Puerto Rico. Construction Cluster: A driving force for the Puerto Rico life sciences sector is a one stop shop of 10 leading companies that work as a team to help pharmaceutical, biotechnology and medical device companies shorten the timeframe for delivering of facilities and therefore improve the time-to-market of their products and reduce costs. Companies offering regulatory compliance and validation services are part of the team. These companies have developed competitive advantages allowing them to service plants in Puerto Rico and export their services to life sciences companies that want to locate elsewhere in the world, leveraging their expertise, globally. Puerto Rico and the companies represented in the Cluster offer a significant [SPECIAL ADVERTISING S ECTION] advantage by means of our experience with the regulatory agencies not only with the FDA but also with EMEA and other countries, being Puerto Rico a global exporter of pharmaceutical products. Urban Train: Puerto Rico boasts a modern metro system that links the municipalities of San Juan, Bayamón and Guaynabo in a rail system encompassing 16 stations and 17.2 km. Each of the stations showcases unique artwork and architectural style. Plans are underway to extend the metro system. Roads: Puerto Rico has a system of highways and superhighways that ensures that no point on the Island is more than two hours away from an airport or seaport. Ports: San Juan’s port is ranked 11 among the busiest container ports in the Western Hemisphere. Forty shipping lines provide service to 80 U.S. and international ports. Airports: Luis Muñoz Marín International Airport, located in metropolitan San Juan, is among the 50 leading airport in the U.S. and the world’s 100 largest in terms of passenger and cargo movement. Incentives: Puerto Rico offers a highly competitive package of incentives. Over the years, the incentive package offered by the Island has been able to attract and sustain the economy’s strength in the manufacturing sector. PUERTO RICO | ACCELERATING THE FUTURE 14 [SPECIAL ADVERTISING S ECTION] The advantages of going offshore. The security of being home. To learn more about all the benefits Puerto Rico offers, visit our website at www.pridco.com or call 1-888-5-PRIDCO.
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