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CINDE: What Fuels Medical Devices Leadership in Costa Rica?


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SAN JOSÉ, Costa Rica, April 16, 2021 /PRNewswire/
 Medical devices have become a leading product in Costa Rica, to the point that today they represent the country s top export product.
Twenty years ago, there were only eight life sciences companies in Costa Rica; today, there are 81 that create more than 38,248 jobs. Of these, women are well represented, occupying 52% of all positions. 
Despite challenges due to the pandemic, medical devices continue to demonstrate dynamic growth in export products from Costa Rica in 2020 (+8%) and a 23% growth during the first two months of 2021 – an absolute variation of $138 million.
So, what is the reason for the sector s growth in Costa Rica? For the Costa Rican Investment Promotion Agency (CINDE), the reasons fall within four compelling areas: ....

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