Shockwave Medical (Nasdaq:SWAV) announced today that it opened a new production plant for its intravascular lithotripsy (IVL) technology in Costa Rica. The company shared news of the new plant, located in San José, in a post on LinkedIn. It marks another recent positive development for the company, which agreed to be acquired for $13.1 billion by […]
Costa Rica
Nevro wins FDA approval for manufacturing operations in Costa Rica
Nevro (NYSE:NVRO) announced that the FDA approved manufacturing operations in Costa Rica for the production of its spinal cord stimulation (SCS) systems. Redwood City, Californa-based Nevro’s new facility sits in the Coyol Free Trade Zone in Alajuela, Costa Rica. It produces proprietary SCS systems that treat chronic pain, including the HFX product platform. The facility […]
Contract manufacturers fuel medtech expansion in Costa Rica
Medical device manufacturing is flourishing in the Central American country, spurred by a host of incentives. This year is seeing a wave of expansions by medtech contract manufacturers in Costa Rica. Medtech OEMs have made the Central American company a manufacturing hub since the 1990s. Major companies operating there include Abbott, Bayer, Boston Scientific, Cardinal […]