Puerto Rico Manufacturing Proposition Analysis
Given our conversations, we believe additional strategic marketing separating
fact from fiction/perception would be beneficial
AL
Illustrative
Effective marketing messages could clarify
existing perceptions (not exhaustive), e.g., ...
Characterize the true extent of structural
issues (not exhaustive), e.g., ...
Availability of Talent
•Productivity
Natural Hazards
Business env.
"
There's been loss of talent
on the island after 936,
with little new talent
coming in
- VP of Governmental Affairs,
large brand pharma
There is skill but in small
numbers. It's limited to
what's on the island, other
people won't move there
- Director of Global Strategic
Sourcing, large med-tech
Sometimes there is "a
mañana culture" - in other
words, worry about it
tomorrow. That could lead
to quality & reliability issues
-Head of External Supply,
large brand pharma
"The quality issues we had in
PR with CDMOs was
technical incompetence
Source: Synthesized interviews with industry experts
-Former VP of Mfg,
large generic pharma
"Issues with infrastructure
and natural disaster push
Puerto Rico further down
the list
-CEO, small med-tech
"We have spent a lot of time
and money building
redundancies in Puerto
Rico to shore up resilience
in case of disasters
- Former Exec. Director of US
Advocacy, large brand pharma
"I would be surprised if
there is major investment
[in PR] unless there is a
significant negotiation with
the government for a tax
break
-Head of External Supply,
large brand pharma
"If there is no financial
incentive to be there, I
would pick anywhere else
in the contiguous US
-SVP global supply chain,
large pharma
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