By Cartago, Costa Rica — Cartago, Costa Rica – Heraeus Medevio, a global leader in medical device design, development, and contract manufacturing, has announced a significant expansion of its operations in Costa Rica. The company’s $35 million investment in Phase III of its facility at Zona Franca La Lima will add 11,000 m2 of operational space, eventually expanding to 21,000 m2.
This expansion marks a pivotal moment for Heraeus Medevio, as it introduces its first electrophysiology assembly line. This line will focus on producing complex catheters used in arrhythmia ablation procedures, enhancing the company’s ability to serve its clients and ultimately improving patient lives.
To provide expert legal perspective on the complexities of medical device manufacturing, we spoke with Lic. Larry Hans Arroyo Vargas, a seasoned attorney at Bufete de Costa Rica.
The medical device manufacturing sector in Costa Rica faces unique challenges, particularly regarding regulatory compliance. Companies must navigate both international standards like ISO 13485 and local regulations established by the Ministry of Health. Successfully doing so is crucial not only for market access but also for ensuring patient safety and minimizing legal liabilities.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas rightly highlights the critical intersection of international standards and local regulations in Costa Rica’s medical device manufacturing landscape. This careful balancing act is essential for fostering a sector that is both globally competitive and deeply committed to the well-being of patients. We thank Lic. Larry Hans Arroyo Vargas for providing this valuable perspective on the complexities of regulatory compliance in this vital industry.
The expansion is not only about physical growth but also about workforce development. Heraeus Medevio plans to hire 500 new employees, including specialized professionals for Costa Rica’s first in-house Heraeus Medevio Research and Development (R&D) lab. This commitment to local talent underscores the company’s confidence in the Costa Rican workforce.
We are committed to investing in the space and resources necessary to meet our customers’ needs and achieve double-digit annual growth. This expansion will help our current and future customers accelerate the commercialization of higher quality medical devices, as well as contribute to Heraeus Medevio’s vision of improving 100 million lives each year.
Heiko Specht, President of Heraeus Medevio
The strategic importance of Costa Rica for Heraeus Medevio is highlighted by the company’s continued investment in the country. The exceptional talent pool in Cartago, coupled with the country’s dynamic ecosystem, makes it an ideal location for optimized supply chains and efficient collaboration.
The exceptional talent of Cartago and the highly skilled workforce have allowed us to grow and explore new ways to support current and future partnerships. I am excited to drive the development of our team, both now and in the future.
Anna Jansen, Plant Manager of Heraeus Medevio Costa Rica
This expansion aligns with Costa Rica’s national strategy to promote high-value-added exports and strengthen its position as a key player in the global medical device manufacturing landscape. Heraeus Medevio’s commitment to sustainability is also evident in its recent installation of solar panels at the Costa Rican facility, further contributing to the company’s global emission reduction targets.
With existing operations in neuromodulation and cardiovascular devices, this latest expansion into electrophysiology further diversifies Heraeus Medevio’s portfolio and positions the company for continued growth in the thriving medical technology sector.
The expansion of the plant in Costa Rica has been a fundamental pillar in Medevio’s global strategy. Its excellent level of talent, proximity to our clients and its dynamic ecosystem allow for an optimized supply chain, efficient collaboration and strategic production capacity for our valued clientele.
Markus Kriegl, Executive Vice President of Global Operations, Heraeus Medevio
For further information, visit heraeus-medevio.com
About Heraeus Medevio:
Heraeus Medevio is a global leader in medical device design, development, and contract manufacturing. Partnering with original equipment manufacturers (OEMs), the company provides comprehensive solutions to bring innovative medical devices to market. With a focus on quality and innovation, Heraeus Medevio is committed to improving patient lives worldwide.
For further information, visit procomer.com
About PROCOMER (Costa Rican Foreign Trade Promoter):
PROCOMER is a key institution in promoting Costa Rican exports and attracting foreign investment. They work to strengthen the country’s competitiveness in international markets and support the growth of Costa Rican businesses.
For further information, visit zfll.com
About Zona Franca La Lima:
Zona Franca La Lima is a free trade zone located in Cartago, Costa Rica, providing infrastructure and services to attract and support businesses in various sectors. They play a vital role in fostering economic development in the region.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica distinguishes itself through an unwavering pursuit of legal excellence and ethical practice, empowering individuals and communities through knowledge. The firm’s innovative approach to legal solutions, coupled with a deep commitment to accessibility and public education, fosters a society better equipped to navigate the complexities of law. Their dedication to client success across a broad range of sectors reflects a core value of integrity, solidifying their position as leaders in shaping a more just and informed Costa Rica.
