Thursday 2 May 2024

Establishment Labs and VeriTeQ Investing US$2 Million In Breast Reconstruction Technology

Paying the bills

Latest

The 5 most common banking scams generated by Artificial Intelligence

Up to US$25 million were stolen in the world...

Find out who the new councilors of your canton are starting this May 1st

This May 1, mayors, councilors, and alternates elected in...

Bill to dollarize Costa Rica before Congress

QCOSTARICA -- Legislator Jorge Dengo Rosabal from the Partido...

New England Patriots plane landed in Costa Rica

QCOSTARICA -- A plane painted with New England Patriots...

Central Bank not exactly sure what’s causing the dollar to go up, but assures no need for alarm

QCOSTARICA -- The dollar exchange rate started the week...

4 parents in the US reported possible abduction of their children to Costa Rica

QCOSTARICA -- On Monday, the United States issued its...

May 1, Labor Day, is a public holiday in Costa Rica

QCOSTARICA -- Costa Rica has two categories of public...

Dollar Exchange

¢503.11 BUY

¢510.49 SELL

02 May 2024 - At The Banks - Source: BCCR

Paying the bills

Share

Establishment Labs, located in Coyol, Alajuela, exports to 47 countries.
Establishment Labs, located in Coyol, Alajuela, exports to 47 countries.

QCOSTARICA – Establishment Labs, maker of breast implants located in Coyol, Alajuela (Costa Rica), announced a US$2 million dollar investment in conjunction with VeriTeQ for the development of a pressure-sensing microtransponder to be used in tissue expanders for breast reconstruction and tissue expansion.

VeriTeQ Corporation is a provider of implantable medical device identification and radiation dose measurement technologies.

Establishment Labs’ tissue expanders will incorporate a host of technological features, most importantly giving surgeons the ability to measure internal pressure during the expansion cycles.

- Advertisement -

Under the trade name, SmartQ, Juan José Chacón, general manager of Establishment Labs told El Financiero that the plan is to begin distribution gradually starting in 2016. Chacón added that the initial production is of 50.000 units, to eventually reach 200.000 units over a period of three years.

The executive said the main focus of production is for export, up to 98% of the production to be sold abroad.

However, Chacón explained, the  Caja Costarricense de Seguro Social (CCSS) – Costa Rica’s social security – has shown an interest in the functionality of this novel technology.

*The El Coyol industrial park (Coyol Free Zone) is located minutes west of the Juan Santamaría (SJO) airport, and home to companies like Grupo Monge, Laica, Gollo, Walmart, Durman Esquivel and a significant number of other companies.

- Advertisement -
Paying the bills
Rico
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

The 5 most common banking scams generated by Artificial Intelligence

Up to US$25 million were stolen in the world during 2023...

Find out who the new councilors of your canton are starting this May 1st

This May 1, mayors, councilors, and alternates elected in the municipal...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Discover more from Q COSTA RICA

Subscribe now to keep reading and get access to the full archive.

Continue reading