Manufactured by Shockwave Medical in Coyol Free Zone
- The company is a pioneer in the development of intravascular lithotripsy (IVL) to treat severe vascular calcifications.
- It is in the process of starting its manufacturing operations, and plans to hire +300 people in the next year.
September. In order to improve the lives of patients around the world, Shockwave Medical is focused on the development and commercialization of products aimed at transforming the way vascular calcifications are treated.
Shockwave Medical aims to establish a new standard of care for the interventional treatment of atherosclerotic cardiovascular disease through the differentiated and patented local delivery of a catheter that generates acoustic waves for the treatment of calcified plaque, to which the company refers as intravascular lithotripsy (IVL). IVL is a minimally invasive, easy to use, and safe way to significantly improve patient outcomes.
This innovative device will be manufactured in Coyol Free Zone, Alajuela, by Shockwave Medical, a company that selected Costa Rica due to, among other reasons, the high education of its labor force, the knowledge and experience in the medical industry (especially in catheter manufacturing), the political stability and legal security, as well as the country’s commitment to nature.
Enrique Saborío, CEO and Vice President of Operations of Shockwave in Costa Rica explained that “the country has important features for the manufacture of medical devices. Costa Rica has a workforce that stands out in the world. A very competitive and specialized labor force, with an extraordinary capacity to assemble very small components using high resolution microscopes, and with very high precision” explained Saborío.
Companies engaged in heart care in Coyol Free Zone
Shockwave Medical is one of the six companies located in Coyol Free Zone, Costa Rica’s leading medical device export park, engaged in the manufacture and/or production of heart care equipment and technologies.
These companies, which have chosen Costa Rica as their headquarters to export to the rest of the world, now generate more than 10,800 direct jobs, or 49% of the Park’s workforce.
On the occasion of World Heart Day, which is observed this 29th of September, Carlos Wong, Managing Director of Coyol Free Zone, explained that the use of technology in the field of medical devices is transforming the way in which diseases such as heart disease are diagnosed and treated.
“These innovations improve medical care and save lives worldwide. Coyol Free Zone offers an optimal ecosystem with competent, skilled and knowledgeable human talent in the innovation of the cardiovascular market”, Wong explained.