Chile’s pharmaceutical industry: A new hub for business opportunities

The coronavirus pandemic has brought about growth opportunities for the pharmaceutical industry in Chile, attracting foreign companies that have recognized the opportunity to base their operations in the country and use it as a platform for regional expansion.

Chile’s pharmaceutical industry moves around US$1.8 billion, equivalent to 0.73% of national GDP, and has a positive impact on other sectors of the economy, such as manufacturing, commerce, and transportation. It also generates more than 68,000 jobs per year!

This industry has had a positive impact on Chileans’ life expectancy, increasing it by 0.8 years on average between 1986 and 2000, and by 1.27 years between 2000 and 2009, accounting for between 40% and 73% of the increase in total life expectancy in Chile.

It is in this context that InvestChile and the Public Health Institute have launched a new ebook, motivated by a desire to develop and fuel Chile’s pharmaceutical industry. 

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