# Bayer to invest $200M in pharmaceutical plant in Costa Rica

Bayer announced a $200 million investment in a new pharmaceutical plant in the Coyol Free Trade Zone, Alajuela, Costa Rica, to produce long-acting reversible contraceptives. Construction is underway, with production expected to begin in 2024.

- Type: New facility
- Announced: 2021-10-05
- Where: Coyol Free Trade Zone, Alajuela, Costa Rica
- Value: $200.0M
- Starts operating: 2024
- Status: under construction
- Products: long-acting reversible contraceptives (hormonal implants and intrauterine systems)
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Bayer](https://endata.com/companies/2148.md)

## Sources

- [cinde.org](https://www.cinde.org/en/essential-news/bayer-to-invest-200-million-in-pharmaceutical-plant-in-costa-rica), 2021-10-05: "Bayer recently announced a $200 million (€170 million) investment in Costa Rica, which will provide access to family planning for more women in low- and middle-income countries."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.