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Despite the annual production setback, the macro story for Colombian coffee production remains positive. “In the last decade, yields have increased nearly 30%."

The Latin American Agribusiness Development Corporation will finance ventures in Colombia, Chile, Costa Rica, the Dominican Republic, Guatemala, Nicaragua, and Peru.

Truxima was also launched as the first “biosimilar monoclonal antibody” licensed for the treatment of cancer in various European markets.

The Banmédica deal also includes Colombian companies Aliansalud, Colmédica, Clinica del Country, Clinica La Colina, and Portoazul.

The ICO estimates production in Colombia to decrease by 4.3%, to 14 million bags, this crop year.

Colombia has joined the World Economic Forum alliance to protect the Amazon from deforestation.

Khiron will grow cannabis strains chosen to target “patients identified as having unmet medical needs" within Colombia and Latin America.

"We look forward to increasing our future cultivation footprint and quota as we ramp up production to meet global demand,” said Patricio Stocker of PharmaCielo Ltd.

The Inter-American Development Bank (IDB) today approved a $100 million USD assistance loan to help Colombia improve the nation’s environmental and socioeconomic sustainability. The loan is for a 13.5-year term “with a 13.5-year grace period and a LIBOR-based intere...

"We’re already hearing about farmers moving their coffee and chocolate crops higher upslope because of warming temperatures."