InspireMD receives approval to commercialize CGuardTM

Embolic prevention leader InspireMD Inc. received regulatory approval Monday to commercialize the CGuardTM Embolic Prevention System for the treatment of carotid artery disease in Argentina. The CGuard EPS prevents peri-procedural and late embolization by trapping potential emboli against the arterial wall. The global carotid stent market should grow 13 percent annually. Read More »

Brazil pork meat exports rise in volume but plunge in dollars

Exports of pork meat from Brazil have gained significantly in volume in the first nine months of 2015 when compared to the previous year; yet, revenues have still plunged in the same period. However, revenues in dollars fell 17.5 percent during the same period compared with a year earlier, accumulating a final result of $918 million in 2015 due to Porcine Epidemic Diarrhea virus. Read More »

Colombia restarts upgraded Cartagena refinery after $8 billion investment

Colombian officials restarted the crude processing unit of the Cartagena refinery Wednesday in the first step of making all 31 units of the upgraded plant operational that will process 165,000 barrels of crude per day. The country´s state oil company Ecopetrol separately said that the investment increased crude refining capacity to 165,000 barrels per day from 80,000 barrels per day.  Read More »

Global Digital Solutions acquires Rontan in Sao Paulo

Security and technology solutions provider Global Digital Solutions Inc. recently acquired emergency warning equipment manufacturer Rontan Group, which is based in Sao Paulo, Brazil.The new CEO for Rontan will be named by GDSI's board of directors in a upcoming meeting. Richard J. Sullivan is the most probable name to fulfill the position. Rontan registered $128 million in 2014. Read More »

Jaguar opens Brazil office

Jaguar Growth Partners opened an office in Sao Paulo, Brazil, Thursday. Christian Klotz and Ricardo Costa, two recent additions to the private equity firm’s staff, will head up the new office. The opening of the office will establish Jaguar's presence in Latin American, according to Thomas McDonald, Jaguar managing partner. Prior to joining Jaguar, Klotz co-founded UJAY Capital. Read More »

Riverbed, Latamkey announce partnership in Mexico

Latamkey will manage application performance infrastructure company Riverbed's business relationships with Mexican telecommunication service providers. Besides the traditional telecom services, Latamkey will also develop cloud service and support interconnection from any device or platform. Latamkey stressed its commitment to make more investments in specialized resources. Read More »

Brazil Minerals CEO to advise U.S. presidential candidate

Brazil Minerals Inc. CEO Marc Fogassa joined an advisory committee of a 2016 U.S presidential candidate Oct. 12. And while the company did not name which candidate Fogassa is advising, he was selected to offer his expertise on U.S.-Brazil relations and supports expanded open trade between the two countries with less bureaucracy. Fogassa is not being paid for his contributions. Read More »

Endurance expands Google Apps for Work offering to Mexico, India

Cloud-based solutions provider Endurance International Group launched Google Apps for Work Thursday on international brands Bluehost Mexico and HostGator Mexico. Endurance launched Google Apps for Work on BigRock in India earlier this year. With these additions, small business subscribers in Mexico and India can grow their business online through Google Apps and Endurance. Read More »

Altenesol to begin site preparation at Colombian plant

Altenesol Colombia S.A.S., a natural gas subsidiary, obtained the permits needed to begin preparing the site for the Nataly I LNG plant in Colombia Oct. 16. Nataly I is backed by Geoproduction Oil and Gas, a subsidiary of Canacol Energy and Shona Energy, through a 10-year contract. The permits acquired ensure that construction will be carried out according to the contract. Read More »

Sao Bento farm qualifies for Humane Farm Animal Care certification

São Bento Farm in Cachoeira Paulista, Brazil, is the first South American dairy farm to qualify for the Certified Humane Raised and Handled program. The Certified Humane label guarantees that animal products being purchased have been produced according to Humane Farm Animal Care's (HFAC) defined animal care standards. Under HFAC’s standards, animals must be fed a nutritious diet. Read More »

Argentina's Ministry of Health approves MediWound's NexoBrid

Argentina's Ministry of Health authorized bio-pharmaceutical company Mediwound Ltd. to market and distribute NexoBrid®, which removes dead or damaged tissue from adults with thermal burns, Thursday. Clinical studies conducted on NexoBrid show that the product debrides burn wounds earlier than the current standard of care, significantly reducing surgical excisions and autografting. Read More »

Latin American comic industry marked by social, political issues

The Latin American comic strip industry is different from its U.S. and European counterparts because of its influence by political and social issues, a local comic strip creator recently told Latin Business Daily. In Europe and especially in the U.S., there historically has been a bigger emphasis on characters who have special powers, but that's not the case in Latin America.  Read More »

AziLat acquires 2 OGX blocks off the coast of Brazil

AziLat Ltd. agreed to acquire full interest in OGX Petróleo e Gás S.A's two blocks off the coast of Brazil that are operated by ExxonMobil Exploração Brasil, Ltda. AziLat is an oil and gas exploration company backed by Seacrest Capital Group. Through its local subsidiary, AziBras Exploração de Petróleo e Gás Ltda., Azilat will take over the OGX working interest in the blocks. Read More »