Biocept's lung cancer blood test to become more accessible in Mexico

Biocept has entered into a deal with Quest Diagnostics Mexico to expand the reach of its epidermal growth factor receptor (EGRF) mutation detecting liquid biopsy test to lung cancer patients in Mexico. Biocept's liquid biopsy tests for cancer profiling and monitoring help identify cancer mutations, which in this case are EGFR mutations associated with lung cancer. Read More »

Adavium Medical acquires two Brazilian clinical diagnostic companies

Adavium Medical, formerly known as ADVANCE Medical, recently acquired two of Brazil’s largest clinical diagnostic companies, Alka Tecnologia and Hemogram Industria e Comercio. The acquisitions position Adavium as Brazil’s largest medical equipment and diagnostics company in terms of sales and customer base. The company also named Claudia Golart as president and CEO of the diagnostics division. Read More »

Partnership launched to increase Latino presence in media

The National Hispanic Media Coalition (NHMC) said last week it is teaming up with Mexico City-based Televisa, Univision Communications and the National Association of Latino Independent Producers to expand opportunities for the Latino community in the media and technology industries. The partnership will create programs aimed at increasing diversity in media and technology. Read More »

Carl's Jr. opens 200th restaurant in Mexico

CKE Restaurants Holdings Inc. recently opened its 200th Carl's Jr. franchise in Mexico. CKE said it is now moving toward opening its 300th Carl's Jr. in Mexico by 2019. “Mexico is a vibrant food service market and our brand has a strong track record of success across the country thanks to a solid base of outstanding franchisees," CKE International Division President Ned Lyerly said. Read More »

PriceSmart opens second warehouse club in Nicaragua

PriceSmart announced Thursday that it has opened a warehouse club in Managua, Nicaragua, the second warehouse club in the nation that will bring the company’s total operational locations to 38. Warehouse clubs operated by PriceSmart are clubs that offer merchandise at special prices to those who have memberships. The company operates locations in Latin America and the Caribbean. Read More »

Brazil Minerals hires administrative VP for Montes Claros project

Brazil Minerals has hired Gisele Souza as the vice president of administration for the company's operations in Montes Claros. Souza is a dual U.S. and Brazillian citizen who is fluent in English and Portugese. She will be the company's mediator between its sand, mortar and mining operations in the Minas Gerais region and local government, regulators and local businesses. Read More »

PriceSmart to open 7th Colombia-based Warehouse Club

All systems are a go for PriceSmart to launch construction and operation of its seventh Warehouse Club in Colombia, with completion slated to occur in the Bogota suburb of Chia in fall 2016. The expansion will open the door for the U.S. corporation to further expand its footprint in Latin America. PriceSmart was founded by Sol and Robert Price, co-founders of The Price Club.  Read More »

Visa checkout streamlines online shopping in Brazil

Payment leader Visa launched Visa Checkout for online shopping in Brazil Friday. The online checkout offering enables customers to buy items quicker from any electronic device, and 96 percent of users consider this new service to be the most-secure way to make a payment over the Internet. Futebolcard, which sells soccer tickets in Brazil, is the first seller to use Visa Checkout. 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 »

Latin American megatrends: urbanization, middle class growth, richer women

Over the next decade, Latin America will see an increase in urbanization and a growing middle class, in addition to more purchasing power for women, a recent study on megatrends by Frost & Sullivan predicted. The full study will be published in November ahead of Frost & Sullivan's conference on Growth, Innovation and Leadership to be held in early December in Miami, Florida. Read More »

U.S. Spanish-language newspapers experiencing “Golden Age”

Spanish-language newspapers in the U.S. are going through a rich period and have an even better outlook though challenges remain, Reinaldo Escobar, a Colombian-born journalist and owner of The Spanish Times in Utah, recently told Latin Business Daily. The importance of Spanish-language media has grown along with the U.S. Hispanic community's political importance, Escobar said. Read More »

8minutenergy Renewables selects new vp

Pablo Otin was named solar power provider 8minutenergy Renewables new Vice President of Business Development in Latin America Monday. The solar company expects to develop 2.000 megawatts of solar photovoltaic projects in Latin America by 2020. Otin was Country Manager for Gestamp Solar in North America, where he was responsible for 11 operational projects and securing PPA contracts. Read More »

Capstone Turbine Corporation to expand into Colombia

Capstone Turbine Corporation recently announced that it has a received an order for a C600 microturbine that will be powering a gas compression station in Colombia, a microturbine able to operate in dual mode and independently of the grid, or with the grid in a load sharing capacity; it can also provide power to the compression 27/7 and is modular, meaning it can easily be expanded to accommodate a future expansion. Read More »