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Relocation of lab

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Hello,

 

Here is a partly theoretical problem. You own a lab in the US that performs 75,000 genetics tests per year. Profit margins are OK but you want to increase it yet not lose any quality in output. You have the chance to relocate and kit out a new lab anywhere around the globe.

 

Where would you choose to set up and why?

 

Some factors to consider are:

1) English should be spoken or understood

2) DNA samples are being shipped regularly from the US

 

 

Tom

  • 3 months later...

Choices....

First choice:

NZ - Labour cost 1/3 versus USA, They speak English, the goverment might have incentives.

If you have to go for Asia:

Not my preference, but;

India - Labour is cheap, They speak English, they have a emerging Biotech industry.

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