| BUSINESS STRATEGY |
major reason his firm recently set up a new facility in Hyderabad is the low wages for skilled workers. "We can get top-notch chemists, but the cost is much less. "In contract research, 90% is labor, and labor is one-quarter cheaper in India." The quality of the chemists in India is equal to that of U.S. chemists. , and equipment is readily available. The drawback to conducting contract research there is time: Unusual reagents and compounds developed for customers have to be shipped back and forth, a process that can take a week or more, versus just a day from the North Carolina lab
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