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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Why Have the Fine and Specialty Chemical Sectors Been Moving from Developed Countries?
10:05 AM MST | February 9, 2009 | Blog by Girish Malhotra
Blog by Girish Malhotra
I am sure we all have been wondering about the shift. I have my own rationale, potential solution and would like to share. I believe there are opportunities to innovate and we can capitalize on them. I speculate and believe the industry moved for combination of the following reasons. 1. Environmental laws 2. Health and Safety laws 3. Significantly lower labor costs in the third world countries...
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