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Article: Barbados Making Advances in Biotech and Life Sciences Sectors.
- Article from:
- PR Newswire
- Article date:
- April 19, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BRIDGETOWN, Barbados, April 19 /PRNewswire/ -- Barbados is emerging as an attractive location for startup and expanding life sciences, biotech and pharmaceutical companies. Low manufacturing costs, skilled labor, cost- competitive support services and close proximity to U.S. and European markets are driving biotech business to Barbados.
"We believe that Barbados is ideal for our market niche because the cost of labor makes it more productive to manufacture here, compared to our competitors who are located in California, Texas and Europe," said Ian Hickling, president of Lenstec (Barbados) Inc. "The high level of education and excellent customer relations skills ...