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Why
Outsource to Thailand?
The
next wave of outsourcing in biotechnology, with firms short of staff in
the U.S. and plentiful, cheap and well-trained technicians in several
Asian destinations. India and China are the giants of the field,
and
like them thailand offers skilled technicians and research assistants
at a quarter or less of U.S. salaries combined with access to low-cost
equipment and facilities. Thailand has several advantages
over its
larger competitors, however, in that Thailand hasn't received much
biotech invest to date and as a result has a large surplus of biotech
graduates, compared to Bangalore where headhunting is common and
turnover among biotech firms approaches 25% annually. Thailand
also
has much better infrastructure than China or India, from basic
utilities to internet access. combined with generous tax
incentives
for new firms (8 years automatic total tax holiday, extendable to 5
years) and strong support from the Thai government, U.S. biotechs can
realize massive cost savings while establishing a new outpost to
service China, India and Japan as well as their home U.S. and E.U.
markets.
Delphi
Health Services provides a turn-key solution for western firms seeking
to establish a facility in Thailand. Our staff arranges all
renovations or construction for your new facility, interviews and hires
staff, orders and imports equipment, sets up your computer system with
video conferencing to your U.S. Offices, clears all permits, legal and
accounting issues and deals with any other bureaucratic or cultural
barriers you may face. You provide us with detailed
specifications, and we do the rest.
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Why
Outsource to Thailand?
-
Plentiful
technical staff
- Technician
wages starting at $550 a month (Master's Degree with 1 year experience)
- Inexpensive
Facilities
- Import
equipment from China with no tariff
- FTAs and open
access to China, Japan, ASEAN and India
- 8 year minimum
complete tax holiday
- Extendable tax
holiday to 5 years
- ISO or cGMP
Certification Available
- Strong water
and power
- Fast and
reasonable Internet links
- Good
connections for international flights
- Excellent
location to visit for work and a vacation
- Strong
intellectual property protections compared to India and China
- No staff
shortages or headhunting
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