The company says it is the only Indian company to have a research center on Prince Edward Island.
In March, ingredients developer OmniActive Health Technologies (Morristown, NJ) broke ground on an advanced research and development center on Prince Edward Island in Canada. The company says it is the only Indian company to have a research center on the island.
OmniActive says it chose the site, located at the Biocommons Research Park in Charlottetown, because of “highly competitive business costs for investor companies, a positive tax environment, labor rebates, as well as an overall excellent business environment.”
“[Prince Edward Island] provides a supportive business environment with an excellent base for innovative and collaborative research; therefore it, was a good fit for our first overseas R&D center, with close proximity to North America and European markets,” said Sanjaya Mariwala, OmniActive’s managing director, in a press release.