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Bioanalytical consolidation to reduce annual costs by $2 million
March 2, 2012
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
Bioanalytical Systems, Inc. (BASi) has announced plans to restructure its bioanalytical laboratory operations, a move expected to reduce operating costs by more than $2 million annually. BASi will consolidate its laboratory in McMinnville, OR into its 117,000-sq.-ft. headquarters facility in West Lafayette, IN. Additionally, the company is evaluating actions to improve the financial performance of its laboratory in Warwickshire, UK. The company expects to record a charge of approximately $1.9 m...
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