OSANG Healthcare Co., Ltd. and Nexus Dx, Inc., Initiated Partnership for US Manufacturing of GeneFinder(R) COVID-19 Plus RealAmp Kit

URLhttps://finance.yahoo.com/news/osang-healthcare-co
Sourceyahoo!finance
Date Published12/21/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name OSANG Healthcare Co., Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Country(ies) from which reshored:Korea, Republic of
City reshored to:San Diego
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredGeneFinder(R) COVID-19 Plus RealAmp Kit, flu test
What domestic positive factors made reshoring more attractive?Higher productivity, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Other, essential product supply, Covid-19
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