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Laboratory Industry Report

New Cancer Lab to Open in the Bahamas
December 2006

Insight Medical Group (Oxford, MS) plans to establish a cancer diagnostics laboratory in the city of Freeport on Grand Bahama Island. The location will enable the company to escape the high taxes and heavy regulatory environment of the United States, according to Anthony Welch, chairman of Modern Technology Corp. (MTC; Oxford, MS), the development and acquisition company that owns Insight. MTC is now looking to hire a "highly respected medical professional prominent in the pathology and diagnostics community" for a senior marketing position within the company.

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