- Personal Finance
Albino Laboratory Wistar Rat Investment Opportunity
An underutilised money-making opportunity lies in recent high demand for Laboratory animals in parts of the World inconceivable a few years back. Such lies with the unbelievable high demand for the Albino rats in African Universities and Polytechnics with almost no Laboratory Animal Farm or specialised places to cater for the ever expanding number of student research projects.
Considering the Albino Wistar Rat
Scientific research in Africa and other developing countries are still in the simple phase, as such, cannot be placed at par with what exist in developed countries. They are categorised as "low class research" that can be served with out-bred strains of Laboratory mice, where sampling can be from random population. And the Albino Wistar rat can be sufficient to meet this requirement.
The Albino Wistar rat is the most common type of Laboratory rat, belonging to the species Ratus norvegicus. It is a perfect reserve of all the qualities attributable to domestic rats which includes: tolerant of crowd, calmness, breed earlier, less likely to bite, and produce more Off-springs.
The rat can be fed with regular poultry feed and normal water. The cage do not require a complex construction. All that is needed is a feeding bottle-like source of drinking water, a feeding trough, and an aerated environment.
You can also consider combining Vermiculture with breeding Laboratory Wistar Rat to manage the feces and generate more income, as portrayed in:
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Essentials of Laboratory animal practice
In the developed countries, breeding Laboratory animals is a very serious business that requires staff qualification and control as enshrined in the laboratory animal policies. Laboratory animal scientists are responsible for handling and breeding Laboratory animalss. Animals must meet specific quality standard, and must be transported by special means. And such animal must be certified by responsible directors. There exist lab personnel called the laboratory animal scientist who must have passed through Laboratory animal science program.
The Market Opportunity
The rest of the World might not be aware that a country like Nigeria has over two hundred Institutes of Higher learning with every state having at least one University in a country of thirty six states and a federal capital territory. The scope of learning spans from Science through Agriculture to Medicine. But there is no iota of organised Lab animals supply, except that some departments in certain Institutes takes to rearing some few amount which are limited to the use of lecturers.
In seasonal perspective, large quantities of this animal is needed annually to serve student research in final graduate project or in post graduate that usually takes place in different time of the year. Non-seasonal use are in the case of demonstration in medical laboratories, dissection in secondary schools, or routine experimentation in research institutes. And all amounts to millions of rats in a period of one year. But the good news is that, private farm lab animal breeding do not exist.
An opportunity also exist in job creation and new carrier where Laboratory animal Scientists will be needed to drive the process. A potential Entrepreneur may also consider a carrier in this field before moving to actual business.
Source of the business opportunity
Travelling back in time, in the year 2005, I remember how difficult it was to secure Albino rat specimen for my research. We had to travel long distance to find the only place where the rats were bred in quantities beyond the amount needed for immediate research. It was in a research Institute.
We were researching on Hepatotoxicity. The mass of the required specimen was within the range of 200g to 250g of Albino rat. But the Institute could only offer some very big rats of random mass that ranged from 420g to 475g. We thought the set-backs were limited to their horrific eyes and rough faces, but we were soon to be confronted by other factors.
We had to transport them via public transport where passengers were complaining bitterly of emanating horrific odour in the bus. Though we were spraying perfumes close to the cage at interval of time, the odour got mixed up with the scent of the perfume to form an unbearable foul-smelling product. But it did not stop at that!
We began to notice high aggression. They were always fighting! Then, cannibalism! Any one that got injured during the process of fighting, or smaller in size than the others, or showed some signs of weakness; was soon eaten up by the others. Allowing the animals to stabilise for some days after a long journey, was defeated by the war in the cage and the possibility of eventually losing our scarce specimen as at least one was vanishing everyday.
Eventually, we were able to demonstrate the experiment. But the errors associated with sourcing for the main specimen cannot be separated from the result. And those errors remains after six years. Those errors are a Business opportunity for a sharp mind.