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That wouldn't slow down a self-respecting multi-billionaire, though, would it? Couldn't you just set up your lab in Malaysia / Brazil / Belarus? You don't even need a country without regulations against your research direction, just one that doesn't (consistently) enforce any such laws...

Or just create your own country. Failing that, there's always international waters. Bonus points if the lab is underwater.

Edit: Hah! http://www.dailymail.co.uk/sciencetech/article-2568744/Float...

ANVISA (Brazilian equivalent of the FDA) has more regulations than FDA for most subjects.

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