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Home > News > Where is Malaysiaís biotech industry heading?

December 4th, 2007

Where is Malaysiaís biotech industry heading?

Abstract:
In fact, under Budget 2008, there are incentives provided for the nurturing of the industry as well as RM236mil in funding.

The government, at federal and state levels, has provided the infrastructure, which included state-of-the-art labs, encouraged links between industry and research universities and set up agencies to facilitate investment or to act as resource centres.

The Science, Technology and Innovation Ministry also awards companies BioNexus status, which is the industry equivalent of Multimedia Super Corridor status.

At present there are over 40 companies with this status.

Source:
thestar.com.my

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