CHICAGO, April 23, 2013 /PRNewswire/ -- Malaysia, being one of the most competitive biotechnology hubs in Asia, recently showcased its potential to be the future global hub for the bio-based economy at the annual BIO International Convention 2013 (BIO). The Malaysian Biotechnology Corporation (BiotechCorp) together with Ministry of Science, Technology and Innovation (MOSTI) led the Malaysian delegation in presenting the endless possibilities within the Malaysian biotech industry that are available to international investors and industry talent.
Under the purview of MOSTI, BiotechCorp is the lead development agency for the biotechnology industry in Malaysia. It acts as a central contact point in providing support, facilitation and advisory services for biotech and life sciences companies in the country.
Commenting on the country's presence at BIO, Dato' Dr Mohd Nazlee Kamal , CEO of BiotechCorp said, "The BIO Convention is an ideal international platform to promote Malaysia as the country of choice in investment and strategic collaboration in biotechnology, and we have an exciting agenda lined up to speak to various investors and companies. I am confident that they will find Malaysia an attractive place to capture global opportunities, particularly in the high-growth fields of bioeconomy and biomedical."
Malaysia provides investors with sound infrastructure, a solid history in medical device and diagnostics manufacturing, a well regulated pharmaceutical industry and the availability of GMP certified manufacturing facilities. The country provides the perfect environment for companies to realize their biotechnology potential, being 2nd of three countries that are members of the Pharmaceutical Inspection Co-operation Scheme (PIC/S), 2nd
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