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2013 Bio Convention Provides Springboard For Malaysian Biotech
Date:4/23/2013

duce significant incentives and programmes focusing on key growth sectors for the country, such as the BioNexus programme for biotechnology. The biotechnology industry is expected to contribute approximately 4.0 % of national GDP by 2015 and 5.0% by 2020.

In recent years, Malaysia has gained the attention of international audiences as a country offering endless possibilities to investors, tourists and talent alike. It has received international recognition for its increasingly facilitative environment where most recently, Malaysia came in 12th in the World Bank's global rankings in the Ease of Doing Business Report 2013 and is the 8th most competitive country in Asia Pacific (and 25th in the world) in the WEF Competitiveness Report 2012.

About BiotechCorp

BiotechCorp is the lead development agency for the biotech industry in Malaysia and acts as a central contact point providing support, facilitation and advisory services for biotech and life sciences companies in Malaysia.

Since its establishment in 2005, BiotechCorp has played a key role in building the biotech industry in Malaysia. To date, BiotechCorp has facilitated the development of 220 BioNexus-status companies in Malaysia with total approved investment of RM 2.98 billion.

BioNexus-status companies are international and Malaysian biotech companies that qualify for fiscal incentives, grants and guarantees administered by BiotechCorp. For further details, visit www.biotechcorp.com.my.

Bioeconomy Transformation Programme (BTP) is a platform provided by the Malaysian government for the private sector to channel and maximise commercial opportunities in bio-based industries. The BTP is designed as a Transfor
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SOURCE BiotechCorp
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