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Biotechcorp Drives Commercialisation Of Malaysia's Biotech Sector


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KUALA LUMPUR, June 20 (Bernama) -- Malaysian Biotechnology Corp (BiotechCorp) is spearheading the commercialisation of Malaysia's biotechnology sector through a series of agreements and memorandum of collaborations.
 
The latest is a clutch of five collaborations between global and local biotechnology partners at the BIO International Convention 2012 in Boston, Massachusetts, which began today.
 
It includes the exchange of a collaboration instrument worth RM1.65 billion between the Terengganu state government, BiotechCorp, the East Coast Economic Region Development Centre (ECERDC) and GEVO Inc to facilitate investment in a Bio Polymer.
 
Minister of Science, Technology and Innovation Datuk Seri Dr Maximus Ongkili in a statement applauded BiotechCorp for its continued initiatives towards partnerships and collaborations on a global scale.
 
"This is moreso in the light of the current economic times with its unique challenges and change.
 
Source: BERNAMA


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