Malaysian
Biotechnology Corporation (BiotechCorp)
BiotechCorp is an agency under the purview of Ministry
of Science, Technology and Innovation and is wholly-owned
by the Ministry of Finance Incorporated. BiotechCorp
is governed by the Biotechnology Implementation Council
and advised by the Biotechnology International Advisory
Panel, both chaired by the honorable Prime Minister
of Malaysia, YAB Dato’ Seri Abdullah Hj. Ahmad
Badawi.
The objective of the establishment of BiotechCorp amongst
others is to identify value propositions in both R&D
and commerce and support these ventures via financial
assistance and developmental services.
BiotechCorp’s key mandates are as follows:
- Act as a one-stop-centre
- Nurture and accelerate growth of Malaysian biotechnology
companies
- Create conducive environment for biotechnology
- Actively promote foreign direct investments in
biotechnology
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