How
to obtain the BioNexus Status - Application and approval
process
Step 1 : Pre Application
A Company interested to apply for the BioNexus Status is encouraged to contact BiotechCorp to discuss on the proposed biotechnology businesses and activities. At this stage, the Company can get clarification on the BioNexus eligibility criteria, as well as associated benefits and incentives.
The Company is required to complete the Pre-Application Form (online or hardcopy) to register interest.
The Company will be assigned an Account Manager from Biotech
Corp, who will advise and guide the Company on the application
process.
Step 2 : Internal Assessment
The Company commences the application process by completing the BioNexus Status Application Form (to be provided by the Account Manager), and submitting its biotechnology/life sciences business plan, financial projections and other relevant documents.
Step 3 : Formal Application
Upon complete submission and a RM2,000 application
fee in the form of a bank draft payable to Malaysian
Biotechnology Corporation Sdn Bhd, the Company will
be provided with a Letter of Acceptance.
Once the Letter of Acceptance has been issued, the
application will be reviewed and evaluated, following
which presentation will be made to the BioNexus Approval
Committee.
Step 4 : Approval
An approval is only given after the relevant ministries
agree to the recommendation made by the BioNexus Evaluation
Committee.
If the application is approved for the BioNexus Status,
the Company will receive the BioNexus Status Approval
Letter; whilst the unsuccessful Company will receive
a notice on the rejection of its application and the
Company’s bank draft will returned.
Step 5 : Post Approval
Issuance of BioNexus Status certificate.
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