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Bernama, April 07, 2008

15 Malaysians For Stem Cell Training In India

KUALA LUMPUR, April 7 (Bernama) -- BioNexus-status company Stempeutics Research Malaysia will send its first batch of 15 Malaysian employees to Bangalore, India, this month to undergo hands-on wet lab and theory training on stem cells.

They will be trained under the Stem Cells Operational & Professional Excellence (SCOPE) programme to prepare them for the Stempeutics stem cell lab at Technology Park Malaysia which will be operational next month.

Malaysian Biotechnology Corporation (BiotechCorp) is the main supporter of the SCOPE programme which its chief executive officer Datuk Iskandar Mizal Mahmood described as a significant step forward for Malaysia in development of biotechnology industry.

"This is important Malaysia has been identified as a market with exciting potential in stem cell research and therapy, estimated at US$157 million with year-on-year growth of 12 percent," he said at a press conference after the launch of the SCOPE training programme here Monday.

Iskandar said the SCOPE programme by Stempeutics was part of talent creation in the field of stem cells with focus on cutting-edge research, therapeutics and therapy in the field of regenerative medicine.

"It is a significant step with multiple benefits -- enhancing foreign direct investment of up to RM20 million to Malaysia, a wealth of resource in international research and expertise, and expanding access and exposure for Malaysian talent in stem cell research," he said.

A subsidiary of India-based Manipal Education & Medical Group, Stempeutics was established to promote stem cell activities in Malaysia.

Stempeutics' president B.N. Manohar said while the first batch will undergo stem cell training in Bangalore, future batches will be trained at the Stempeutics facility in Kuala Lumpur.

"We are sure that this specialised training will help to create good talents in Malaysia in the area of biotechnology," he said.
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