The New
Straits Times, 22 February 2008
9 more firms get
BioNexus status
NINE more biotechnology companies were accorded
BioNexus status last month bringing the total to 51,
said Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp)
chief executive officer Datuk Iskandar Mizal Mahmood.
Up until December 2007, there were 42 BioNexus
companies with investments totaling RM1 billion and
industry workforce of some 1,000 people, he told
reporters at the Malaysia Korea BioBusiness
Partnering Event 2008 held in Kuala Lumpur
yesterday. A BioNexus status is equivalent to a
Multimedia Super Corridor status where companies get
tax breaks and government grants for research.
BioNexus companies are mostly from the agribiotech
and healthcare sectors. |
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