Industry News

BiotechCorp at BIO Chicago 2013: Aimed to Reveal the Growth Areas of the Bio-based Industry

Published on 2013-06-24. Author : SpecialChem

KUALA LUMPUR -- Malaysian Biotechnology Corporation (BiotechCorp), one of the lead development agencies for the biotechnology industry in Malaysia, continued its international profiling in BIO International Convention - BIO Chicago 2013. Hosted by the Biotechnology Industry Organization (BIO), the Convention was held from 22 - 25 April in McCormick Place, Chicago, Illinois. The global event for biotechnology was acknowledged in providing a strong pipeline of investment flows into Malaysia.

Through this 9th participation in the BIO International Conference and Exhibition, BiotechCorp aimed to drive the bioeconomic growth by stretching the global bands of networking and unlocking potential growth areas with the United States of America and other international counterparts.

"In full support of the Bioeconomy Transformation Program and in continuously helping Malaysia gain visibility in the bio-based sphere, the nation's development bodies such as Malaysian Investment Development Authority (MIDA), Northern Corridor Implementation Authority (NCIA), Invest KL, East Coast Economic Region Development Council (ECERDC), Bio-XCell together with the Ministry of Science, Technology, and Innovation (MOSTI), will be alongside BiotechCorp as part of the Malaysian delegation to this global platform. We have realized the potential return from coordinating efforts with these investment bodies for global events as this will help stimulate an ecosystem that offers growth opportunities and value, for us and our stakeholders," commented Chief Operating Officer of BiotechCorp, Dato' Dr.Mohd Nazlee Kamal.

"This well-established convention has always been a strategic platform for Malaysia to showcase and tell the world what we have to offer considering the advantages that we have being within the Asia Pacific region. Our bioeconomy efforts will be highlighted further at BIO Chicago 2013 and we hope to gain many potential and significant movements in communication, development programs, and collaboration with global parties," added Dato' Nazlee.

The Malaysian delegation was led by YBhg Professor Datin Paduka Dr. Khatijah bt Mohd Yusoff who was scheduled to officiate the Malaysian Pavilion on April 22nd 2013. The event was also a platform for announcing document exchanges and collaborations between Malaysian biotech companies and global counterparts from US and India, enhancing Malaysia's edge in the space of BioMedical.

"The collaborations that will be announced during BIO Chicago are crucial in presenting the support we have got in delivering the bioeconomy growth, especially for our bio-based industry," added Dato' Nazlee.

Featured also in the program was a networking event, 'Malaysia Night', hosted by BiotechCorp to generate greater interaction between Malaysian representatives, BIO members, the Chicago business communities, and individuals from global bio-based companies.

The BIO International Convention is one of the world's largest gatherings of biotechnology professional, business leaders, scientists and policy makers and is expected to draw over 16,500 attendees with 1,700 exhibiting companies from 65 countries.

About BiotechCorp

BiotechCorp, an agency under the purview of Ministry of Science, Technology and Innovation (MOSTI), is owned by the Minister of Finance Incorporated & Federal Lands Commissioner, governed by the Biotechnology Implementation Council and devised by the Biotechnology International Advisory Panel, both chaired by the Honorable Prime Minister of Malaysia.

BiotechCorp is responsible for executing the objectives of the National Biotechnology Policy (NBP) and acts to identify value propositions in both R&D and commerce and to support these ventures via financial assistance and developmental services.

Source: BiotechCorp

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