KUALA LUMPUR: DXN Holdings Bhd has entered into a memorandum of understanding (MoA) with the Malaysia Holistic and Herbal Organisation (MHHO) to explore a collaboration with an aim to establish an integrative medicine facility.
In a filing with Bursa Malaysia, the manufacturer of health food supplements said the proposed facility would offer integrative traditional and complementary services by incorporating traditional, complementary medicine, and indigenous medicine with modern medicine.
Under the agreement, the parties will also establish a research centre for the development of herbal products and collaborate with appropriate organisations to establish centres of excellence and higher learning for traditional and intergrative traditional medicine.
"The parties' general understanding is that the 'Integrative Medicine Facility' will be established, operated and managed by MHHO and financed by DXN," it said.