Making Malaysia a global leader in biopharma industry

THE Science, Technology and Innovation Ministry (Mosti) recently announced ambitious plans to generate RM400mil within the next three years through sales of locally-produced biotechnology products from natural resources in Malaysia.

While this highlights the growth potential of the sector, we must think even bigger and beyond agro-based biotechnology products. The global biopharmaceutical market is booming, and Malaysia, with its existing strengths in pharmaceutical manufacturing, is well positioned to become a leader in biopharmaceutical products – if we are willing to make the necessary investments.