Updated on 29 October 2013
Mr Simranjit Singh, chairman, BioSingapore, said, "Both Malaysia and Singapore have put great emphasis on developing the Biomedical sciences industry as the next economic growth engine. The establishment of BioXCell in Iskandar and the world class infrastructure found in Singapore such as Biopolis and the Tuas Biomedical Park can serve as a nexus for Biomedical sciences companies to grow and thrive in this region."
He further said, "Singapore's core strengths of R&D, technical services and intellectual property management coupled with Malaysia's focus on biomanufacturing and logistics could be a potent combination for Biomedical companies. I do believe that this represents an excellent opportunity to replicate the successful model of the Medicon Valley (Denmark & Sweden) in Iskandar and Singapore. BioSingapore aims to partner with BioXCell to encourage cross border alliances & business expansion opportunities for both Singaporean and Malaysian Biomedical companies."