Updated on 29 October 2013
Mr Rizatuddin Ramli, CEO, Malaysian BioXCell (L) and Mr Simranjit Singh, chairman, BioSingapore (R) sign MoU to foster biotechnology growth in Malaysia and Singapore
Singapore: Malaysia-based biotech park Bio-XCell and Singapore's biotech association, BioSingapore, have collaborated to spearhead the biotechnology industry's development by promoting cross-border alliances between life sciences and biomanufacturing communities in Iskanadar, Johor and Singapore.
The inaugural collaboration will explore how Bio-XCell and its clients, and BioSingapore members can derive benefits from each other. For example Bio-XCell and its clients can benefit from the technical and professional services provided by BioSingapore members and BioSingapore members can take advantage of the benefits provided by locating themselves at Bio-XCell.
The collaboration would promote both location and its merits in relation to the biotech industry to their respective members, contacts and databases.
Mr Rizatuddin Ramli, CEO, Malaysian BioXCell, said, "Bio-XCell is pioneering in catalyzing an integrated ecosystem and this connection with BioSingapore would leverage on each other's expertise to develop innovative biotechnology products by Asians for Asians, before setting to global markets. We aim to foster a holistic ecosystem for the creation of prodigious businesses from good sciences.
He further said, "In our continuous effort to pave the way forward in creating a sustainable ecosystem, we will continue to connect and leverage with key biotechnology industry players to be a key benefit for our clients and partners to populate further and enhance a conducive value-chain and networks for biotechnology in ASEAN ".