Updated on 8 June 2016
Mr. Ariff Ismail (left), executive director, Mediven receiving the award
Singapore: Malaysia's Mediven, a diagnostics company, has been awarded the Entrepreneurial Company of the Year 2016 in in-vitro Diagnostics for Infectious Diseases by Frost & Sullivan.
Mr. Ariff Ismail, Executive Director of Mediven, received the award at the 12th annual Malaysia Excellence Awards banquet held on April 14, 2016.
In a letter congratulating Mediven for achieving the award, Healthcare Practice Senior Vice President and Partner of Frost & Sullivan, Ms Rhenu Bhuller mentioned that Frost & Sullivan analysis revealed that Mediven is a leading provider of clinical diagnostics across the Malaysian landscape.
"Mediven is uniquely positioned above its competitors as it offers affordable, accurate, and rapid diagnostic tests that are customized for specific market regions", Ms Bhuller concluded, indicating some of the key measurement criteria used by her team for assessment.
Mr. Ismail said he is delighted that his young start-up company's efforts have been acknowledged. "This award demonstrates to the public, our staff, investors, and customers that our company is founded on strong fundamentals that are essential to grow in the highly competitive and quality conscious IVD segment" he added.