Nerdy Science Blog

Although Malaysa is lagged behind other countries in biotechnology sector, its growth is steadily increasing.

The Star:

KUALA LUMPUR: Malaysia’s stem cell research and therapy market is estimated to be worth US$157mil, said Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp) chief executive officer Datuk Iskandar Mizal Mahmood.

He said although the penetration rate for stem cell research and therapy was still small, the potential of the sector was huge, with year-on-year growth rate estimated at about 12%.

Under Stem Cells Operational & Professional Excellence (Scope) programme by Stempeutics Research Malaysia Sdn Bhd, 15 Malaysian employees were trained in India and will be working at the Stempeutics stem cell lab at Technology Park Malaysia next month.  The coming Scope programme will be held in Malaysia and the amount of trainee will be increase to 45 people.

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