Nerdy Science Blog

Research and Markets - Scrip Yearbook 2008: 24th edition:

Scrips annual review of the year, Scrip Yearbook 2008 is your guide to all the key facts, events and issues of the last 12 months from across the pharmaceutical and biotechnology industries.Collected and organised from coverage in Scrip World Pharmaceutical News, the respected source of biopharmaceutical industry news, this new updated report provides a complete and concise tool, covering all levels of the industry and recent developments.

Scrip Yearbook 2008 will help you to:
- Identify which significant mergers and acquisitions were completed
- Analyse the strategic and financial performance of your competitors
- Track the latest clinical developments and key product launches across all therapeutic areas
- Review the latest industry regulations imposed on the industry
- Gain insight from leading industry analysts and commentary from senior editors
- Keep abreast of global healthcare initiatives and market movements

Malaysia announced its 2008 budget today, and I copy the budget that I concerns from the 2008 budget speech.

Biotechnology Sector
41. In the context of supporting private sector initiatives in the biotechnology industry, the Government will continue to provide infrastructure and technological facilities. For this purpose, a sum of RM236 million is provided in the 2008 Budget. Among the projects are the acquisition of technology, development of biodiversity research centre and biotechnology commercialisation centre as well as anti-cancer compound research. To encourage cooperation between biotechnology companies and local universities, Bionexus status companies will be allowed to use the laboratories and research facilities at local universities, thereby optimising the capacity of research laboratories and facilities at local universities.

Although Malaysia aims to be a strong and advanced biotechnology centre, but it’s still far more behind from other countries, especially its regional competitor, Singapore. RM236 million is equivalent to USD 67 million.