BioSingapore forms tie-up with Iskandar Malaysia bio-park
BioSingapore is partnering Malaysian Bio-XCell Sdn Bhd – a joint venture between Malaysian BiotechCorp and UEM Sunrise Bhd – to promote cross-border alliances. The move could see Singapore biomanufacturing and life sciences companies set up shop in Malaysia’s first biotechnology park, Bio-XCell.
The collaboration proposal between the two entities, to be signed on Wednesday at the Bio-XCell Business Partnering and Open Day, will focus on the following specific initiatives: promotion of cross- border alliances between the life sciences and biomanufacturing communities in Bio-XCell and Singapore; facilitation and assistance in business expansion opportunities between clients/partners of Bio- XCell and members of BioSingapore; and promotion of biotechnology industry-related activities and events, including networking and training sessions, to clients/partners of Bio- XCell and members of Bio- Singapore as well as to relevant third parties.
According to BioSingapore chairman Simranjit Singh, the collaboration will achieve great synergy for companies on both sides and by working together, the biotech sectors of Singapore and Malaysia could propel their industries to greater heights.
–Business Times Singapore 21 Oct 2013-