Malaysia supports the development of new scientific areas.
“Development of new scientific areas serves to move Malaysia up the global value chain,” the Prime Minister Datuk Seri Abdullah Ahmad Badawi said when opening the 3rd Kuala Lumpur International Conference on Biomedical Engineering here yesterday.
He said scientific discoveries have led to the spin-off of thousands of companies, creating value and high-skilled jobs in surrounding areas.
The fund is allocated for the next five years to kick-start business operations of BioNexus companies and other eligible biotechnology companies.
