The recent announcement of a new partnership between Malaysia’s BiotechCorp and Quintiles East Asia branch this past month is further evidence of Malaysia’s promising biotech industry. US-based biopharma services company Quintiles is collaborating with the Malaysia’s leading biotech development agency, Biotechnology Corporation (BiotechCorp), as part of BiotechCorp’s efforts to expand their scope into the country’s clinical research sector. The merger is expected to bring a new level of interest to Malaysia’s already flourishing clinical research industry.
Among other things, the agreement between the two companies includes establishing a training program for clinical research, stem cell research, and vaccines in the Malaysian branch. Moreover, in conjunction with government support, BiotechCorp wants to address Malaysia’s public health needs. Finally, the merger is expected to help improve infrastructure as well as bring greater expertise, in order to raise the country’s clinical research capabilities. Quintiles, first opened offices in the Asia Pacific region in 1993. Then, in July 2010, the company formed a partnership with the University of Malaysia as an initial effort to strengthen the country’s clinical research infrastructure by collaborating with large medical institutions involved in clinical research.
Analysts predict that Malaysia’s biotech industry has enormous potential, and therefore we will be seeing greater collaboration between Western and Malaysia companies, especially in the clinical research sector.
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