03 October 2017 | News
BioMalaysia & Asia Pacific Bioeconomy 2017 was jointly organized by the Ministry of Science, Technology and Innovation (MOSTI), Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation), an agency under the purview of MOSTI and MyEvents International.
Malaysia’s premier biotechnology event BioMalaysia & Asia Pacific Bioeconomy 2017 concluded its 15th edition on 11th-13th September, 2017 at the Kuala Lumpur Convention Centre. The 3-day event, packed with forums and exhibitions was officiated by the Secretary General of Science, Technology & Innovation (MOSTI), Datuk Seri Dr Mohd Azhar bin Yahaya on behalf of the MOSTI Minister, Datuk Panglima Wilfred Madius Tangau.
BioMalaysia & Asia Pacific Bioeconomy 2017 was jointly organized by the Ministry of Science, Technology and Innovation (MOSTI), Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation), an agency under the purview of MOSTI and MyEvents International.
New Technologies, Renewed Interest
Over the years, the event has become a platform for the birth of fresh ideas, practical solutions and effective collaborations for global and Malaysian biotechnology industry participants. Themed "Bioeconomy: Driving Growth and Prosperity of the Nation”, the biotechnology annual forums and exhibition attracted more than 6,000 visitors and featured discussion topics related to bioeconomy, bioplastics, bioagropreneur, biologics, funding and expansion of businesses to the global markets, as well as the way forward for bio-based industries for Asia Pacific. The BioMalaysia Exhibition saw the participation of 67 companies involving 120 exhibition booths.
“During BioMalaysia 2017, we saw potential trade and cooperation in various areas to benefit the society. 8 BioNexus companies unveiled 8 new products at our event. From the 286 BioNexus status companies, 37 companies have gone global. We would like to get as many companies as possible to venture out globally in terms of partnerships, building business-to-business relationships, and getting the products to those countries and vice versa. This is a way for Malaysia to improve our global competitiveness in the Asia Pacific region and this is the spirit we are looking to bring next year,” said Dr Mohd Shuhaizam Mohd Zain, Chief Executive Officer of Malaysian Bioeconomy Development Corporation during the wrap up press conference of BioMalaysia 2017.
BioMalaysia & Asia Pacific Bioeconomy showcased the latest technologies, innovation and products from major local, regional and international biotechnology companies. Occupying three halls, exhibitors came from United Kingdom, Australia, Korea, United States of America, Japan, Hong Kong, Taiwan, China, India, Vietnam, Thailand, Indonesia and other biotechnology-advanced countries. Biotechnology enthusiasts are guaranteed to be awed with refreshing and latest developments that signify the advancement of biotechnology industry.
Effective Platform for Partnerships and Collaborations
The forums showcased biotechnology experts who presented their findings, latest opportunities, business methods, market access and funding opportunities within the bio-based and biotechnology industry. Among the speakers at BioMalaysia 2017 were Datuk Seri Dr Mohd Azhar Haji Yahaya, Professor Tan Sri Zakri Abdul Hamid and Dr Mohd Shuhaizam Mohd Zain. Presentations were carried out during the 3-day event from RQuest Convergent, BioAlpha, Blubear Holdings & Melaka Biotech. The event fostered partnerships among industry players to establish stronger bioeconomy ties in the region, and served as a catalyst to position Malaysia as the prime bioeconomy and biotechnology center in the Asia Pacific region.
BioMalaysia has always been used as a platform to announce collaborations involving various industry participants. This year 3 significant collaborations involving 6 companies and organizations were made during the opening ceremony, which have the potential to boost the bioeconomy sectors in Malaysia. Among the strategic collaborations and partnership exchanged during the opening ceremony were with Rural Asset Group of Companies & Oudhcom LLC, University Putra Malaysia & Malaysian Vaccine & Pharmaceuticals Sdn Bhd and Algaetech & Watson Malaysia.
Sideline Events: Visitor Attractions Hits the Mark
In conjunction with BioMalaysia, several sideline events were held by Bioeconomy Corporation to strengthen the bioeconomy ecosystem and bio-entrepreneurial efforts in Malaysia, as well as to encourage the commercialization of local innovative bio-based products and increase human capital in the sector.