Biocon to invest $ 161mn in Malaysia for research and development.

Biocon one of the leading company in Biotechnology lead by Kiran Muzumdar and listed in Frobes as the best under $1 bn company is planning to invest in Malaysia for setting up a bio manufacturing and research and development facility. In this way it is creating the history that it is now able to called as the biggest investment in the form of FDI. The documents were exchanged between the two prime ministers. Do u think that such a huge mobilization of the resources will help to notch up higher rankings?

Biocon’s strategic investment in Malaysia will propel our industry to next level. It will be a catalyst in our commercialisation efforts as we enter phase 2 of our National Biotechnology Policy

Malaysia is a compelling global destination for biotechnology, backed with world-class infrastructure and attractive tax incentives. Investing in Malaysia provides biocon with an international location with strategic geographical proximity to India. Biocon is pleased to be an early mover in this emerging opportunity