KUALA LUMPUR: A Saudi vaccine manufacturer will invest more than RM138.2 million in the next three to five years to establish Malaysia’s first state-of-the-art vaccine manufacturing facility. AJ Biologics Sdn Bhd will build the factory on a 1.8ha plot in Bandar Enstek, Negri Sembilan. Selvam said AJ Biologics aimed to make Malaysia a serious player in the global vaccine market by fulfilling market needs in Asean and the Middle East. “This amount is sufficient to serve the Malaysian market as well as Asean and Middle East.”Selvam said there was a huge potential in Malaysia’s vaccine industry. “Developing the right capabilities through investing in technology, innovation, research and development, and strategic partnerships will place AJ Biologics and Malaysia in good stead to be a significant regional and global vaccine player.

Source: New Strait Times November 20, 2017 02:26 UTC