Shoring up medical security

TheStar Mon, Oct 29, 2018 09:07am - 5 years View Original


Public service: Rahman says IBVs business efforts will help the country with medical security.

Public service: Rahman says IBVs business efforts will help the country with medical security.

Company eyeing growth prospects in the region amidst international tie-ups

NOT many in the pharmaceutical industry are looking at biosimilar medicine, but it is an area that Inno Bio Ventures Sdn Bhd (IBV) chairman Tan Sri Abdul Rahman Mamat intends to build the company on.

“One thing about the biosimilar sector is that the developmental costs are very high and the private sector is not willing to put money into the development cost which would cover research and development (R&D),” says Rahman.

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