Emerging Biotech Sector in Malaysia - 0 views
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Bharatbookbureau MarketReport on 17 Aug 11Malaysia has effectively witnessed an upsurge in the profitability and development of the domestic biotechnology industry. Malaysian biotech market has been growing at the double digit rate for the past few years on the back of factors, such as rich biodiversity, active participation by the government and private players, high investments, and technological up-gradation. According to our new research report "Emerging Biotech Sector in Malaysia", the biotech market in Malaysia reached to the mark of RM 663 Million (US$ 212 Million) in 2010 and is likely to grow at the CAGR of around 16% to reach RM 885 Million (US$ 283 Million) by 2012.