KUALA LUMPUR, Feb 4 (Bernama) — Malaysia’s pharmaceutical industry recorded RM397.67 million approved investment from January to September 2021, exceeding the highest fullyear figure approved in 2017. The sector also achieved astounding export figures for 2021, amounting to RM2.42 billion, a 24 percent increase from 2020.
YB Datuk Lim Ban Hong, Deputy Minister of International Trade and Industry (MITI), commended the industry’s outstanding performance during his industry visit to Biocon Sdn. Bhd. in Johor on 26 January 2022. “MITI has always attached great importance to the development of the pharmaceutical industry, particularly as we progress into the new norm with COVID-19. The increasing demand for medical and healthcare services has further driven the rapid development of the pharmaceutical industry.”
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