KUALA LUMPUR: Malaysian Biotechnology Corp (BiotechCorp), the lead agency for developing the country's biotechnology industry, is seeking an allocation from the Government to provide venture capital funding to BioNexus-status companies.
Newly-appointed chief executive officer Datuk Dr Mohd Nazlee Kamal said there was currently a lack of financial resources to take companies from the proof-of-concept stage to commercialisation.
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