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Export revenue of biotech products set to hit RM2b next year


KUALA LUMPUR: Total export revenue of biotechnology products is expected to double to RM2 billion next year from RM1 billion this year.

Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp) chief executive officer Datuk Mohd Nazlee Kamal said 70% of the total export revenue would come from the wellness industry and the balance from food and other segments.

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