Drug company’s new R&D facility set to become operational

Hovid’s bio-equivalence centre in Bayan Lepas, Penang, is expected to be up and running next year.

HOVID Bhd has set up a bio-equivalence (BE) studies centre at Bayan Lepas, Penang to enhance its pharmaceutical research and development.

A spokesman from Hovid said the RM15mil centre has already been built and is in the process of getting a licence from the National Pharmaceutical Control Bureau.