BOSTON: A record number of 11 memoranda of understanding (MoUs) will be signed at the BIO International Convention, Malaysia’s fourth outing.
The MOUs will be inked between Malaysian biotech companies and their foreign counterparts throughout the four-day convention, which starts Sunday.
“We will be mindful that these MoUs should be followed through so that they will lead to jobs and other business opportunities,” Science, Technology and Innovation Minister Datuk Seri Dr Jamaluddin Jarjis said here.
Deputy Prime Minister Datuk Seri Najib Tun Razak will witness the MoU signings, besides opening the Malaysia Pavilion on Monday. There will be 14 Malaysian exhibitors and 320 participants, a 100% increase from the 150 in the previous year.
BIO is the world’s biggest biotechnology organisation and the annual convention is attended by policymakers, scientists and CEOs.
The convention will see, among others, actor Michael J. Fox speaking on the need for better treatment for sufferers of Parkinson’s disease, while Queen Noor of Jordan will touch on the impact of biotechnology on health in the keynote address on Tuesday.