BOSTON: A record number of 11 memoranda of understanding (MoUs) will be signed at Malaysias fourth outing at the BIO International Convention.
The MOUs will be inked between Malaysian biotech companies and their foreign counterparts throughout the four-day convention, which starts today.
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 tomorrow.
There will be 14 Malaysian exhibitors and 320 participants, a 100% increase over the 150 participants in the previous year.
BIO is the worlds biggest biotechnology organisation and the annual convention is attended by policymakers, scientists and CEOs.
We are here to promote Malaysia as a biotech destination. Everybody else is here. We have to be on the biotech map, Dr Jamaluddin said.
He said Boston was regarded as a global biotech centre, with countless companies.
The convention will see, among others, actor Michael J. Fox speaking on the need for better treatment for sufferers of Parkinsons disease while Queen Noor of Jordan will touch on the impact of biotechnology on health in the keynote address on Tuesday.