InterMed Discovery and Biotropics Malaysia Berhad enter long-term Strategic Collaboration Agreement
InterMed Discovery and Biotropics Malaysia Berhad announced a long-term Strategic Collaboration Agreement under which Biotropics will work with InterMed Discovery to investigate and commercialise products derived from Malaysia’s rich biodiversity and multicultural traditions. The two companies will seek to develop drugs, herbal medicines, nutritional supplements, functional foods, food ingredients, cosmetic ingredients, crop protection ingredients and other life sciences applications by exploring the extremely biodiversity-rich resources of Malaysia.
IMD will contribute its expertise and technology platform for the discovery of natural products in order to build a proprietary portfolio of promising product candidates derived from naturally sourced materials from Malaysia. Biotropics will further develop these candidates into products for the world markets resulting in a mutually beneficial value generation for both companies.
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