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BiotechCorp Annual Report 2007 - Malaysian Biotechnology ...

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• Science & Technology Park and<br />

Incubator Workshop<br />

A Science & Technology Park and<br />

Incubator Workshop was organised<br />

to benchmark <strong>Malaysian</strong> science &<br />

technology parks incubators against<br />

their international counterparts<br />

specific to facilities management and<br />

meeting the requirements of<br />

biotechnology and life sciences<br />

companies.<br />

• Technology Infrastructure Inter-<br />

national Benchmarking study<br />

This study was initiated to<br />

benchmark Malaysia internationally<br />

in the development and manage-<br />

ment of technology infrastructure.<br />

Good Laboratory Practice<br />

During the period under review, a<br />

key development in the implementation<br />

of GLP was achieved when<br />

<strong>BiotechCorp</strong>, in conjunction with the<br />

MOSTI and the Ministry of Health<br />

(MOH), finalised the arrangements for<br />

Malaysia’s participation in the OECD’s<br />

Principles for GLP. A key issue is for<br />

Malaysia to be ready for the OECD’s<br />

Mutual Acceptance of Data Scheme in<br />

order to establish a similar framework in<br />

Malaysia.<br />

Workshops for regulators and industry<br />

participants were held in 2006 and<br />

<strong>2007</strong> to prepare for the pending implementation<br />

of OECD principle for GLP.<br />

Initiatives in the pipeline include:<br />

• An accelerated programme for<br />

companies already positioned to take<br />

advantage of the market access<br />

opportunities presented by GLP<br />

accreditation. This will involve the<br />

funding of eligible companies to<br />

acquire GLP accreditation ahead of<br />

the framework implementation.<br />

• Specialised training for regulators<br />

through short courses or attachments<br />

with other established regulatory<br />

agencies in advanced jurisdictions.<br />

Commercialisation<br />

Efforts need to be further intensified in<br />

the commercialisation of IP.<br />

Other initiatives planned to address the<br />

issue of commercialisation include:<br />

• Further implementation of recommen-<br />

dations derived from the completed<br />

IP Benchmarking Study.<br />

• Continued collaboration with relevant<br />

Ministries and agencies to ensure<br />

clear identification of issues and<br />

coordination of activities for example<br />

MyIPO, MOSTI and the Ministry of<br />

Higher Education (MOHE).<br />

• Workshops and seminars on<br />

commercialisation topics catering<br />

specifically to the biotechnology<br />

sector.<br />

39

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