Manipal Education Malaysia (MEM) and Biocon-Malaysia, a wholly owned subsidiary of Biocon Ltd, have entered into a memorandum of understanding (MoU) to collaborate for the development of human capital for the biotechnology industry in Malaysia.
MEM provides a suite of education facilities and services. Its flagship project is the Manipal International University (MIU).
MIU’s interim campus is in Kelana Jaya, while its 140-acre campus, costing over RM650 million is being developed in Nilai, Negeri Sembilan. The Nilai campus will be operational by the end of this year.
Biocon is developing its manufacturing and R&D facility in Iskandar Malaysia, Johor with an investment of over RM500 million, which will be operational in 2014.
The MoU was signed by Datuk Iskandar Mizal Mahmood, Managing Director and CEO of Manipal Education Malaysia, and Kiran Mazumdar-Shaw, Founder, Chairman and Managing Director of Biocon, during a ceremony held at MIU’s Kelana Jaya campus.
anil.u@thehindu.co.in