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NewsHealth Minister unveils 7 medical devices projects, RM17.1b revenue
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Health Minister unveils 7 medical devices projects, RM17.1b revenue
by hlk Thu 29 Sep 2011, 18:35
KUALA LUMPUR: Health Minister Datuk Seri Liow Tiong Lai unveiled seven new medical devices related Entry Point Projects (EPPs) which are expected to generate RM17.1 billion in revenue.
A statement from Pemandu on Thursday, Sept 29 said the new EPPs were expected to contribute to RM 11.4 billion in gross national income (GNI) and create 86,000 jobs by the year 2020.
The seven new EPPs are:
1) Tap into the fast-growing In-Vitro Diagnostics (IVD) market through academic-industry partnerships
2) Create next generation of single-use devices (SUD)
3) Build hub for high-value medical device contract manufacturing
4) Create Malaysian clinical devices champions
5) Orchestrate contract manufacturing supply chain
6) Medical equipment refurbishment hub
7) Build medical hardware and furniture cluster
A statement from Pemandu on Thursday, Sept 29 said the new EPPs were expected to contribute to RM 11.4 billion in gross national income (GNI) and create 86,000 jobs by the year 2020.
The seven new EPPs are:
1) Tap into the fast-growing In-Vitro Diagnostics (IVD) market through academic-industry partnerships
2) Create next generation of single-use devices (SUD)
3) Build hub for high-value medical device contract manufacturing
4) Create Malaysian clinical devices champions
5) Orchestrate contract manufacturing supply chain
6) Medical equipment refurbishment hub
7) Build medical hardware and furniture cluster
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