BiotechCorp To offer $100M Venture Fund

Malaysian Biotechnology Corp.(BiotechCorp) will introduce a $100 million fund,Bernamareports. TheBio-Technology Venture Fundis aimed at expanding the country's biotech industry.

The fund, jointly administered byIntrasysandExoreus, will have BiotechCorp as corporate adviser. Biotech companies operating in Malaysia can tap the fund, which will be available next year.

Click here for the story fromBernama.