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InterMed Discovery (IMD) and Biotropics Malaysia Berhad have entered a long-term strategic collaboration agreement where the two will investigate and commercialize 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 biodiversity-rich resources of Malaysia. IMD will contribute its 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 premium products for the world markets resulting in a mutually beneficial value generation for both companies. IMD finds Malaysia to be one of the most biodiverse countries and economically dynamic regions in the world. For more information, visit www.intermed-discovery.com.