BioNexus Status is a recognition awarded by the Malaysian Government, through BiotechCorp to qualified companies that participate in and undertake value-added biotechnology activities. BioNexus Status companies enjoy a set of incentives contained within the BioNexus Bill of Guarantees (“BOG”).
BioNexus Status companies also receive continuous support and assistance from BiotechCorp on immigration related matters, IP advisory and regulatory services and employment related matters.
BiotechCorp also provide a wide range of capacity building programs covering a variety of subject matter to assist biotechnology entrepreneurs in managing their business locally and internationally.
These privileges are:
* Freedom of ownership;
* Freedom to source funds globally;
* Freedom to bring in knowledge workers;
* Eligibility for competitive incentives and other assistance;
* Eligibility to receive assistance for international accreditation and standards;
* A strong intellectual property regime;
* Access to supportive information network linking research centres of excellence
* Access to shared laboratories and other related facilities
* BiotechCorp as the one-stop agency
