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Market Updates

Agreement Focuses on Malaysia’s Biodiversity

Dortmund, Germany-based InterMed Discovery (IMD) and Biotropics Malaysia Berhad, Kuala Lumpur, have entered a long-term strategic agreement to investigate and commercialize products derived from Malaysia’s 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 rich resources of Malaysia. IMD will contribute its expertise and technology platform for the discovery of natural products in order to build a proprietary portfolio of potential products derived from naturally sourced materials. Biotropics will further develop these candidates into premium products for world markets.

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