Hyderabad: Telangana State Industrial Infrastructure Corp. (TSIIC) exchanged an MoU with the Malaysian state of Selangor for facilitating a partnership in life sciences sector at the BioAsia Summit in Hyderabad on Thursday.
Through this MoU, both the governments can cooperate and collaborate with each other to support promotion, facilitation of research in the field of life sciences, biotechnology, healthcare and medical devices.
Speaking on the occasion, Central Spectrum SDB Bhd CEO Dato Mahmud Abbas said, “Through this MoU, we will cover strategic elements and do mature promotions of Selangor and Telangana. Additionally, we are offering a seat to Telangana to be part of Selangor council member.”
As part of the agreement, Telangana and Selangor Bio Bay will promote each other as possible hubs in the areas of preclinical and clinical research, pharmaceutical regulations, device development, manufacturing practices, commercialisation among others.
