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The Manipal Education Malaysia (MEM) and Biocon Sdn Bhd, Malaysia, a wholly-owned subsidiary of Biocon Ltd have entered into a memorandum of understanding to collaborate for the development of human capital for the biotechnology industry in Malaysia.
The MoU outlines the creation of an internship programme and graduate employment programme for the admission of Manipal International University’s (MIU) students and graduates to Biocon’s Malaysia facility for training and employment.
Through the MoU, MIU and Biocon will also collaborate in the development of specialised training and skills enhancement to ensure that graduates from relevant disciplines are equipped and ready for entry into Biocon Malaysia. The MoU provides for MEM to conduct employee training programmes at Biocon Malaysia facility.
Biocon is developing its manufacturing and R&D facility in Iskandar Malaysia, Johor with an investment of over RM500 million ($164 million), which will be operational in 2014.
MEM provides a suite of education facilities and services. Its flagship project is the Manipal International University (MIU). MIU’s interim campus is in Kelana Jaya whilst its 140-acre campus costing over RM650 million ($214.25 million) is being developed in Nilai, Negeri Sembilan. The Nilai campus will be operational by end of this year.