MTDC to continue investing in successful Bioalpha
DUNGUN: Malaysia Technology Development Corp (MTDC) will continue to invest in health supplement manufacturer Bioalpha Holdings Bhd as the company has successfully penetrated local and Asian markets.
MTDC chief executive officer Datuk Norhalim Yunus said this would be part of the mediumterm plan for Bioalpha, which was growing its business through research and development (R&D) related to food technology and marketing, and providing jobs at its newly-opened Pasir Raja Integrated Herbal Park.
“We will continue to support the company’s growth as it is expanding not only locally but also in Indonesia and China.
“We are also investing because it provides job opportunities, especially for the people of Pasir Raja, and develops technologies and products that can compete in international markets,” he said after the opening of the Pasir Raja Integrated Herbal Park, here, recently.
Bioalpha managing director William Hon said the company was conducting R&D to penetrate the European and United States market after successfully entering Indonesia and China.
“Apart from sales promotions at exhibitions, we are also performing clinical tests and gathering data to prove to European and US companies that our herbs work.
“We are carrying out tests with food experts from local universities and also in India and Taiwan, as well as appointing experts from a university in Hong Kong to reassure the parties in Europe and US that our herbs are safe to be eaten (as supplements),” he added.