BioSpectrum Asia

Smith+Nephew unveils manufactur­ing facility in Malaysia to support orthopaedi­cs biz


Smith+Nephew, the global medical technology company, has opened its new high technology manufactur­ing facility in Batu Kawan Industrial Park in

Penang, Malaysia. The 250,000 sq ft facility, worth more than $100 million in investment, will primarily support the company’s Orthopaedi­cs business, which is expected to grow strongly in the Asia Pacific region. The new manufactur­ing facility was officiated by the Chief Minister of Penang, Chow

Kon Yeow, in the presence of Arham Abdul Rahman, Chief Executive Officer (CEO) of the Malaysian Investment Developmen­t Authority (MIDA) and Dr Deepak Nath, CEO of Smith+Nephew. Aligned to the company’s refreshed ‘Strategy for Growth’ pillar to strengthen its foundation, this new facility will enable Smith+Nephew to serve customers and their patients sustainabl­y through advanced manufactur­ing. Up to 800 new local jobs in manufactur­ing, engineerin­g and supply chain will be created over the next few years with key roles already filled. Malaysia is well-positioned to be the manufactur­ing hub for the medical devices industry in Asia. Presently, Malaysia is home to over 200 manufactur­ers, with more than 30 medical devices MNCs producing high valueadded medical devices.

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