Healthcare
Sectors

EPP 9: Become the Hub for High-Value Medical Devices Contract Manufacturing

  • GNI by 2020 (mil)
    RM1,850
  • Projected jobs by 2020
    25,700

EPP 9: Become the Hub for High-Value Medical Devices Contract Manufacturing

Two local firms, Medical Devices Corporation Sdn Bhd (MDC) and Straits Orthopaedics (Mfg) Sdn Bhd, are leading developments in this field by expanding their manufacturing activities to spur greater participation from Malaysian entrepreneurs.

Highlights

  • Malaysia will be the sole manufacturer for Smith & Nephew's severe burns wound dressing when Steripack Asia begins operations in the country. The company is moving its contract manufacturing base from the US to Malaysia. The project is expected to generate RM2.8 million in GNI by 2020 with RM2 million in investments and 133 new jobs created.
  • In 2014, Medical Device Corporation (MDC) signed a three-year supply agreement with Lucenxia on peritoneal dialysis products worth RM30 million.
  • MDC also signed an NDA with SG Meditech to develop a new patented cord blood collection device through contract manufacturing.
2015/08/06
Projects

EPP Champions

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Status:
Work In Progress
Economic Transformation Programme
The ETP Transformation Story
The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020.
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