Malaysia is securing its position in a lucrative market segment.
Kuala Lumpur: Malaysia is well positioned to capitalise on the growing global demand for halal pharmaceuticals and medical implants following the government’s foresight in regulating the country’s emerging market segment.
Envisaging halal pharmaceuticals as a large and potentially untapped market, Malaysia was a trail-blazer in formally regulating its local sector. Building on the country’s historically robust certification process for food products, the government introduced the Malaysian standard MS 2424:2012 Halal Pharmaceutical Guidelines in 2012.
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Nurul Amanina Muhamad Suhaini