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Vivantis
Technologies is committed to entering new markets
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Niche firm
aims at global market
DNA
Among the first wave of Malaysias
BioNexus status companies, Vivantis Technologies demonstrates
the international potential of a firm working in a
niche market.
Specialising in the production
of restriction enzymes, DNA extraction kits, DNA amplification
re-agents and other related products for molecular
biology research, Vivantis Technologies is among the
flag bearers of the countrys biotech sector,
with subsidiaries in Singapore and the United States
and representative offices in India and the UK.
Currently, Vivantis has 36
distributors around the world and product sales are
picking up. We have been in the global market
for over a year now and things have been looking quite
positive, especially from the UK where we can get
a lot of orders, says Chief Executive E.L. Law.
Vivantis has teamed up with
partners across Europe to boost its corporate profile
and sharpen its technological edge. This level of
international collaboration has allowed the firm to
expand its range and product pipeline since its inception.
This is why we have
a lot of active collaborations because we hope to
produce more products, especially those that are high-end
and value-added, says Mr Law.
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E.L. Law
CEO of Vivantis Technologies |
Funding comes from Maybank,
the largest bank and financial group in Malaysia,
and the Malaysia Technology Development Corporation.
With resources like these behind it, Mr Law hopes
to move up a gear.
In one current project, Vivantis
is leveraging its expertise in the DNA field while
its Dutch partners are specialists in plant protein
work. We are coming up with a very special pre-cast
instrument that we can use to separate DNA,
he says. This is one of the things that we are
working on very closely right now. A launch
is imminent.
Although it is a highly niche
market, the global nature of the biotechnology sector
means international engagement will continue to play
a vital role in the companys future development.
This presents its own set of challenges for a smaller
company to establish its name on the global platform,
taking part in trade shows and meetings around the
world.
So far the response
has been great, says Mr Law. The global
market is much bigger than the domestic market and
we are excited about it.
A recent bulk order from the
UK is a big endorsement. I am proud of our companys
commitment to innovation, entering new and relatively
untapped markets that we thought were impossible to
get into several years ago.