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Friday, 22 Jul 2016

ENTOGENEX SIGNS MEMORANDUM OF UNDERSTANDING WITH THE STATE GOVERNMENT OF ANDHRA PRADESH

EntoGenex Industries Sdn Bhd (EntoGenex) signed a Memorandum of Understanding with the State Government of Andhra Pradesh in India, in conjunction with the ASEAN-INDIA Business Leadership Conclave 2016, held in the Perdana Hall, Ministry of International Trade Tower on the 21st of July.

FOR IMMEDIATE RELEASE
PRESS STATEMENT BY ENTOGENEX INDUSTRIES SDN BHD

EntoGenex Industries Sdn Bhd (EntoGenex) signed a Memorandum of Understanding with the State Government of Andhra Pradesh in India, in conjunction with the ASEAN-INDIA Business Leadership Conclave 2016, held in the Perdana Hall, Ministry of International Trade Tower on the 21st of July.

The MoU was signed by Mr Marcus Francis, Director of EntoGenex on behalf of EntoGenex Industries, and H. E. Sri Atchannaidu Kinjarapu, the Honourable Minister for Labour & Employment, Factories, Youth & Sports, Skill Development and Entrepreneurship on behalf of the Government of Andhra Pradesh.

This MoU will facilitate EntoGenex’s investment into the Indian State of Andhra Pradesh, in the areas of Biotechnology and Vector Control, particularly technologies related to the control of disease carrying mosquitoes.

“India spends a total of approximately $3.05 billion on Malaria and Dengue control, a significant amount of which is spent on vector control,” Mr Francis said. “We are looking forward to help India, particularly the state of Andhra Pradesh, to control mosquito borne diseases, through non-toxic innovations developed by EntoGenex.”

“We are proud to have become one of the first Malaysian companies that are introducing these toxic-free solutions to combat mosquitoes in India,” he added.

EntoGenex previously has embarked in the Komuniti Bebas Denggi Program (KBD) as the technology partner, which saw a reduction of dengue cases by an average of 54.7 percent over a three-month implementation period. This Ministry of Science, Technology and Innovation supported program involves not only the use of technological innovations, but also methodological innovations to Reduce breeding spots, Educate the public on mosquitoes, Activate to community to take action and Protect the people from contracting dengue.

Mr. Francis said, “We hope that this MoU will open up more doors for our entry into the international market. Through this partnership, EntoGenex seeks to enhance the well-being of the people, not only in Andhra Pradesh and Malaysia, but all afflicted countries around the world. With the convergence of various diseases such as Zika, Dengue, Yellow Fever and other mosquito borne diseases, this is the right time for us the highlight Malaysian solutions, for the benefit of the world.”

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ABOUT ENTOGENEX: EntoGenex Industries Sdn Bhd (EntoGenex) is a Malaysia-based biotechnology company focused on vector control. EntoGenex has pioneered green and sustainable solutions aimed at combating mosquito-transmitted diseases in Malaysia and worldwide. Towards this goal, EntoGenex has successfully incubated, developed and commercialised a range of mosquito control products utilising the Trypsin Modulating Oostatic Factor (TMOF) and EGX-101 technologies. In 2009, EntoGenex was awarded the BioNexus status, an incentivised status to deserving biotechnology companies, from the Malaysian Biotechnology Corporation. With its recent successes, EntoGenex is moving towards international expansion, promoting unique solutions in combating mosquito transmitted diseases onto a global platform.

ABOUT KBD: Komuniti Bebas Denggi (KBD) is a component of the Dengue Control Toolbox supported by MOSTI. The technological and methodological innovations used in KBD was provided by EntoGenex Industries Sdn Bhd, including the MOUSTICIDE RH + WP Biolarvicide, Denguard Plus Mosquito repellent lotion and the Aedes Larvae Ovitrap. KBD partners are EntoGenex, Innobiologics Sdn Bhd, Universiti Kebangsaan Malaysia, Dewan Bandaraya Kuala lumpur and supported by Ministry of Science, Technology and Innovation.

 

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