Singapore committed to growing biopharmaceutical sector: Iswaran

Singapore

SINGAPORE remains steadfast in developing the biopharmaceutical sector to drive growth and create jobs by catalysing innovation in manufacturing technologies, developing infrastructural solutions, and building talent.

Minister for Trade and Industry S Iswaran made the point on Thursday, adding that the Singapore Economic Development Board (EDB) expects the knowledge-intensive sector to create more than 300 jobs in the next three years.

Speaking at the first-phase opening of drugmaker AbbVie's Singapore plant in Tuas Biomedical Park, he said employment in biopharmaceutical manufacturing has more than tripled from 1,900 in 2000 to…