Paramit opens medical device design & manufacturing hub in Malaysia
11-Jan-17, New Straits Times
American medical device and life sciences contract manufacturer Paramit Corporation announced the official opening of its new 162,000 square foot facility located on mainland Penang, Malaysia.
Image: The Star / Asri Abdul Ghani
The site will be the region’s largest manufacturing facility for complex medical devices and life sciences instruments, realising sophisticated systems for genetic and molecular testing, robotic surgery and cancer treatment.
The company has been present in Penang since five years ago. "Expansion in Asia will enable us to provide a more sophisticated offering to our current regional customers, but also bring new levels of speed-to-market and peace of mind to our customers globally,” Paramit Corporation's chief executive officer Billoo Rataul said.