Malaysia’s VentureTECH Invests in Hanan Medicare and AgriData Portal

VentureTECH Supports Pharmaceutical and Agritech Growth

Announced on October 13, 2026, the investments focus on two different sectors that play an important role in Malaysia’s economic development. Hanan Medicare is expanding into higher-value biopharmaceutical manufacturing, while AgriData Portal is developing technology-driven solutions to support smallholder farmers.

According to VentureTECH, the investments align with Malaysia’s Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35). Both initiatives aim to strengthen strategic industries, develop domestic capabilities and encourage more Bumiputera companies to enter high-growth, high-value sectors.

Hanan Medicare Expands into Biosimilar Manufacturing

Established in 2014, Hanan Medicare is a Malaysian pharmaceutical company focused on oral solid dosage (OSD) medicines and medical products.

In 2025, the company began expanding into biosimilar manufacturing, marking a move towards a more technologically advanced segment of the pharmaceutical industry. Its areas of focus include biosimilars such as insulin.

VentureTECH Focuses on Strategic National Industries

VentureTECH is a Malaysian government-backed impact investment company established to support businesses that can develop local capabilities and generate sustainable economic and social benefits.

Commenting on the investments, VentureTECH Officer-in-Charge and Chief Operating Officer Nizam Mohd Reza said the company focuses on businesses capable of building meaningful capabilities in strategic industries.

About VentureTECH

VentureTECH is a Malaysian government-backed impact investment company that supports businesses operating in strategic and high-growth sectors. Its investment approach focuses on developing domestic capabilities, supporting Bumiputera enterprises and creating sustainable economic and socio-economic value.

The company’s investments in Hanan Medicare and AgriData Portal reflect its focus on strengthening Malaysia’s pharmaceutical manufacturing and agricultural technology sectors.

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