Founded in 1992 by the government of Malaysia, Malaysian Technology Development Corporation (MTDC) focuses on promoting and commercializing local research and investing in new ventures that bring in new technologies from abroad. Over the years, MTDC has evolved to become a leading venture capitalist in the country, providing integrated venture capital solutions from laboratory ideas to full commercialization. With a track record of successful investments in biopharma and chemical fields, MTDC is known for its investments in startups like PrimeraDx (Primera Biosystems).