Beximco Pharmaceuticals to form a joint venture with BioCare Manufacturing. Beximco Pharma is set to provide full technical support to the Malaysia-based manufacturer. In addition, it will establish a production facility in Seri Iskandar Pharmaceutical Park, Perak (Malaysia) in order to manufacture specialised pharmaceutical products. The collaboration is currently in its first stage and its standard metered dose inhaler facility has already been approved by Malaysia's Ministry of Health for good practices. Products from the facility are expected to be available during 2017. Together the two organizations intend to produce and supply differentiated medical products. Beximco does not foresee any significant contribution to its profits initially, but instead hopes to expand its international presence and bolster its reputation as a generic drug manufacturer.