Biotechnology firm Mirxes had over 100 employees in 2021. But in just three years, the company has more than doubled in size, with over 300 staff globally today.
The Singapore-headquartered company, which stands on the cutting edge of RNA technology - the same tech used in Covid-19 vaccines also has physical operations in the US, China, Hong Kong, Japan and Southeast Asia, as well as commercial activities in the broader Asia-Pacific markets.
And while it is based here, it keeps a keen eye on the region's vast potential.
Co-founder and chief executive Zhou Lihan said: "As a first mover in the region's nascent precision cancer detection market, Mirxes is poised for dominance." The firm develops and commercialises accurate, non-invasive and affordable blood tests based on micro-RNA technology for early E disease detection, including cancer.
It credits its growth to a programme by Enterprise Singapore (EnterpriseSG) which helps local companies to scale up. Mirxes participated in the programme in 2020 and embarked on a partnership journey with its anchor partner, management consulting firm EY-Parthenon.
To date, the Scale-Up SG programme, which started in 2019, has supported 92 companies across diverse sectors in mapping out their plans and achieving their growth ambitions, EnterpriseSG said. The programme aims to help high-potential Singapore companies grow further and become Global champions.
Companies with global headquarters in Singapore that have demonstrated a strong track record of growth and good leadership bench strength are invited to join the programme by EnterpriseSG.
The firms must also have the ambition to take their business global and to transform.
The first three runs involving a total of 47 companies achieved an average revenue growth rate of 68 per cent in just two years. Meanwhile, around half of these 47 firms entered new markets.
この記事は The Straits Times の April 22, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Straits Times の April 22, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Train staff strike over Olympic bonuses
PARIS - Drivers and ticket inspectors on Paris commuter trains launched a one-day strike on May 21 to pressure management over bonuses for the Olympics in July and August, leading to criticism of union tactics.
LIGHTNING STRIKE READY TO GO BOOM OVER 1,00M
Fairly new Fitzsimmons-Curatolo pairing likely to gain traction if Derby hope scores
Could Shein lose its shine?
Activists may yet have the power to disrupt the fast-fashion brand's growth as governments crack down on fast fashion’s harms.
More firms aware lack of focus on sustainability hurts bottom line
78% of small firms in survey lost existing or potential business due to emission demands
Haidilao eyes global growth after positive US debut
Super Hi International Holding, the international operator of China's popular hot-pot chain Haidilao, is planning to boost its international footprint following a listing in the United States that has been well received.
Pixar to lay off 175 workers as it returns focus to feature films
LOS ANGELES Pixar will stop making original shows for Disney+ as part of a broader retrenchment, resulting in layoffs that will reduce its workforce by 14 per cent.
28 properties part of 530m in cash, assets seized from duo who fled
More than $530 million in cash and assets, including 28 properties, have been issued with prohibition of disposal orders or seized from two foreigners who have fled the country.
S’pore army gets more accurate, ergonomic light machine gun
Infantry soldiers here have started using a more reliable, accurate and ergonomic light machine gun (LMG) that is better suited for close-quarters combat.
Rising to challenge of building MRT tunnel above KPE
Gap of 37cm is all that separates a section of TEL from expressway tunnel beneath it
Trump opts not to take witness stand in hush money case
Defence rests, clearing way for jurors to start deliberations in criminal case
