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Abbott Medical Optics Ltd (AMO) will invest US$60 million to set up its first manufacturing facility in Malaysia, located in Kulim Hi-Tech Park. The plant will produce about one million intraocular lenses per year for the global market and is expected to employ about 500 people.
“This growth will be driven primarily by the aging population and the increasing worldwide demand for IOLs.”theedgemalaysia.com
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