What began as a PhD project inspired by Tun Dr. Mahathir has grown into a profitable biotech firm with over RM13 million in annual revenue. By successfully cultivating the once "uncultivatable" Tiger Milk Mushroom, Ligno Biotech has turned a Malaysian national treasure into a patented and commercial success story.



Co-founders Ng Szu Ting and Dr. Tan Chon Seng join us to share their journey from researchers to entrepreneurs. They detail how they developed their patented technology, the decade-long process of market education, and their ambitious goal to grow into a RM60 million global business.



We discuss:


The long journey of commercialising a PhD research project.


How they developed a patented cultivation technology for a "national treasure."


Their three-pronged business model combining B2B, OEM, and a house brand.


How continuous R&D serves as their key competitive advantage.


Their strategy for global expansion and the road to RM60 million in revenue.



For entrepreneurs in deep tech and biotech, this explores the long, challenging journey from lab to market.

What began as a PhD project inspired by Tun Dr. Mahathir has grown into a profitable biotech firm with over RM13 million in annual revenue. By successfully cultivating the once "uncultivatable" Tiger Milk Mushroom, Ligno Biotech has turned a Malaysian national treasure into a patented and commercial success story.Co-founders Ng Szu Ting and Dr. Tan Chon Seng join us to share their journey from researchers to entrepreneurs. They detail how they developed their patented technology, the decade-long process of market education, and their ambitious goal to grow into a RM60 million global business.We discuss:<ul><li>The long journey of commercialising a PhD research project.</li><li>How they developed a patented cultivation technology for a "national treasure."</li><li>Their three-pronged business model combining B2B, OEM, and a house brand.</li><li>How continuous R&amp;D serves as their key competitive advantage.</li><li>Their strategy for global expansion and the road to RM60 million in revenue.For entrepreneurs in deep tech and biotech, this explores the long, challenging journey from lab to market.</li></ul>

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

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