Taiwan’s life sciences industries, particularly the biotechnology, pharmaceutical and medical devices sectors, are growing rapidly due to years of industry and government attention, and strong local science, technical, financial and entrepreneurial underpinnings.
Note that in Taiwan the government uses the term ‘biotechnology’ to include the broader biotechnology, pharmaceutical and medical devices industries. As such, where the government mentions biotechnology development plans or initiatives, it’s referring to the broader life sciences and not just to what is generally considered modern biotechnology; that is, using living systems and organisms to develop or make products, such as for the production of protein drugs.
Taiwan life sciences sector facts and figures
Taiwan life science parks