The Ministry of Science & Technology gave a report on the progress on bio-tech and bio-medicine as par of Taiwan’s ‘5+2’ industrial innovation strategy
Taiwan News
Date: 2018/03/15
By: Duncan DeAeth, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – On March 15, Premier William Lai heard a presentation from the
Ministry of Science and Technology of the Executive Yuan on the progress of the nation’s strategy to promote the biomedical industry.
Taiwan’s government plans for biomedical technology to develop into a NT$1 trillion dollar industry over the coming years, which is one of the key industries of the Tsai government’s “5 plus 2” strategy for innovative industrial development.
Taiwan hopes that cooperation between various agencies and private industries in Taiwan will lead to Taiwan becoming a major hub for creating cutting edge medicines and medical technologies.
Taiwan’s Academia Sinica, in cooperation with several government agencies, is preparing to build a National Biotechnology Research Park (國家生技研究園區). After it is completed it will drastically increase the pace of innovation and research in the areas of biomedical science and technology. [FULL STORY]