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Introduction |
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Advantages and Opportunities for
Taiwan's Biotechnology Industry |
Advantages:
- Active and continuous efforts to build up an
attractive investment environment by the government
- Large input to investment of up- and mid-stream R&D
and infrastructure
- Close bond with fast growing Asian markets
- Sufficient domestic capital for investing from
intensive partners
- Solid foundation and experience from the past
development of the electronics industry
- Proper environment for the development of small- and
medium-sized enterprises; and the diligent and aggressive
entrepreneurial spirit of the Taiwanese
- Ample biotechnology and pharmaceutical professionals
based both locally and overseas
- Relatively homogenous ethnic Chinese population,
ideal for the development of an Asian-prevalent-disease-related biotech
industry
- Qualified R&D personnel who are capable of
establishing a knowledge economy to reflect Taiwan's uniqueness
- Advanced traditional agricultural technology to
support development of agricultural biotechnology
Opportunities:
- The key industry in the government's Challenge 2008
six-year national development plan
- The listed incentive industry among newly encouraged
emerging strategic industries
- Rising demand in better living standards in the
Asia-Pacific; and growing economy and market for potential development
- Increasing number of strategic alliances and
technology transfer cases
- R&D and precision processing sectors are ready to
take advantage of the growing global trend towards outsourcing in the
biotechnology industry.
- Right timing for endless business opportunities in
post human gene decoding
- High value-added, long life cycle and value chain of
biotechnology; many points of entry available, from R&D to marketing
- Flourishing biotechnology R&D service industries
(technical evaluation, R&D design, intellectual property services, and
start-up incubation services)
- 9. Many large-sized high-quality medical centers,
providing optimal conditions for undertaking clinical trials
- Clear market segmentation from temperate zone
products of advanced countries with Taiwan's sub-tropical climate to
develop Asian sub-tropical agricultural biotechnology
- Plentiful related information aggregated from
National Health Insurance program
- Diseases associated with a modern sedentary
lifestyle, with potential for drug and disease screening technology
platforms Objective
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