linkedin post 2013-03-22 06:47:54

TAIWAN HAS LONG BEEN ATTRACTING BIOPHARMA COMPANIES, in an effort to be part of the leadership ranks of biological medicines. In addition to tax incentives, it recently unveiled a 1.9 Bn USD venture fund. The country realized a long time ago that computer chip manufacturing was likely to move to lower cost countries, and initiated bold efforts to attract Bio pharma companies. With a transparent IP culture, a new corporate leadership that has been largely US educated, and a westward looking attitude, this can-do culture has built attractive Bioclusters.

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