Five universities yesterday said they would establish a biotech business incubator at the Shilin-Beitou Technology Park in New Taipei City.
The incubator would the biggest of its kind in northern Taiwan and provide the park, which is still under development, with skilled workers, they said.
The universities are National Yang Ming University, Tatung University, Mackay Medical College, National Taipei University of Nursing and Health Science, and Ming Chuan University’s Innovation and Incubation Center.
Photo courtesy of National Yang Ming University
The park is to be the third major science park in northern Taiwan after the Neihu Science Park and Nangang Software Park, and it is expected to have the largest assemblage of biotech industries, achieving economies of scale, the universities said.
The universities would be able to greatly contribute to research and development efforts at the incubator, as they are located close to the park, they added.
The proximity would help consolidate research and development resources at the park and potentially accelerate the rate of investment by businesses, the schools added.
Yang Ming University vice president Yang Muh-hwa (楊慕華) said the university’s incubator center has more than 10 years of experience, and has helped foster more than 100 start-ups.
The center focuses on the biomedical industry, and specifically on collaborations between academia and industry, Yang said, adding that the center has helped foster such firms as Chinan Biomedical Technology (錫安生技) and Bened Biomedical (益福生醫), and has seen a 50 percent increase in patent applications.
Biomedicine is knowledge-intensive and investments tend to have high risks and overhead, but high returns, Yang said.
Collaboration and integration of resources are needed to maximize profits, he added.
“We hope the research and development provided by the schools and translated into commercial value by the industries, will benefit society,” Yang said.
NO HUMAN ERROR: After the incident, the Coast Guard Administration said it would obtain uncrewed aerial vehicles and vessels to boost its detection capacity Authorities would improve border control to prevent unlawful entry into Taiwan’s waters and safeguard national security, the Mainland Affairs Council (MAC) said yesterday after a Chinese man reached the nation’s coast on an inflatable boat, saying he “defected to freedom.” The man was found on a rubber boat when he was about to set foot on Taiwan at the estuary of Houkeng River (後坑溪) near Taiping Borough (太平) in New Taipei City’s Linkou District (林口), authorities said. The Coast Guard Administration’s (CGA) northern branch said it received a report at 6:30am yesterday morning from the New Taipei City Fire Department about a
IN BEIJING’S FAVOR: A China Coast Guard spokesperson said that the Chinese maritime police would continue to carry out law enforcement activities in waters it claims The Philippines withdrew its coast guard vessel from a South China Sea shoal that has recently been at the center of tensions with Beijing. BRP Teresa Magbanua “was compelled to return to port” from Sabina Shoal (Xianbin Shoal, 仙濱暗沙) due to bad weather, depleted supplies and the need to evacuate personnel requiring medical care, the Philippine Coast Guard (PCG) spokesman Jay Tarriela said yesterday in a post on X. The Philippine vessel “will be in tiptop shape to resume her mission” after it has been resupplied and repaired, Philippine Executive Secretary Lucas Bersamin, who heads the nation’s maritime council, said
CHINA POLICY: At the seventh US-EU Dialogue on China, the two sides issued strong support for Taiwan and condemned China’s actions in the South China Sea The US and EU issued a joint statement on Wednesday supporting Taiwan’s international participation, notably omitting the “one China” policy in a departure from previous similar statements, following high-level talks on China and the Indo-Pacific region. The statement also urged China to show restraint in the Taiwan Strait. US Deputy Secretary of State Kurt Campbell and European External Action Service Secretary-General Stefano Sannino cochaired the seventh US-EU Dialogue on China and the sixth US-EU Indo-Pacific Consultations from Monday to Tuesday. Since the Indo-Pacific consultations were launched in 2021, references to the “one China” policy have appeared in every statement apart from the
More than 500 people on Saturday marched in New York in support of Taiwan’s entry to the UN, significantly more people than previous years. The march, coinciding with the ongoing 79th session of the UN General Assembly, comes close on the heels of growing international discourse regarding the meaning of UN Resolution 2758. Resolution 2758, adopted by the UN General Assembly in 1971, recognizes the People’s Republic of China (PRC) as the “only lawful representative of China.” It resulted in the Republic of China (ROC) losing its seat at the UN to the PRC. Taiwan has since been excluded from