Home / Local News
Mon, Feb 25, 2002 - Page 4 News List

Taiwanese firms shun China for biotech research

ABSENT ROLE Many firms see China as an ideal place to set up low-end manufacturing, but have been hesitant to pursue R&D ventures in the nation

By Dan Nystedt  /  STAFF REPORTER

Chinese contingent

The APEC conference will include officials from China, a rarity in Taiwan due to the political situation.

So far about 23 biotech companies from around Asia -- including four from Israel and five Taiwanese companies -- have signed up with BioBusiness Asia 2002 and will offer presentations on current research projects and company products during the event.

Lee expects as many as 30 firms will present at the conference.

Ruth Ann Minner, the governor from the US state of Delaware, will also be a guest at the event and companies from around the region can submit an application via the Internet at www.biobusinessasia.com.

Presentations at the event include how to develop business models and marketing plans, with an aim to help make Taiwan "a window, a marketplace, for new investment," Lee said.

If Biobusiness Asia works out well, "we will do it again next year," he added.

This story has been viewed 4553 times.
TOP top