8/1 Taiwan Life Sciences Biweekly Newsletter
2023-08-01 |
| Taiwan Life Sciences Biweekly |
| BIO Asia-Taiwan 2023: Global Biotech Development 29 July, 2023 Co-organized by the Biotechnology Innovation Organization (BIO) and the Taiwan Bio Industry Organization (Taiwan BIO), BIO Asia-Taiwan was grandly held at the Taipei Nangang Exhibition Center from 26 to 30 July. With the theme of "Embracing Asian Dynamics", this annual event for the Asian biotech industry boasted a scale of exhibition and conference that surpassed the pre-COVID-19 level, culminating in a record-breaking level of international participation. In addition to exhibitors from 19 countries, a total of 22 sessions of international forums were held during the event, attracting biotech professionals from more than 30 countries. More... |
| Taiwan makes breakthrough in plant-based meat technologies 28 July, 2023 A state-owned start-up will be established by the end of this year for the development of plant-based meat using a technology that Taiwan's economic ministry says makes meat "remarkably similar" to real meat. The breakthrough was made as part of a project at the Department of Industrial Technology (DoIT) of the Ministry of Economic Affairs and presented at BIO Asia-Taiwan 2023. The event is taking place between July 26-30 in Taipei, bringing biotech and pharmaceutical businesses from North America, Europe, and Asia to Taiwan's emerging biotech sector, according to the event website. More... |
| SOFIVA GENOMICS uses technology from Swiss Firm SOPHiA GENETICS to launch HRD testing 27 July, 2023 SOFIVA GENOMICS has been continuously devoted to the research and development of cancer-based precision medicine. In a technological collaboration with the world-renowned SOPHiA GENETICS in 2022, SOFIVA GENOMICS unveiled new homologous recombination deficiency HRD testing capable of providing patients with highly accurate assessments that indicate potential responsiveness to PARP inhibitor therapy. More... |
| Mere digitization of records won't cut it for a smart hospital 25 July, 2023 Chang Gung Memorial Hospital in Taoyuan City, Taiwan has made strides in transitioning to digital medical records. "While this was a significant step toward embracing technology, it quickly became apparent that the mere digitisation of records was not sufficient to meet the needs of a smart hospital," says Dr Kun-ju Lin, professor at the Department of Nuclear Medicine and Deputy Chief Information Security Officer of CGMH More... |
| Chinese language medical AI diagnosis system implemented in Taiwan hospital 25 July, 2023 Taiwan's China Medical University Hospital (CMUH) is collaborating with Microsoft on the gHi system, the world's first Chinese language AI e-health system, which launched on Monday. The gHi system accesses a glossary of professional terms to generate medical diagnoses with an accuracy of up to 90 percent. It is able to give recommendations and suggest treatments according to the patient's complaints. More... |
| 15 Taiwanese companies rush into a boom of AI in healthcare 24 July, 2023 AI in healthcare has become the new arena for the technology sector. Following the footprint of Wistron, Quanta, ASUS, Qisda, Acer, and Inventec, the biomedical industry has also actively grabbed a share of the pie, with ONYX Healthcare, EverFortune.AI and Crystalvue Medical aiming at the intelligent healthcare, and iXensor and Bonraybio targeting the infertility market. More... |
| HanchorBio Received IND Approval of HCB101 Multi-Regional Clinical Trial By Taiwan FDA 24 July, 2023 HanchorBio Inc., a global clinical-stage biotechnology company developing innovative immuno-biomedicines, announced today that the Taiwan Food and Drug Administration (TFDA) has approved its investigational new drug (IND) application to initiate a multi-regional clinical trial of its independently-developed novel drug candidate, HCB101, for the treatment of patients with advanced solid tumors or relapsed and refractory non-Hodgkin lymphoma. More... |
| 2023 Precision Medicine Industry Policy White Paper Paves the Way for the Biotechnology in Taiwan 24 July, 2023 According to the "2023 Precision Medicine Industry Policy White Paper" published by the Precision Medicine Industry Association of Taiwan (PMIA) in 2023, PMIA has proposed five policies to be recommended by the government and industry based on the principles of precision medicine. More... |
| Japan green lights MiiS's disposable endoscope, filings for other markets on the road 5 July, 2023 Following the approval granted by FDA and TFDA last year, Taiwan's Medimaging Integrated Solution Inc. (MiiS)'s disposable endoscope has been approved in Japan. According to MiiS, their disposable endoscopes are currently sold under its own brand, but in the future will also strive for other ODM business, there are also plans to expand the European Union, Southeast Asia and other markets. It is expected that after approval, MiiS can continue to sell through the continuous co-operation of distribution channels, which will contribute to the growth of the company's business. More... |
| Advanced Biomed sets IPO terms, which could value the biotech at up to US$625 million 19 July, 2023 Advanced Biomed Inc. has set terms for its initial public offering, in which the Taiwan-based biotechnology company focused on treating cancer is looking to raise up to US$125 million. The company said it is offering 25.0 million shares in the IPO, which is expected to price between US$4 and US$5 a share. That pricing would value the company at up to US$625 million. The stock is expected to trade on the Nasdaq exchange under the ticker symbol "ADVB." More... |
| Taiwan's garment manufacturer Makalot cracks the US healthcare market for its smart, medical clothing 18 July, 2023 Makalot's "AI Medical Smart Clothing" enters the U.S. healthcare industry, the first of its kind in Taiwan. As per Frank Chou, chairman of Makalot, the U.S. client has obtained FDA approval, and Makalot's Taiwan factory has also been approved by FDA, which is the first in the garment industry for a Taiwanese manufacturer and a rarity globally, and Makalot is releasing orders for the first batch of 2,000 pieces, with continuous shipment going forward. More... |
| Taiwan boosts global healthcare startup ecosystem 18 July, 2023 The Taipei City Government's Department of Economic Development is taking proactive steps to attract international startups and foster collaboration with local businesses through its "Talent Exchange Programme". In line with this initiative, they have established the "Taipei Entrepreneurs Hub (TEH)" to cultivate a vibrant international community of entrepreneurs in the heart of Taipei. In 2023, the spotlight is on the health industry, and the department has recently announced the forthcoming "Win A Greater Health" international online startup pitch contest. Selected teams will have diverse opportunities for technological connections, collaborations, and interactions with businesses and venture capital firms in Taipei. More... |
| The first business cluster in Kaohsiung aiming at generative AI in healthcare 17 July, 2023 Taiwan AI Labs announced that the world's first generative AI healthcare industry cluster has officially launched in Kaohsiung's Asia New Bay Area, based on the laboratory's AI technology, and in conjunction with the four major medical centres- Kaohsiung Medical University Chung-Ho Memorial Hospital, Kaohsiung Chang Gung Memorial Hospital, Kaohsiung Veterans General Hospital and E-Da Hospital, as well as the Industrial Technology Research Institute (ITRI), the Metal Industries Research & Development Centre, the Southern Taiwan Science Park Bureau, National Sun Yat-Sen University, and National Cheng Kung University. More... |
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| Taiwan Bio Industry Organization (Taiwan BIO) Contact: Daisy Tsai Tel: +886 2 27836028 ext 14 FAX : +886 2 27836027 Mobile: +886 933-139647 | Line ID : daisy222 Email: daisy@taiwanbio.org.tw BIO Asia-Taiwan July 26-30, 2023 ============================== Taiwan Bio Industry Organization (TBIO) Room C229, Bldg. C, No.99, Ln. 130, Sec. 1, Academia Rd., Nangang Dist., Taipei, Taiwan (11571) ============================== |