2025-04-25

Current Status and Trends in Taiwan's Digital Healthcare Industry

Preface Taiwan's strategic focus in digital healthcare has been officially integrated into national industrial policy and identified as a crucial application area for AI and next-generation communication technologies under the Five Trusted Industry Sectors. As healthcare industry rapidly undergoes digital transformation, digital healthcare technologies emerged as essential tools for improving medical quality and efficiency. With its high coverage of National Health Insurance, technological advantages in the ICT sector, and government-driven regulatory reforms and infrastructure, Taiwan is accelerating the development of digital healthcare. The National Health Insurance system has amassed over 23 million individual medical records across more than 20 years. When combined with the MediCloud platform and electronic medical record-sharing mechanism, this provides a real-time, comprehensive foundation for AI applications and big data analytics in healthcare. According to DIGITIMES Research, Taiwan's AI healthcare market is projected to grow from NT$360 million in 2023 to NT$1.12 billion by 2030, driven by supportive government policies, a robust ICT infrastructure, and active collaboration between healthcare providers and tech companies. Taiwan shows strong potential in both digital healthcare and AI development, leveraging its robust data assets, technological strengths, and policy support to build global competitiveness. It is steadily positioning itself as a key player in the global healthcare market. Trends in the Development of AI Applications in Digital Healthcare I.     Rising Applications of AI in Digital Healthcare: Maturity of technology and data-driven applications The three pillars of AI applications are algorithms, computing power, and high-quality data. Due to the abundance of both structured and unstructured data —such as electronic medical records and information from wearable devices—healthcare has become one of the most promising sectors for AI integration. Enhanced hardware capabilities and rapid advancements in AI algorithms have made the adoption of AI in medical settings increasingly feasible. Especially amidst the ongoing global shortage of healthcare personnel, AI is increasingly expected to serve as an auxiliary tool in addressing efficiency and quality issues. II.    Accelerating Deployment Across Eight Major Application Scenarios, with Imaging and Assisted Diagnosis at the Core AI applications span eight areas in healthcare: medical imaging, surgical robots, assisted diagnosis, virtual assistants, drug development, precision medicine, medical research, and administrative process automation. Among these, medical imaging is the most mature, thanks to the large volume of data available in radiology departments, which is ideal for AI-powered image recognition. Assisted diagnosis utilizes physiological data and test results to detect diseases. Applications in drug development and precision medicine can accelerate research and enhance medical innovation. Meanwhile, the integration of virtual assistants with generative AI is becoming increasingly common in digital health and wellness services. III.  Key to Successful Application: Data Volume, Disease Prevalence, and Cost-effectiveness. Implementing AI requires careful consideration of available data volume and disease prevalence. Diseases with high prevalence or high mortality rates—such as cardiovascular conditions, diabetes, and cancer—are generally more suitable for resource investment. In addition, cost-effectiveness must be evaluated. AI applications in drug development can significantly shorten timelines and reduce development costs. Although automating administrative processes can alleviate the burden on human resources, high implementation costs may hinder adoption. Current Development of Digital Healthcare in Taiwan In recent years, Taiwan has achieved significant breakthroughs in digital healthcare AI applications. According to the 2024 Global Clinical Artificial Intelligence Dashboard, Taiwan was ranked 10th in the world with 1,331 published AI healthcare research papers, showcasing robust R&D capabilities. In terms of practical implementation, Taiwan effectively integrates three key success factors. First, in terms of data availability, the National Health Insurance database has become a valuable resource for AI model training. For instance, China Medical University Hospital integrated a clinical database of 3 million people and developed 14 AI-assisted diagnostic tools. Acer's VeriOsteo OP utilizes extensive chest X-ray image data for AI analysis of abnormal bone density and has already obtained medical device certification. Second, regarding disease prevalence, Taiwan’s Health Insurance Administration partnered with Google to develop an AI diabetes risk management system that can predict complications years in advance and provides personalized health management plans. Third, in terms of cost-effectiveness, the Industrial Technology Research Institute and StreamTeck developed privacy-focused AI digital caregivers that leverage thermal imaging and millimeter-wave radar technology to reduce emergency response times from one hour to just one minute – thereby significantly enhancing remote care efficiency and reducing labor costs. Jubo Health Technology’s JoyGood Health Management App provides home-based self-monitoring tools that enable family members to jointly manage elderly care. By bringing professional health management systems to home care, the app helps enhance care quality while reducing costs. Successful International Cooperation Examples in Taiwan's Digital Healthcare A noteworthy example of AI healthcare deployment in Taiwan is the collaboration between Siemens Healthineers, Ever Fortune AI, and Asia University Hospital. Together, they developed an AI-powered lung cancer screening technology that has successfully reduced diagnosis times by 40% and increased accuracy to 95%, significantly improving early detection. Additionally, they established a hybrid operating room that uses AI to optimize surgical planning and postoperative management, reducing postoperative risks by 15% and enhancing clinical treatment quality. This achievement has also been extended internationally through a partnership with Vietnam's Hoa Lam Group, which adopted Taiwan's AI diagnostic system. The collaboration is expected to generate NT$1.2 billion in output by 2026. In this project, Siemens Healthineers provides medical imaging equipment and global distribution channels, Ever Fortune AI is responsible for AI algorithm development, and Asia University Hospital offers clinical data and a verification platform. Their close collaboration has not only strengthened Taiwan’s practical AI healthcare applications but also advanced its expansion into international markets, positioning Taiwan as a key contributor to the global smart healthcare industry. Conclusion As the global healthcare industry accelerates its digital transformation, Taiwan has established a solid foundation encompassing policy support, technological infrastructure, data resources, and clinical applications. Leveraging the National Health Insurance system’s data assets, strong ICT industry support, and close collaboration between medical institutions and technology companies, Taiwan is advancing AI applications from research to clinical practice and gradually expanding into international markets. From medical imaging and disease prediction to intelligent diagnostics, Taiwan has shown concrete results and sustained innovation, securing its place in global medical AI development. With digital healthcare applications continuing to grow and international partnerships deepening, Taiwan is steadily building its position as one of the most compelling examples in the global smart healthcare ecosystem.

2024-08-30

The Six Changes to Regenerative Medicine in Taiwan at a Glance

On June 4th, the Legislative Yuan passed the Regenerative Medicine Treatments Act and the Regenerative Medicinal Products Act, two controversial pieces of legislation that had been stuck in limbo for nearly a decade. The signing of these acts into law will offer new protection for patients' rights and give the development of Taiwan's biomedical industry a shot in the arm. Jarret Su (蘇嘉瑞), senior lawyer at the KPMG Law Firm, explains that these acts lay the ground rules for regenerative therapies. Intricacies such as the scope of coverage and the standards of cell therapy products are now less opaque. Medical facilities and biomedical companies have a clear path forward, and competent authorities have a basis for regulation. What is regenerative therapy? In simple terms, it is a branch of medical science that utilizes the regenerative properties of cells to repair damaged tissues and organs. For example, certain immune cells may be extracted from a cancer patient's body to be cultivated and multiplied so that they can be made into a cell therapy product, which can then be introduced back into the patient's body to combat the cancer. Under the new law, all cancer patients may opt to receive regenerative therapy that has been approved by the Ministry of Health and Welfare (MOHW)—unlike before, when such options were only made available to terminally ill patients or patients for whom all other forms of treatments had failed. Regenerative Therapy No Longer Reserved for the Terminally Ill The two acts also clearly state that only medical facilities may provide regenerative therapies, and all cell therapy products used in regenerative treatments must be GMP-certified, the same as any other drug. This will prevent unethical practices in the market. Over the past decade, cancer patients have been targeted by unscrupulous operators who sold them untested treatments for hundreds of thousands or even millions of Taiwan dollars. Other treatment providers touted unproven therapies that were purported to reverse aging or cure sleeping disorders. None of these products were properly tested or approved by the relevant authorities. The new Regenerative Medicine Treatments Act bans these practices. Providing unauthorized treatments or advertising regenerative therapies without getting approval from relevant agencies can incur a fine of up to NT$20 million. What are the Six Changes to Regenerative Medicine in Taiwan? Changes Details 1. Source of Law The Regenerative Medicine Treatments Act and Regenerative Medicinal Products Act replace the “Regulations of Special Medical Techniques”. 2. Medical Practices Can only be practiced by medical facilities. No restrictions on type or stage of cancer, but procedure must be approved by the MOHW and registered with local competent authorities. 3. Drug Production Regenerative medicinal products are classified as drugs. The manufacturing or import of drugs must be registered with and checked by the MOHW. A drug permit license will be issued to products that pass the approval process. 4. Compassionate Use The MOHW has established a "regenerative therapy review committee". Patients with urgent medical needs may be issued a permit by the committee which authorizes them to use unlicensed regenerative medicinal products. The MOHW can approve the use of regenerative therapies without human trials or immediately after the completion of human trials. 5. False Advertising Advertisements for recruitment agencies, cell providers, and regenerative therapy providers must be registered with the MOHW. The effects of treatments may not be falsely advertised. Failure to comply may result in fines. 6. Relief Measures Medical facilities must prepare relief measures for adverse effects resulting from treatments, such as purchasing liability insurance. New Regenerative Medicine Laws Will Jumpstart the Biomedical Industry Deng-Chyang Wu (吳登強), CEO of the Regenerative Medicine and Cell Therapy Research Center at Kaohsiung Medical University, points out that in the past, the biomedical industry was afraid of major investments going up in smoke because there were no clear guidelines on how to apply for government approval. Now, abiding by the rules will reward operators with legal licenses to sell their drugs to those in need. Once cell therapy products can be produced at scale, regenerative medicine will no longer be criticized as treatments that are "only for the affluent". Legislator Shiou-Fang Huang (黃秀芳), who was in charge of reviewing the two acts, opines that once the rules are in place, regenerative therapy will have the chance to become ubiquitous, which will further lower the cost of treatment. According to an industry survey published by Precedence Research, the global regenerative treatment market is expanding rapidly. The market was valued at US$24.2 billion in 2022; it is expected to grow to US$174.7 billion in 2032, with a CAGR of around 22.8%. "Regenerative medicine is about to enter a new era in Taiwan," says Wu. With all these benefits, why has it taken eight years for these important pieces of legislation to finally pass? Huang explains that a previous version of the bill had a controversial line that read, "treatments that offer preliminary curative results may be exempt from human trials." Over a hundred medical experts petitioned to remove this, because overly lax regulations may infringe on patients' rights. Negotiations fell through and the bill failed to pass. This time around, the MOHW took all opinions into consideration and amended the controversial points. "It was a rare instance of bipartisan consensus," says Huang. The committee was able to present the bills without further negotiations, and so the Legislative Yuan passed them into law. Although Taiwanese law is a decade behind that of Japan in this regard, Wu feels that Taiwan is on a level playing field with the rest of the world. The truth of the matter is, countries across the globe are still studying regenerative therapies and their effects. To use cancer treatments as an example, most current applications are oftentimes more supportive than directly curative. Wu compares it to a hare-and-turtle race. "We are progressing slowly and carefully. People need to believe in the quality of the treatments if you wish to win in the long term." Huang stresses that the new laws require the MOHW to form a "regenerative therapy review committee" that regulates regenerative therapy testing and trials more strictly than even Japan. Are Regenerative Therapies Effectual? It must be noted that regenerative treatments are expensive. To use autologous cell therapy for treating cancer as an example, the price tag can run up to millions of Taiwan dollars. To date, there is no concrete scientific evidence to prove the effectiveness of these treatments. This May, the MOHW published for the first time the median survival time of cancer patients who received autologous cell therapy. It appeared to be longer than patients who did not receive such treatment. However, Chia-Ning Shen (沈家寧), a Research Fellow at the Genomics Research Center of Academia Sinica who frequently participates in international conferences on gene therapy and regenerative medicine, warns that, "This is not enough data to determine whether the therapies are effective or not." One of the problems is because the sample size was too small: only 197 people. The second problem is the lack of a consistent basis of comparison. Differences in age, methods of treatment, and patient care after treatment can all influence the figures. So, what is the best way to interpret this data? "The most we can say is that patients will now have one more option," says Shen. Currently, regenerative therapies are mostly used in a supporting role, as it cannot replace conventional treatment. Because the effects of the treatments are not yet proven, the MOHW will continue to reward and subsidize research in regenerative medicine. It will also regularly disclose the actual results of regenerative therapies. Although more research will be necessary, Shen is of the opinion that this is belated good news from the standpoint of industry advancement. He says that effective cell therapy must be used in tandem with gene modification. "In fact, Taiwan's cell therapy technology is still at a relatively early stage." With the passing of the Regenerative Medicine Treatments Act and the Regenerative Medicinal Products Act, will Taiwan's regenerative medicine industry experience a boom? Only time will tell.

2024-04-30

Opportunities and Challenges of Taiwan’s Smart Healthcare Industry

Introduction Taiwan successfully nurtured remarkable talent in the biopharmaceuticals, electronics and ICT industries. According to the Health Care Index 2024 ranking released by the global database website NUMBEO, Taiwan ranked first in the world for eight consecutive years, surpassing South Korea, Japan, the Netherlands and France, with its world-leading comprehensive healthcare and national health insurance system. Moreover, the total output value of Taiwan's IC industry ranks second in the world, after the United States. In the post-epidemic era, the field of remote and smart healthcare has become one of the main directions for the development of the global biopharmaceutical industry. By leveraging Taiwan's strengths in clinical medicine and ICT industries, this competitive edge is expected to catalyze the Taiwan’s next industrial boom. I.    Current Status of Smart Healthcare Development in Taiwan: Taiwan’s ICT industry’s design and manufacturing capabilities, in conjunction with its capacity for cross-domain integration with the medical industry, offer significant advantages in developing smart healthcare. The output value of Taiwan's smart healthcare industry in 2024 is estimated to be NT$60 billion. Taiwan’s current investment in smart healthcare can be divided into three main categories: Major Electronics Manufacturers: Companies such as Quanta (QOCA telemedicine platform), ASUS (AICS smart healthcare solution) and Compal (Compal i Care System, BoostFix, etc.) have invested in building system integration solutions. This provides a solid foundation for Taiwan's smart healthcare development by leading electronics manufacturers providing essential equipment and data application solutions. Startup Solutions: Many startup teams have created solutions to address clinical needs, such as the Deep01 Limited auxiliary diagnosis system for cerebral hemorrhage, aetherAI’s bone marrow smear interpretation system, Acer Medical's VeriSee DR auxiliary diagnosis system for diabetic retinopathy, and Ever Fortune AI’s chest X-ray assisted diagnostic system, etc. These technologies demonstrate the significant potential of digital technology to transform medical care. Collaborations Between Industry Giants and Startups: Major electronics manufacturers and AI startups are collaborating on developing solutions for clinical needs and challenges. For example, Compal worked with Wistrend to develop the AI Contour and Annotation Platform for heart and blood vessel imaging by utilizing algorithm modules and AI assistance. Similarly, BesTCOM Infotech Corp. and Imvitec Corporation have jointly developed the Brain Radiation Therapy (AVM Brain Arteriovenous Malformation) Clinical Diagnosis and Treatment Image Prediction and Evaluation System. Through AI algorithms, normal brain tissue, cerebrospinal fluid, and diseased blood vessels are automatically contoured to facilitate benefit analysis before radiosurgery and postoperative predictions to assist doctors in understanding the lesion. II.   Building the Vision for Smart Hospitals Thanks to the National Health Insurance (NHI), Taiwan’s smart hospitals have a solid foundation for further advancement. During the pandemic, the National Health Insurance Research Database (NHIRD) played a crucial role in managing masks, rapid screening and vaccines. The NHI not only provides all citizens with basic healthcare, but also serves as an efficient digital medical records system. This system allows for seamless medical collaboration by enabling the sharing of patients’ medical information between doctors and medical institutions. This data-sharing model not only increases efficiency, but also helps improve patient treatment outcomes and can be extended to national health management. Using the model in diagnosis, prevention and treatment, and the provision of customized patient services, allows Taiwan to develop smart hospitals. Smart hospitals in Taiwan are rapidly developing, with institutions including National Taiwan University Hospital, Taichung Veterans General Hospital and Changhua Christian Hospital actively building relevant sites and systems. By integrating advanced technology and medical services, these institutions aim to provide patients with better care and experience. The following are key developments in smart hospitals in Taiwan: Data Integration and Sharing: Digital medical records systems to allow doctors and nurses working in smart hospitals to access patients' medical records, examination reports and prescriptions at any time, improving diagnostic accuracy and efficiency. Remote Monitoring and Telediagnosis: Smart hospitals use remote monitoring technology for patients' vital signs, such as heart rate, blood pressure, and blood sugar. This helps doctors detect problems early and provide immediate medical intervention. Telediagnosis and treatment allows patients to consult with doctors through video conferencing, reducing the need for hospital visits. This is particularly beneficial for long-term patients and home care recipients. Artificial Intelligence and Big Data Analysis: Smart hospitals in Taiwan use AI technology to analyze medical images and assist doctors in making more accurate diagnoses of tumors and strokes. Big data analysis can also help predict disease trends, improve medical quality, and provide better treatment options. Patient Engagement and Experience Smart hospitals use mobile applications and online platforms to allow patients to make appointments, look up physician information, and view examination reports and prescriptions at any time, improving patient participation and satisfaction. In short, Taiwan’s smart hospitals are constantly exploring and applying new technologies to improve medical services and enhance patients’ quality of life. III. Challenges facing Taiwan’s Smart Healthcare Industry At present, Taiwan's smart healthcare industry is facing the following challenges: Regulatory Restrictions: Considerable regulatory restrictions remain, such as medical device regulations for innovative digital products, telemedicine laws that change medical models, and relevant regulations and personal information and privacy protection in the field of information security, all of which need further adjustment. Operating Models and Medical Payments: Taiwan’s national health insurance system covers more than 95% of medical expenditures. However, the payment mechanism for new products and service models requires further inter-ministerial discussions. International Standards and Integration: Bridging the digital systems of hospitals around the world requires adherence to international standards, which are also necessary for digital healthcare R&D and entering overseas markets. Currently, Taiwan's international medical information system is still in its infancy. In the future, it should align with the latest international medical information standards (FHIR) so as to accelerate the industrialization of digital health. IV.  Conclusion Taiwan’s comprehensive national health insurance system and the remarkable strength and innovation of the ICT and biopharmaceutical industries have provided strong impetus for the advancement of smart healthcare in Taiwan. Taiwan's smart hospitals combine advanced technology with humanized care, enhancing not just the efficiency of medical services, but also patient experience. As new opportunities arise in the post-pandemic era, Taiwan needs to further innovate regulations, adjust operating models, and strengthen international cooperation to ensure that smart healthcare industry can continue to innovate, develop and establish a strong presence in the global market. Achieving this will position Taiwan as a leader in the global medical industry.

2024-03-31

Overview and Trends of Global Smart Healthcare Market

Introduction According to World Health Organization (WHO)’s definition, smart healthcare refers to the application of information and communication technology (ICT) in the field of medical and health, including medical care, disease management, public health monitoring, education and research. This wide-ranging concept combines technology with medical care for improved quality, efficiency and convenience. With the help of digital products such as smartphones, digital technology has significantly changed the healthcare industry. With the advancement of emerging technologies like digital technology and artificial intelligence, the field of application and scope of smart healthcare are also becoming increasingly diverse. According to a report by Grand View Research, a renowned market research institution based in the US, the scale of the global market for smart healthcare was estimated at US$144.9 billion in 2022. At a compound annual growth rate (CAGR) of 12.8% from 2023 to 2030, this market size is expected to reaching US$385.2 billion in 2030. In particular, the three major global markets: Asia-Pacific (Japan, China, Southeast Asia and India), the United States, and Europe, collectively account for more than 90% of the global market. With the continuous growth of Internet usage and the popularization of smartphones, mobile health (mHealth) products grew significantly in 2022. Accounting for more than 35% of the global market, mHealth will become the main sector of development within the smart healthcare market, while telemedicine will be the second largest area of growth. Furthermore, companies in this field are gaining competitive advantages through mergers and acquisitions, strategic cooperation, regional expansions, and greater R&D investment. I.    Application Scope of Smart Healthcare Smart healthcare includes the following applications: Medical Care: Electronic medical records, medical image interpretation, telemedicine, smart surgery, etc. Disease Management: Includes genetic testing, precision medicine and personalized care. Public Health Monitoring: For disease prevention and epidemic tracking. Education and Research: Online teaching, online health education teaching and clinical research. With the advancement of ICT, the application of smart healthcare will become increasingly widespread. This will not only enhance overall medical quality and patient experience, but also contribute to the wellbeing of the general public. II.   Key Future Development Trends in Smart Healthcare Advancement and Application of AI As AI technology continues to evolve, its use in the field of smart healthcare will only increase. AI can enhance the accuracy of medical image interpretation and play a crucial role in disease diagnosis and treatment planning. Additionally, AI will be pivotal in new drug development, clinical trials and personalized medicine. Data Security and Blockchain Technology Data security is a fundamental aspect of smart healthcare development. Blockchain technology, with its unique encryption and decentralized ledger features, can effectively protect patient data from breaches while enhancing data transparency and traceability. This will help build trust between patients and healthcare providers, facilitating the secure sharing of health information. Cloud Technology and Big Data Analysis Cloud technology enables more flexible and efficient storage, processing and sharing of medical data. Big data analysis can extract valuable insights from vast amounts of medical data, helping to predict disease trends, optimize resource allocation, and improve public health management. Edge Computing and 5G Technology Edge computing provides medical devices with enhanced data processing capabilities, which are essential for real-time monitoring and point-of-care diagnosis. The high transmission speeds and low latency of 5G technology will support remote surgeries and real-time medical services, making healthcare more timely and efficient. Wearable Devices and Telemedicine Wearable medical devices and telemedicine allow patients to receive continuous health monitoring and medical services at home or in other non-medical settings. This not only enhances the accessibility of medical services, but also makes health management more proactive and personalized. These trends show how smart healthcare combines the latest technologies to drive innovation and progress in medical services and bring revolutionary changes to global healthcare. With the development and application of these technologies, future medicine will be more intelligent, efficient and personalized. III. Limitations and Challenges facing Smart Healthcare Legal and Regulatory Challenges The development of smart healthcare is often constrained by laws and regulations in many countries. These regulations are designed to protect personal privacy and data security, but may also limit data circulation and use, hindering the innovation and adoption of smart healthcare solutions. Technological and Implementation Barriers Technology maturity and reimbursement issues are significant obstacles for smart healthcare. The existing evaluation mechanisms often do not meet the requirements of reimbursement models for innovative products. There is ongoing debate about which products and services should be covered by health insurance, purchased by hospitals improve operational efficiency, or paid for by patients out-of-pocket. This uncertainty can affect the adoption rate of smart healthcare services. Integration of Medical and Technological Issues Communication costs and integration challenges between the medical field and digital technology are major hurdles. These involve not only technology transfer, but also the acceptance and technical training of medical personnel. IV.  Conclusion Smart healthcare is continuously transforming the healthcare industry through the integration of ICT. With the development of AI, blockchain, cloud technology, big data, edge computing, and 5G technology, future healthcare will become more intelligent, personalized and efficient. These technologies improve the quality and efficiency of medical services and enable patients to receive continuous health monitoring and medical services at home or in other non-medical settings. However, the development of smart healthcare is also hindered by legal and regulatory restrictions, technological and implementation barriers, and challenges in integrating of medical care and technology. These challenges must be addressed through cross-sector cooperation and innovation to achieve comprehensive development and widespread adoption of smart healthcare. In the future, as these problems are resolved, we can look forward to a healthier, more convenient and safer medical environment.

2024-02-05

President Tsai receives US biotech company delegation

President Tsai Ing-wen (fifth right) is joined by members of U.S.-based National Resilience Inc. delegation and other officials for a meeting Feb. 2 at the Presidential Office in Taipei City. (Courtesy of PO) President Tsai Ing-wen met with a delegation from National Resilience Inc., a U.S.-based biotechnology firm, at the Presidential Office in Taipei City Feb. 2, pledging to continue working with the U.S. to increase competitiveness in the field while jointly injecting new momentum into the sector worldwide. National Resilience, with its extensive international links and abundant experience in mass production, is set to introduce next-generation biotech and pharmaceutical production technologies to Taiwan Bio-Manufacturing Corp., Tsai said. This cooperation will help accelerate the country’s mRNA-based therapeutics capacity to an international standard and advance its emerging biotech and pharmaceutical industrial chain, she added. The biomedical sector is a main point of government policy focus, Tsai said, citing the five-plus-two innovative industries plan and the six core strategic industries policy. This can also be seen in Taiwan’s emphasis on the advanced production of pharmaceuticals and vaccines, and the solid foundation it has laid in areas of automation and smart manufacturing, she said. TBMC was jointly established in May last year by the Ministry of Economic Affairs, Industry Technology Research Institute, and Development Center for Biotechnology in Taipei. Tsai added that she hopes the introduction of international clients via National Resilience will facilitate TBMC’s operations and raise Taiwan’s profile throughout the global biomedical industry. The president additionally said that she looks forward to deepening further cooperation in human resources, manufacturing and technology so that Taiwan can be a vital hub for innovative biomanufacturing in Asia. Building on the five-plus-two innovative industries program, the six core strategic industries plan was unveiled by Tsai at her 2020 inauguration as a key factor in transforming Taiwan into a dynamic force in the global economy. The industries in question are information and digital technology, cybersecurity, biotech and medical technology, national defense, green and renewable energy, and strategic stockpile industries. (YCH-E) Write to Taiwan Today at ttonline@mofa.gov.tw