Updated on 4 August 2014
The trade show and exhibition organized by Taiwan Bio Industry Organization under the auspices of the Ministry of Economic Affairs' Industrial Development Bureau invited leaders from BIO Association of Japan (JBA), Hong Kong (HK BIO), Singapore (BioSingapore), India (Association of Biotech-led Enterprises and Bangalore BIO) and Australia (Austrade in Taiwan).
Amongst the main sections of the industry that were covered at the exhibition, some were food, agricultural, medical, pharmaceutical and cosmetic. Further, industrial equipment industries biotechnology, tools and instruments, as well as the materials and reagents needed for scientific research and in the analytical laboratories, R&D, the latest achievements of genetic engineering products and full range of services in the field of biomedicine, pharmaceuticals, cosmetics, traditional Chinese medicine were showcased.
Taiwan's Biotechnology Industry Theme pavilion too reached maximum participants and drew audiences with its agenda, ‘flagship biotech, towards internationalization.'
The business and networking opportunities however were not limited to only the sprawling exhibition. It featured two tracks for business-to-business partnering categorized under pharma and medical devices. The event's main theme this year revolved around two key points. "We aspire to enlarge the comprehensive development of biotech and greet brand-new opportunities of medical globalization. With this agenda, the Nangang Exhibition Hall will host a myriad of products and technologies, an elaborate matchmaking session, pointed seminars and workshops and a job fair. A white paper on 2014's biotech industry highlighting the results of related government promotion measures was also launched," the organizers added.
China's front door - Taiwan
The industry this year employed a new strategy too. Taiwan led its main sessions with a priority on looking for opportunities in China. The state's local industry opined that they see themselves as one of the most significant ‘front doors' to the Chinese market. Further adding that this is why companies looking to do business in China could logically think about using Taiwan as the first stage in that wider China strategy.