BioTaiwan 2010

TAIEX has started to risen from the bottom since January 2009. Although the index has came to 7,300 points until September of the same year, there are still 1,900 points difference between last May when the new government took up post. Meanwhile, Sector Index of Biotechnology & Medical Care has returned as the same index as last May, performed much better than TAIEX. It is contributed to the development strategies for six key emerging industries set by the Executive Yuan, in which medicine and health care, biotechnology, green energy, and high-end agriculture all belong to BioIndustry. The main goal of “Biotechnology Takeoff package” announced on March 26 is to assist bio industry in breaking through the difficulties by the government. Enable the industry’s annual production value to double within the next four years, and rapidly make it a “trillion dollar industry.” The Biotechnology Venture Capital Fund (BVC), which was jointly formed by the government and the private sectors with the aim of collecting NT$10 billion of capital in the initial stage, and reveals that the government’s determination to take the lead to develop the biotechnology industry Global financial tsunami, 8/8 flood(Taiwan’s Typhoon Morakot disaster), frequent cross-strait interaction, ECFA conclusion and so on The year of 2009 is a year which full of uncertainty, but as all the disasters went by and all kinds of policies have started to work well, these all show that the year 2010 will be definitely a hopeful year! Bio Taiwan 2010 is going to invite all circles of representatives to seize the chance and fight for the bright future of Biotechnology in Taiwan.