Ministry eyes US biotech cooperationStaff writer, with CNAA visit to the US by a Taiwanese delegation has opened the door to dialogue on cooperation between biotechnology companies, the Ministry of Economic Affairs said yesterday. Deputy Minister of Economic Affairs Chen Chern-chyi speaks at an investment conference in New York last week. Photo courtesy of the Ministry of Economic Affairs’ Department of Investment ServicesUnder that model, pharmaceutical companies partner with others in the industry that are categorized as CDMOs to outsource drug development and manufacturing. Potential cooperation between Taiwanese and US pharmaceutical companies could include the development and production of medical consumables and minimally invasive surgical instruments. However, the ministry did not say when the discussions were expected to start or which US companies would be involved.

Source: Taipei Times September 21, 2022 01:48 UTC