EU-Taiwan International Medical Devices Matching Fair-Unlimited Business Ties and Market Extension From the Hsinchu Science Park

November 28, 2019 Updated: November 28, 2019

The Hsinchu Science Park brought a group of biomedical device manufacturers to attend Medica, the global largest trade fair for the medical device industry, to Germany on Nov. 17, 2019, together with a matching fair for Taiwanese biomedical device manufacturers and European companies. After the fair, Medimaging Integrated Solution, Inc. from Hsinchu Science Park (HSP) signed a Memorandum of Cooperation with European companies, looking forward to further cooperation programs between both parties.

Eight companies from the HSP participated in the fair, including Medimaging Integrated Solution, Inc., North-vision Tech Inc., General Biologicals Corporation, Brain Navi Biotechnology Co. Ltd., Somnics, Inc., Advanced Biomedical Technology Inc., Phalanx Biotech Group, and BROADSIMS Inc., whose product technologies range from digital medicine, medical imaging, 3-D printing, and precision medicine, to precision testing. EU counterparts participating in the fair included technology companies, distributors, agents, and venture capitalists. The fair attracted high interest from EU companies in biomedical technologies in the HSP manufacturers.

Hsinchu Science Park
Deputy Director Chen Chao-Jung (front row right 5) of the Department of Life Sciences of the Ministry of Science and Technology and Lin Hui-Hung (front row right 6), head of the Investment Department of Hsinchu Science Park Bureau, with the representatives of Hsinchu Science Park companies and European manufacturers. (Hsinchu Science Park)

Ministry of Science and Technology held an international festival on the evening of Nov. 19, allowing manufacturers of both parties to share business opportunities and ideas.

A number of companies demonstrated products at the fair from HSP, such as Puriblood Medical Co. Ltd., V-Check, Inc., and EPS Bio-Technology Corp., as well as participating in the festival with open talks with EU counterparts.

HSP company Medimaging Integrated Solution Inc. also signed the Memorandum of Cooperation with EU partners regarding technology partnership and dealership.

Mr. Hui Hung Lin, Director of the Hsinchu Science Park Bureau, stated that Taiwan has turned out to be renowned globally for its high-tech as well as biomedical technologies, which has been widely recognized by global media and ranking organizations like Forbes and the World Economic Forum.

As a crucial biomedical technology player in the global market, Taiwan’s medical device industries look forward to any type of collaborations with EU companies in terms of technology links, investment, and business opportunities, with an eye to foster win-win portfolios.

Interaction of manufacturers at the conference.
Manufacturers meeting at the conference. (Hsinchu Science Park)

High-tech sectors in Taiwan, like IC design, IC manufacturing, telecom, and biomedical device manufacturing technologies, are essential for the next generation of healthcare innovations, such as telemedicine, remote medical treatment and healthcare, cloud screening for medical imaging, and portable medical devices. Taiwan is expecting to expand its high-tech competence and ties with global peers, with the EU being a target market.

(Advertisement from Hsinchu Science Park (HSP), Ministry of Science and Technology)

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