Taiwan Awards Companies in Life Science Sector
- Posted on 02 December 2009
The "Taiwan Healthcare Industry Innovation and Excellence Awards 2009," recognizing achievements in the local life sciences sector was held in November.
"Gold," "Silver" and "Bronze" award winners were chosen from seven companies making a "Commendable" short list determined by a select panel of local industry experts. The selection takes into account the potential for growth over the coming five years.
Winning the Gold award for first place and a NT$300,000 (US$9,000) check this year was Formosa Laboratories. The company is both a manufacturer of Active Pharmaceutical Ingredients (APIs) and UV-filter products, producing both at its Good Manufacturing Practice (GMP)-compliant facilities near Taipei.
Picking up the Silver award and NT$200,000 (US$6,000) was biomedical material development firm GaleMed Corporation. He company makes interface products for use in respiratory care equipment.
The Bronze award and a NT$100,000 (US$3,000) prize was won by InnoPharmax. This company specializes in developing drug delivery technologies, particularly in the infectious disease, immunology and oncology therapy sectors.
Special guest this year was the Vice President of Taiwan, Vincent Siew.
The awards event was jointly hosted by the Science and Technology Advisory Group (STAG); the Industrial Technology Research Institute (ITRI); the Epoch Foundation, a Taipei-based technology industry development and promotion body; the Taipei Biotech Association; and the Taiwan Bio Industry Organization.
