Rapid growth is expected for Taiwan's biotech industry, as more than $330 million of government investment is slated for the field in 2001 -- a level increasing by 25 percent year-to-year. This investment builds off of a billion-dollar foundation of 52 globally-relevant biotechnology investment projects initiated in the past few years.

U.S. biomedicine companies can partner with Taiwan firms in specialized areas to better exploit the rapid development and vast potential of this "industry in creation." The areas for collaboration highlighted in the webcast range from technology fields (biochips, bioinformatics, MEMS, etc) through collaboration strategies (joint clinical research trials, commercial targeting of Asia-prevalent diseases, the genomics of Asian bio-diversity, etc) to 'alliance drivers' (local financing sources, opportunities for Asian application of U.S. technology, regional marketing agreements, etc).

Particular focus is given to areas where Taiwan's ambitions for biotechnology leadership in Asia overlap its proven experience as a global market-maker for computer componentry, laptop and notebook assembly and semiconductor foundry production. The webcast critically examines the question of where Taiwan's global IT leadership is relevant to the global biotechnology business, and where it is not.

Asia has a vital role to play if the pace and scope of the global biotechnology boom is to continue. Taiwan is an Asian leader in this field and -- as proven in past decades in the Info Tech field -- a dependable partner for U.S. technology leaders. The 'BioInformatics and Genomics Business Opportunities in Taiwan' webcast examines the range of issues critical to an understanding of partnership opportunities: IT partnership and strategic cooperation in research and clinical trials; the challenges of regulatory coordination and globalization; new sources for financing collaborative projects; and the commercialization of biomedicine technologies through US-Taiwan business partnerships.

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"Industry in Creation:" Bio Informatics and Genomics Business Opportunities in Taiwan," taped May 2001, is brought to you by the International Trade Administration, Commercial Service, U.S. Department of Commerce. The use of trade, firm, or corporation names within this Webcast or on the surrounding pages, or links to Web sites outside the U.S. Federal Government are for the convenience of the user. Such use does not constitute an official endorsement or approval of any private sector Web site, product or service by the U.S. Commercial Service, U.S. Commerce Department.