Taipei is the national hub for biotechnology and medical research.
There are nearly 400 biotech companies in the city. The annual revenue of these companies is around 6 billion USD, accounting for 50% of that of Taiwan’s biotechnology industry. Academia Sinica and eight major medical centers are located in Taipei, while more than 20 universities and vocational colleges in the city have biotech departments.
Taipei city is implementing the Nangang Biotech cluster BOT project which is scheduled to be completed in May 2023. Taipei City Government also provides one-stop services to incoming businesses that assist them in investment consultation and finding office space, subsidies and funding.

Download the investment guide of Taipei's Biotech Industry