Taiwan-US Innovation Workshop 2015 Spring Networking Event

March 31, 2015

The TW-U.S. Innovation Workshop was formed by Investment and Trade Office, Taipei Economic and Cultural Office, New York on December 10th, 2014. To continue this friendship connecting event, the second TW-US Innovation Workshop 2015 Spring Networking Event was held in evening of March 31st, 2015.

Mr. Brian Su, Deputy Director General of TECO New York kicked off the event with his welcoming remarks, and was followed by three distinguished guests in the biotechnology industry.

Dr. Yung-Chi Cheng, the Henry Bronson Professor of Pharmacology at Yale University School of Medicine, shared with the group the applications of Chinese medicine in modern-day technology. His topic "Chinese Medicine could be the cornerstone of future medicine: Opportunities and Challenges," introduced the approaches and philosophy of drug development and why Chinese medicine is the cornerstone of future medicine. In particular, Dr. Cheng used PHY906 as an example to share his experience with participants.

From an industry perspective, Mr. Koon Yan Pak, President of Molecular Targeting Technologies, Inc., shared with the audience his insights on "Challenges and Opportunities in Biotechnology." Dr. Pak focused on the challenges that his company Molecular Targeting Technologies, Inc. (MTTI) had encountered as they development the company. He focused on many of the challenges on the acquisition and development of novel technologies for treatment, as well as the diagnosis of cancer and cardiovascular diseases. He shared specific strategies that he had deployed when facing challenges in intellectual properties, partnerships, and funding.

On the commercial end, Claire McLeveighn, Vice President of Empire State Development, also joined to share the economic development, biotechnology and various award programs in New York State which could be great incentives for businesses as they contemplate the biotechnology industry in New York.

About the U.S. Taiwan Business Club

  • The first U.S.-Taiwan Business Clun was established March 28, 2012 in New York City
  • The Business Club was established to further enhance the bilateral business relations between Taiwan and the United States, and to provide a high-quality networking platform for business people involved or interested in expanding bilateral commerce.
  • There are now several business clubs across the United States, including New York, Boston

About the Taiwan-U.S. Innovation Workshop

  • Established December 10, 2014 in New York City
  • Targets innovative industries and brings together thought leaders to share and discuss experiences in the industries

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