Monday, January 27, 2014
As Taiwan's traditional growth
sectors in IT, electronics and manufacturing have cooled, local investors
have begun to look for new places to invest. Many are betting biotech is the
next big thing.
Indeed, the last quarter of 2013
saw the largest-ever biotech IPO and follow-on in Taiwan, with these offerings
beating the average amounts raised in the U.S. and Europe last year.