ARTICLE | Finance

Taiwan's biotech boom

What's fueling investor enthusiasm for biotech in Taiwan

January 27, 2014 8:00 AM UTC

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...