Since the domestic demand market is too small, more opportunities for international exchanges should be promoted to build foreign capital markets’ understanding of and investment in my country’s biotechnology industry.
"In the second half of the year, (industries) will slowly recover in line with the demand of the international market. Therefore, I think that by cooperating with the government to accelerate investment, this should be an opportunity for us to develop the biotech industry." Xu Shengxiong finally said.
Jin Renbao Wei Ya_2019_01_29_Translated and photographed by Cai Ren-5.jpg
Xu Shengxiong, Chairman of Jinrenbao.
Picture/Cai Renyi Photography
Fubon Chairman Cai Mingxing analyzed the trends of the biomedical industry from the perspective of financial investment
Cai Mingxing got straight to the point and pointed out that israel telegram the key to success in entrepreneurship in the biomedical industry is nothing more than market strategy (including products that must meet market demand, product market scale must be large enough, and product life cycles must be long), technological innovation and feasibility , adequacy of funds, and talent. "Because Taiwan is a high-level talent-intensive industry, business determination, whether the operation plan is feasible, whether resources can be effectively utilized, whether risk management is appropriate, the ability to negotiate technology transfer, etc., and how to find strategic partners, etc. are all very important. And of course integrity and execution.
Tsai Ming-hsing finally shared that since 2004, the total number of investment cases of Fubon Group in the biotechnology industry is 37, and the total investment amount of Financial Holdings Venture Capital is approximately NT$3.756 billion, with an internal rate of return of 27%. Bang Life Insurance invested approximately 12.326 billion yuan. "The growth potential of the biotechnology industry is much greater than that of the financial industry. We are very active in investing, and the biotechnology industry is very meaningful. It is an industry that saves the world and saves people."
