By Jessica Yang, Investor Research Analyst, LSN
Taiwan is establishing its presence in the life science industry and becoming an important player on the global stage. As Taiwan moves ahead to build its life science innovative ecosystem, Life Science Nation has partnered with Ministry of Science and Technology (MOST) to organize an inaugural RESI Conference in Taipei, Taiwan on November 14th. RESI Taipei will be a great chance to get plugged into the Taiwan’s rising life science ecosystem and meet emerging startups, both local and drawn from RESI’s global network.
Last month, the Taipei City Government, BTBA (Boston Taiwanese Biotechnology Association), and ITRI (Industrial Technology Research Institute) co-organized the “Taipei Bio Forum” event in Boston. As a media partner, LSN also promoted this event to invite life science industry players in Massachusetts. This event was a great chance to tap into Taipei’s rapidly developing ecosystem of innovators and long-established network of sophisticated capital providers.
During the forum, Dr. Ko Wen-Je, the mayor of Taipei City, gave a keynote speech about the current status and industrial strategy of Taiwan’s biotech industry. The mayor described their current action plan to establish Taiwan as a major hub in the Asia Pacific biotech and pharmaceutical industries, following in the footsteps of Boston. Indeed, their first goal is to improve the ecosystem to build a Boston-like environment that will welcome and foster innovation, starting by implementing changes in regulations, increasing protections for intellectual property, recruiting and cultivating new talent, and providing access to larger amounts of funding. In addition, to promote the spread of ideas and collaborative environment conducive to innovation, the government plans to integrate different science parks and R&D centers in Taiwan into one biocluster. Lastly, Dr. Ko also emphasized their goal of both integrating a global presence locally and differentiating Taiwan from other global players by focusing on specific key industries and developing their own niche. These key industries may include precision medicine, and aging-related technologies.
Boston is regarded as a global center of the life science industry, and Mark Sullivan, Executive Director of Massachusetts Office of International Trade & Investment, highlighted how the city fosters international collaborations and, with the success of many Boston-based biotech companies, has promoted an environment for startup success. This included the presence of many companies, based in Boston or Taiwan, demonstrating these cross-border partnerships.
Overall, the forum was a great success and provided an opportunity to forge connections between these two key life science hubs. By launching RESI Taipei, LSN aims to bridge the global life science ecosystem with Taiwan and bring Taiwan startups and investors together with their counterparts from the rest of the world.




















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Jonas Jendi is an investment manager at Nordic VC Industrifonden (Stockholm), focused on the life science sector. Industrifonden is one of the largest VC funds in the Nordics, focusing on both tech and life science. The €500m evergreen fund invests in early-stage ventures. The Industrifonden life science team currently has a portfolio of 14 companies, from medtech to biotech, both private and publicly traded. Jonas joined Industrifonden in May 2017, bringing onboard recent experience as an independent board member, angel investor and equity analyst. Between 2001 and 2010, Jonas was CEO at Cogmed, a start-up in the field of evidence-based cognitive training (clinically validated software), based in Stockholm and later in the US. Jonas took the company from the research phase at Karolinska Institute in 2001 to acquisition by Pearson in 2010, then managing the Cogmed integration into Pearson. His background also includes strategy work with The Boston Consulting Group.


