KPMG is committed to providing long term support to our clients as they tackle challenges & transform the way biotech & healthcare is provided.
KPMG is committed to providing long term support to our clients as they tackle...
Since 1980s, the biotechnology industry has been a key development project in Taiwan. Taiwan government has been aggressively promoting the development of the biotech sector, for which it has established programs to support the growth and development of the industry. First in 1995, Executive Yuan established the Promotion Plan for the Biotechnology Industry, which aims to create a well-rounded environment for industrial development. In order to boost the competitiveness of Taiwan’s biotech industry, Executive Yuan in 2009 also declared “Biotechnology Takeoff Package”, which aims to close the gaps in the industrial value chain and spark the takeoff of biotech industry. Currently, Taiwan’s biotechnology industry development could be categorized into the following : pharmaceuticals, medical devices, emerging technologies, as well as agricultural biotechnology. Additionally, due to aging population in Taiwan, long-term care services industry also becomes an important business opportunity.
Biotechnology industry usually has a long R&D phase. During the R&D process, biotech industry also experiences a higher failure rate than other industries do. These factors make biotech a highly challenging business. The development of Healthcare industry is related to the social welfare and national health. Therefore, the Healthcare industry should be developed by integrating various aspect of service from government, from financial to legal.
The professional services that KPMG could provide biotech and healthcare companies include the following:
Healthcare Industry Professional Services
While the social welfare and national health should both be the main concern during the development of Healthcare industry, it should also include the integrated services of compliance with policies and regulation, financial planning, professional operation of Healthcare organization etc. KPMG Biotech-Healthcare team can provide your company with our expertise having a full knowledge in Healthcare industry
Biotechnology Industry Professional Services