BioNJ, New Jersey’s statewide trade association representing research-based life sciences companies and stakeholders, and Pennsylvania Bio, the statewide trade association representing Pennsylvania’s life sciences industry, announce a memorandum of understanding (MOU) with Taiwan Bio Industry Organization, the largest biotechnology organization in Taiwan. The agreement was signed during the BIO International Convention in Philadelphia.
The MOU provides an opportunity for BioNJ, Pennsylvania Bio and Taiwan Bio to work together to assist and support the efforts of life sciences companies operating in the United States and Taiwan seeking to find potentially interested partners for strategic or commercial collaborations.
“Alliances, such as the one between BioNJ, Pennsylvania Bio and Taiwan Bio, are important in fostering new business opportunities, partnerships and research collaborations,” said Debbie Hart, President & CEO of BioNJ. “By bringing our Members together we will be able to achieve more and support the life sciences industry as a whole.”
“This agreement provides the needed vehicle to facilitate business and scientific collaboration between Pennsylvania, New Jersey and Taiwan,” said Christopher P. Molineaux, President & CEO of Pennsylvania Bio. “Our goal is to make it easier for foreign companies to establish operations in both states while assisting companies looking to expand outside of the United States.”Related Articles: