More MOUs Signed on Last Leg of Governor’s East Asia Trip

On Oct 23, 2023

On the last leg of his East Asia economic mission last week, Gov. Phil Murphy visited Hsinchu Biomedical Science Park in Taiwan where he celebrated the signing of a Memorandum of Understanding (MOU) between life sciences trade associations BioNJ and Taiwan BIO.

The MOU between the leading life sciences associations in New Jersey and Taiwan seeks to promote collaboration between the two organizations to support life sciences companies in both regions.

“With this Memorandum of Understanding, we are opening a new line of communication between researchers and industry leaders working on the cutting edge of science and medicine both in Taiwan and in New Jersey,” said Murphy. “By bringing together our brightest minds, we not only have the potential to unlock new discoveries, but we are going to create new economic opportunities for our families and workers.”

“Many companies throughout Taiwan and the U.S. and certainly in New Jersey have engaged in long and well-established strategic partnerships,” said Debbie Hart, president & CEO of BioNJ. “Alliances, such as the one between BioNJ and Taiwan BIO, are important in fostering new business opportunities and research collaborations. We look forward to bringing our members together to support the life sciences industry as a whole ― ultimately bringing new medical innovation to patients around the world.”

“Synergies are expected to be maximized with this strengthening collaboration between Taiwan BIO and BioNJ,” said Chung-Hsiun Herb Wu, Ph. D., chairman of Taiwan BIO. “Biomedical sectors of both United States and Taiwan would be benefited with this link, in turn, with the joint efforts from industry, academia, and government, the growth of economics and the enhancement of public health will certainly be facilitated.”

A Memorandum of Understanding for academic and research collaborations was also signed between the New Jersey Institute of Technology (NJIT) and the National Tsing Hua University (NTHU). The agreement facilitates joint research activities and the exchange of faculty and students between the two universities.

“Together, NJIT and NTHU have the potential to help build a new foundation for the modern world on both a microscopic and global level,” said Murphy. “This new partnership will help lead to new discoveries and technological breakthroughs — from developing a new generation of semiconductor chips, to designing more sustainable infrastructure, to revolutionizing supply chain management.”

The agreement, signed by Teik C. Lim, president, New Jersey Institute of Technology, and W. John Kao, president, National Tsing Hua University, builds upon an existing Memorandum of Understanding between the institutions.

NJIT and NTHU have agreed to exchange resources and assets, aiding in joint research projects with their respective faculty, students, and staff. The proposed projects will span the disciplines of material science and engineering, bioscience and bioengineering, environment and sustainability, artificial intelligence, machine intelligence, advanced manufacturing, data science, and management.

“New Jersey Institute of Technology is proud to work with National Tsing Hua University (NTHU) to pursue joint research activities and collaborations as well as to engage in student and faculty exchange, and we appreciate Governor Murphy’s efforts to spur educational and economic growth through this economic mission,” said Lim. “It’s an honor to be part of this delegation and to build mutually beneficial partnerships such as ours with NTHU.”

“On behalf of the university, I warmly welcome the entire 50-people-strong delegation from New Jersey led by Governor Murphy,” said Kao. “I know New Jersey has always placed a heavy emphasis on talent and economic development. The state spends more per each public school student than a majority of other U.S. states. NTHU will best use this opportunity to work with like-minded partners to meet societal needs in Taiwan and the U.S. through talent cultivation and impactful research. Together we can do much more!”

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