Taiwanese Startup Gwo-Shyuan Biotech Wins at SelectUSA Tech, Plans US Subsidiary
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This year, Taiwan's Ministry of Economic Affairs led 24 startups to the SelectUSA Tech competition in the U.S., securing a world-leading total of 1 gold, 3 silver, and 1 bronze medal. Gwo-Shyuan Biotech won first place in the Health Tech category with its innovative MRI contrast agent technology and plans to establish a U.S. subsidiary this year to expand its market presence. The Small and Medium Enterprise and Startup Administration stated that this achievement showcases Taiwan's R&D strength and international competitiveness in fields like health, defense, and energy.