Hoping to increase competitiveness and improve patient outcomes, Taiwan’s hospitals are investing in high-value medical devices and artificial intelligence. But finding a balance between state-of-the-art equipment and affordable services remains a challenge. Despite continuous increases in the National Health Insurance (NHI) budget and raised premiums, Taiwan’s hospitals face progressively strained finances and stiff competition. To…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Inflation Hits Taiwan’s Restaurant Industry   Taiwanese restaurant group Wowprime Corp. has announced that, starting from October 25, it will raise prices at its 15 restaurant establishments by around 5%. Wowprime, whose brands in Taiwan include popular spots…

Taiwan has a unique opportunity to reinvent itself as a leader in sustainable transformation. But it will take the enlightened involvement and cooperation of business, government, academia, and society to ensure that such a shift benefits all relevant stakeholders. Over the past few years, sustainability and ESG (Environmental, Social, and Governance) investing have become hot…

For more than 130 years, Johnson & Johnson has created value for patients, customers, employees, and shareholders through the development and provision of innovative products and solutions. As one of the largest and most diversified healthcare companies in the world, J&J has been able to devote significant resources to research and development across its three…

Edwards Lifesciences’ expertise in cardiovascular technology is highly specialized but essential for patients. The company focuses on treating critical conditions and diseases such as aortic stenosis, an unrecognized and undertreated, yet deadly, noncommunicable disease. In Asia, as few as around 2-3% of patients receive lasting treatment in the form of a heart valve replacement. “Around…