Pharmaceutical industry in Taiwan

The pharmaceutical industry in Taiwan is a key segment of the nation’s broader biomedical sector, which includes pharmaceuticals, medical devices, biotechnology, and healthcare services. In 2021, Taiwan’s biomedical industry generated roughly US $23.8 billion in revenue—of which pharmaceuticals, medical devices, and healthcare contributed about 14.8%, 35.4%, and 31.9%, respectively. The pharmaceutical sub‑sector alone produced revenues of approximately NT $67.05 billion (roughly US $2.2 billion) in 2011, and total pharmaceutical exports reached approximately US $815 million in 2021.

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