Terry Guo, chairman of the Foxconn Group, in his capacity as founder of Yong Lin Health Care Foundation, has signed with National Taiwan University (NTU) for cooperation to boost biomedical development in Taiwan.
The foundation will donate a total of NT$10 billion (US$333 million) to fund establishment of the Yong Lin Biomedical Engineering Center, a 500-bed cancer therapeutic hospital to be operated by NTU and a radiation science and proton therapy center, with the biomedical engineering center to be unveiled in March 2014.
In line with the forthcoming operation of the Yong Lin Biomedical Engineering Center, the foundation will cooperate with NTU to recruit more than 100 biomedical professionals from around the world to undertake biomedical research in cancer therapeutics, with results to be applied by the cancer therapeutic hospital and the radiation science and proton therapy center.
In addition, the foundation will offer NT$5 billion to support the engineering center's research in cell therapy, radiation medicine, smart hospital, prevention medicine, medical electronics and biomedical materials.
Article translated by Adam Hwang