US-based clinical research organization Veristat Inc yesterday announced that it would be hiring more local talent at its Taipei unit to support an increase in demand from clients.
The company owns 100 percent of the unit, which it set up at the end of last year. It held a reopening ceremony yesterday to mark its expansion efforts.
Veristat plans to hire 10 Statistical Analysis System (SAS) programmers and two data managers to add to its team of six employees, Philip Ho (何昇峰), director of Taipei operations, told a news conference.
While the Taipei unit has participated in 20 global projects organized by its parent company, it aims to expand its client base in Taiwan and reach out to other projects in Asia, Ho said.
“More projects are expected as more small and medium-sized biotech or biopharmaceutical companies have begun outsourcing their clinical research to companies like us,” Ho said.
“Time is money. It would be a great advantage for companies that want to get ahead and win marketing approval before other companies that are researching similar therapies... Our service could help them speed up,” he said.
“Usually, it takes two SAS programmers to complete the statistical work for phase I clinical trials, but the number of programmers required mainly depends on the complexity of the tests,” Taipei unit manager Henry Ou (歐恒佑) said.
Veristat offers clinical monitoring, clinical project management, data management, biostatistics, medical writing, regulatory submissions and strategic consulting services.
The local subsidiary would initially concentrate on biometrics and programming, and then expand its operations, Ho said.
The Taipei unit is Veristat’s first in Asia, but it has other units in the UK and Canada.
“We favor Taiwan, as there is a lot of talent in the nation. While Taiwan is a business, financial and technology hub, it also has an active pharmaceutical industry, with stable research funding,” Veristat executive vice president of operations Alecia Barbee told the Taipei Times.
The company, which has cooperated with clients focusing on oncology, and the treatment of rare diseases and cardiovascular diseases, is seeking new business partners in the nation, she added.
CHIP WAR: Tariffs on Taiwanese chips would prompt companies to move their factories, but not necessarily to the US, unleashing a ‘global cross-sector tariff war’ US President Donald Trump would “shoot himself in the foot” if he follows through on his recent pledge to impose higher tariffs on Taiwanese and other foreign semiconductors entering the US, analysts said. Trump’s plans to raise tariffs on chips manufactured in Taiwan to as high as 100 percent would backfire, macroeconomist Henry Wu (吳嘉隆) said. He would “shoot himself in the foot,” Wu said on Saturday, as such economic measures would lead Taiwanese chip suppliers to pass on additional costs to their US clients and consumers, and ultimately cause another wave of inflation. Trump has claimed that Taiwan took up to
A start-up in Mexico is trying to help get a handle on one coastal city’s plastic waste problem by converting it into gasoline, diesel and other fuels. With less than 10 percent of the world’s plastics being recycled, Petgas’ idea is that rather than letting discarded plastic become waste, it can become productive again as fuel. Petgas developed a machine in the port city of Boca del Rio that uses pyrolysis, a thermodynamic process that heats plastics in the absence of oxygen, breaking it down to produce gasoline, diesel, kerosene, paraffin and coke. Petgas chief technology officer Carlos Parraguirre Diaz said that in
SUPPORT: The government said it would help firms deal with supply disruptions, after Trump signed orders imposing tariffs of 25 percent on imports from Canada and Mexico The government pledged to help companies with operations in Mexico, such as iPhone assembler Hon Hai Precision Industry Co (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), shift production lines and investment if needed to deal with higher US tariffs. The Ministry of Economic Affairs yesterday announced measures to help local firms cope with the US tariff increases on Canada, Mexico, China and other potential areas. The ministry said that it would establish an investment and trade service center in the US to help Taiwanese firms assess the investment environment in different US states, plan supply chain relocation strategies and
Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Japanese Minister of Finance Katsunobu Kato said. “We need to carefully see how the exchange rate and other factors will be affected and what form US monetary policy will take in the future,” Kato said yesterday in an interview with Fuji Television. Japan is very concerned about how the tariffs might impact the global economy, he added. Kato spoke as nations and firms brace for potential repercussions after Trump unleashed the first salvo of