Compal Electronics group partners with Taichung Veterans General Hospital to advance biotech initiativesMay 22, 2024

On May 22, Compal Electronics Group, led by Chairman Hsu Sheng-hsiung, alongside its subsidiaries Kinpo, Raypal Biomedical, ARCE Therapeutics, and River Regeneration and Rejuvenation Biotechnology, signed a memorandum of understanding (MOU) with Taichung Veterans General Hospital. The partnership aims to develop telemedicine services, remote patient monitoring, smart operating rooms, intelligent command centers, AI-driven medical solutions, precision medicine, regenerative medicine, and advanced medical devices.

Hsu Sheng-hsiung highlighted that Compal Electronics, dedicated to integrating smart technology into biotech and medical fields, has been actively investing in areas such as intelligent, precision, regenerative, and advanced medical technologies through its main company and associated ventures. The goal is to collaborate with Taiwan's leading medical centers to pursue joint research and field validation.

Hsu acknowledged Taichung Veterans General Hospital's (TVGH) leading position in the medical field, which aligns with Compal Electronics Group's strategic focus on biotech and advanced medical devices. He emphasized that the partnership would concentrate on forward-looking innovative plans to seek breakthroughs and innovations, ultimately providing more advanced and effective medical solutions.

TVGH Superintendent Dr. Chen Shih-an noted that TVGH has been recognized as one of the "World's Best Smart Hospitals" by Newsweek for two consecutive years, the only hospital in Taiwan to achieve this distinction. TVGH has completed numerous successful cases in precision and regenerative medicine and is home to Taiwan's pioneering Da Vinci surgical observation program. Additionally, TVGH has secured AI model certifications from the Taiwan Food and Drug Administration (TFDA) for smart medical software, among other national and international accolades.

Dr. Chen expressed hope that this collaboration with Compal Electronics Group would combine Taiwan's competitive strengths in "information technology" and "medical technology." He envisions leveraging the hospital's research achievements through the capabilities of an IT company to reach a global audience, while integrating the latest IT advancements into hospital operations. This synergy aims to deliver rapid, precise, and personalized medical care services to patients and the public.

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