Bora Pharmaceutical CEO Backs Innovate Taiwan Program

Last month, Taiwanese-based Bora Pharmaceuticals completed their acquisition of leading generics manufacturer Upsher-Smith, as the company looks to further its expansion into the U.S. Although the western market might be the immediate focus for Bora, its founder and group CEO, Bobby Sheng, was present at Stanford’s inaugural Taiwan conference - Innovate Taiwan: Shaping the Future of a Postindustrial Society.

The program looks to prepare the next generation of students to become experts on Taiwan, fostering interactions between the Stanford community and Taiwanese stakeholders and highlighting the importance of U.S-Taiwan diplomatic relationships and of evolving the cultural landscapes for pharmaceuticals and other large industries.

On May 2, 2024, Stanford University's Walter H. Shorenstein Asia-Pacific Research Center (APARC) marked the inauguration of its new Taiwan Program at the conference Innovate Taiwan: Shaping the Future of a Postindustrial Society. The program will produce policy-relevant research to tackle the challenges facing Taiwan’s economy and society in a new era of global relations. It will also prepare the next generation of students to become experts on Taiwan and foster interactions between the Stanford community and Taiwanese stakeholders.

The program’s inaugural conference reflected this triadic mission. It gathered leading industry and academic experts from the United States and Taiwan with Stanford students to engage in diverse panel discussions. The all-day event saw a high turnout of attendees from Stanford and the broader community, including alumni and stakeholders from Taiwan.

Stanford President Richard Saller congratulated the program's establishment, noting it will advance Stanford as a global university by producing scholarship that transcends academic boundaries. “The program will do what Stanford does best — provide a cross-disciplinary, university-wide hub, where scholars from across campus and beyond can convene to study contemporary Taiwan,” said Saller. He described Taiwan as a beacon of democracy and the program’s establishment as demonstrating the university’s belief in the importance of the U.S.-Taiwan relationship.

APARC Director Gi-Wook Shin, the William J. Perry Professor of Contemporary Korea and a professor of sociology in the School of Humanities and Sciences, remarked that students and community members have increasingly expressed interest in studying Taiwan. “This is an opportune time to launch a Taiwan program with a comprehensive focus on economic, social, cultural, educational, and health-related matters,” he said. Shin underscored the program’s commitment to inspire new generations of Stanford students to engage with Taiwan.

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