Effective April 2, 2025, all screeners previously provided by Sivadata Pty Ltd have been transferred to Kalkine Pty Ltd, a related entity of Sivadata Pty Ltd. You can access these screeners via the link https://kalkine.com.au/screeners.
PRNews

New Force in Vaccine National Team: NHRI Spin-off 'TaiU' Completes US$2M Seed Round Led by MVL Seed Fund

Cision | Fri, Aug 01 2025 10:00 AM AEST

1695367561_650d4189d32c8_1692951951_64e8658fe70f4_breaking_news_600.png
Image Source: Sivastatz

TAIPEI, Aug. 1, 2025 /PRNewswire/ -- Taiwan Universe BioMedicine (TaiU), a startup spun off from the National Health Research Institutes (NHRI), today announced the completion of a NT$60 million (approx.US$2 million) seed funding round with assistance from Mosaic Venture Lab (MVL). The round, led by Mosaic Seed Fund, also secured a matching investment from the National Development Fund, supported by the SMESA, MOEA, and the NiEA.

TaiU will fully accelerate the development of its product lines - bivalent enterovirus vaccine and a seasonal influenza VLP vaccine, towards clinical trials.
TaiU will fully accelerate the development of its product lines - bivalent enterovirus vaccine and a seasonal influenza VLP vaccine, towards clinical trials.

Founder and CEO Dr. Min-hsi Lee stated that TaiU's two main product lines are advancing concurrently. Its lead product, a bivalent enterovirus vaccine, is in joint venture discussions with Vietnam's largest pharmacy chain, vaccination center chain, and a CDMO. The second, a seasonal influenza Virus-Like Particle (VLP) vaccine, is gaining international attention for its ability to rapidly respond to viral mutations. This potential has attracted a major international pharmaceutical firm for discussions, while domestic MOUs with adjuvant biotech companies are creating powerful synergies to target the hundred-billion-dollar global vaccine market.

Company advisors affirmed its strategy. Dr. Mei-shang Ho, Chairperson of the Taiwan Association for Vaccine Industry (TAVI), noted, "VLP platform technology shortens development timelines. Its high safety and efficacy represent the future of next-generation vaccines and provide a solid foundation for Taiwan to meet the challenges of emerging infectious diseases."

Professor Peter Chang, a former member of the Control Yuan with experience in vaccine investigations, added, "TaiU successfully links the 'R&D National Team' and the 'Industry National Team,' demonstrating how Taiwan can build a world-class biomedical industry ecosystem and is a crucial step in proactively expanding Taiwan's public health and medical strength."

Johnny Yu, TAVI Vice Chairperson and Managing Director at MVL, concluded, "Taiwan needs more innovative companies like TaiU with flexible, collaborative business models to fill critical industry gaps." The funds will be used for preclinical trials, with plans to submit an IND application in 2026 and to be listed on the emerging stock market in 2028 as a key member of the "Vaccine Taiwan Team."

World News

$100,000 Marathon Petroleum Grant To Help Bridge a Digital Divide in El Paso

Key PointsA $100,000 grant is advancing an effort to expand broadband internet access in a section of El Paso, Texas, where ...

3BL | Sat, Aug 02 2025 05:00 AM AEST

Read More
PRNews

BLUETTI Apex 300 Launches in Retail After Raising $5.4M, Leading 2025's Crowdfunding Charts

LAS VEGAS, Aug. 2, 2025 /PRNewswire/ -- BLUETTI, a global leader in clean energy solutions, today announced the retail availability of its ...

Cision | Sat, Aug 02 2025 03:00 AM AEST

Read More
PRNews

Harbour City Shopping Mall Unveils Hong Kong's Grandest 50th Anniversary Celebration for My Melody, Kiki & Lala

HONG KONG, Aug. 2, 2025 /PRNewswire/ -- Harbour City, Hong Kong's most iconic shopping mall and tourist destination, has partnered with ...

Cision | Sat, Aug 02 2025 02:57 AM AEST

Read More
PRNews

FNZ Directors Move to Silence Employee Shareholders Behind USD $4.6 Billion Class Action

LONDON, Aug. 2, 2025 /PRNewswire/ -- In a dramatic escalation, the two directors who represent CDPQ and Generation on the Kiwi ...

Cision | Sat, Aug 02 2025 02:05 AM AEST

Read More
Market Updates

Newmont Announces Akyem Mining Lease Ratification, Unlocking $100 Million Payment

Generating $3.1 Billion in After-Tax Cash Proceeds in 2025 from Divestiture ProgramDENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, ...

Business Wire | Sat, Aug 02 2025 01:30 AM AEST

Read More