A New Era for Medicine and Biotechnology

Technology and progress have made possible recent remarkable improvements in quality of life. In particular, medical science is developing at a staggering pace. If the future is like the recent past, we will see further wonderful benefits from the application of medical technologies. Though people will still inevitably suffer from illness and disease, the application of medical science will cure, avoid or mitigate much human suffering in many areas. The 21st century is the era of medical science and biotechnological advance. The possibilities offered by advanced techniques are already leading to a growing emphasis on national and social investment in Medicare and home health-care. The purpose: making the individual’s quality of life increasingly secure.

The most concrete evidence of progress in medical technology is that medical devices are now ‘smarter’, technology-involved, convenient and personalized than ever before. Thanks to new technologies, advanced medical equipment is gradually transformed into popular, convenient and portable devices for the patient to use outside the setting of healthcare facilities. Therefore, there are compelling reasons for Taiwan to develop its place in the medical device business through introducing new technology, proceeding with strategic cooperation and developing the most advanced medical devices and instruments.

Visible Market Perspective

We believe that the market for Taiwanese-refined medical devices is set to take off. The quality of Taiwanese manufacturing, advantages and capability in the fields of electronics, electric machinery and molding are clear. Now, the Taiwan authorities increasing encourage investment in medical science and biotechnology, and it is clear that the market can only go from strength to strength. At this point, it is extremely important to introduce foreign technology, to develop domestic research and manufacturing, to develop overseas markets aggressively, and to widen cooperation existing OEM partners. All these efforts put together will not only enhance the growth of a domestic medical industry, but will also benefit the seniors in Taiwan society.
According to a statistics announced by IT IS 2002/11, the global market value of medical industry in the year 2002 was US$195.2 billion. This is forecast to grow to US$240 billion by 2006. SeQual Technologies Co., Ltd. was formed as a joint venture to take advantage of these opportunities, to build on Tatung Company’s established relationship with SeQual Technologies Inc. and to meet domestic, Asian and worldwide needs for medical oxygen concentrators.
The joint venture company is going to use Advanced Fractionator Technology to make medical oxygen concentrators under license. It will also develop more advanced, cost-competitive, lighter, more compact and Asia-oriented medical oxygen generators. The joint venture company exists to help those who can benefit from its products and, in so doing, to become the world’s leading company for professional Home Oxygen Concentrators.

Tatung Company
Tatung Company was established in 1918 by the late Mr. Shan-Chih Lin. Wishing to build a company based on the principles of "honesty, integrity, industry and frugality," he established very good reputation for remarkable achievement in the business community. Since 1942, Dr. T. S. Lin, CEO have led Tatung into home appliances, industrial machinery, and other businesses. Now, Tatung becomes a worldwide leader in the design and manufacturing of a vast array of digital consumer products, including consumer PCs, LCD TVs, PDPs, network-connected devices, storage-based media players, videophones and home appliances.

SeQual Technologies Inc.
SeQual Technologies Inc. was founded in 1993 in San Diego, California and holds a total of 19 patents related to pressure swing adsorption technology. SeQual’s patented Advanced Technology FractionatorR technology uses rotary valves to provide stable oxygen at varying flow rates. A leading provider of movable medical grade oxygen concentrators providing high-purity oxygen, SeQual was also the first company to distribute 10 liter per minute home oxygen concentrators and is still the leading manufacturer worldwide.

Joint Venture of Two Top Enterprises --- SeQual Technologies Co., Ltd.

SeQual Technologies Co., Ltd - the joint venture of Tatung Company and SeQual Technologies Inc. will begin production in 2004. Its primary products will be medical grade home oxygen concentrators, on-site movable oxygen generation systems and other respiratory products. In addition to the current products, SeQual Technologies Co., Ltd. will work with SeQual Technologies Inc. to develop the first portable oxygen concentrator in the world that can be continuously used for more than five hours. This portable oxygen concentrator will provide the best and most convenient service to patients who need oxygen at home, outside, and traveling.

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