In order to promote the development of Taiwans biotechnology industry and its expansion into the global marketplace, Taiwan and Poland have signed the "Taiwan-Poland Memorandum of Understanding (MoU) on the Cooperation over Pharmaceuticals and Medical Devices" on January 14, 2016. The content of the MoU primarily covers information exchanges with regards to pre-market management, clinical trials, regulations, and post-market monitoring of pharmaceuticals and medical devices. The MoU also calls for the planning and promotion of related seminars and studies. 
The signing of this MoU has successfully expanded exchanges and cooperation between Taiwan and Poland with regards to pharmaceuticals and medical devices. This will provide the regulatory system surrounding this industry with the benefits of greater harmony, efficiency, and predictability, thus further promoting trade, investment, and regional economic integration. Moreover, the public can also immediately start to use pharmaceuticals with improved safety and excellent quality, thus contributing to the betterment of global public health.