# BIOTEQ's new factory in Yilan Science Park to start production in Q3 2024

BIOTEQ's new factory in Yilan Science Park, with a budget of NT$1.513 billion, will commence production of intra-body catheters in Q3 2024, targeting OEM orders from international medical device giants.

- Type: New facility
- Announced: 2024-03-13
- Where: Yilan Science Park, Taiwan, TWN
- Value: $48.0M (1.51B TWD)
- Starts operating: Q3 2024
- Status: under construction
- Capacity: nearly three times that of the old factory
- Products: intra-body catheters, TPU catheters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Bioteq Corp](https://endata.com/companies/46758.md)

## Sources

- [taiwan-healthcare.org](https://www.taiwan-healthcare.org/en/news-detail?id=0sa9inxjoa7s3iu8), 2024-03-13: "This year's most crucial task is to complete the licensing transfer for the factory in Yilan Science Park and secure orders for intra-body catheter OEM."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.