Lytone Enterprise Honored with Prestigious Gold Award at 2023 Taiwan BIO Awards

Demonstrating leadership across functional foods, animal health, and agricultural biotechnology, Lytone Enterprise, Inc. (TWSE: 1293) has been awarded the coveted Gold Award for Most Outstanding Company at the 2023 Taiwan BIO Awards under the Applied Biotech, Agriculture, Food, and Cosmeceuticals category.

Backed by robust international patent portfolios and a strategic focus on underserved sub-health markets, Lytone has achieved continuous year-over-year revenue growth despite global economic headwinds—a testament to its resilient corporate strategy and technological excellence.

Taiwan BIO Awards: Spotlighting Global Competitiveness in Biotechnology

Organized annually by the Taiwan Bio Industry Organization (Taiwan BIO), the Taiwan BIO Awards ceremony takes place alongside the BIO Asia-Taiwan convention, featuring presidential receptions and international press showcases.

Dr. Chung-Fan Wu, Chairman of Taiwan BIO, noted that the awards serve to honor industry leaders while discovering high-potential rising stars. Past awardees have demonstrated formidable international competitiveness and market expansion capabilities, offering global observers a window into Taiwan’s vibrant, multi-faceted biotech ecosystem—spanning novel biopharmaceuticals, CDMO services, cell therapy, medical AI, agricultural biotechnology, and nutraceuticals.

Driving Innovation Across 8 Health Domains and Post-Harvest Preservation

Responding to global population aging trends, Lytone Chairman Tien-Hung Chang highlighted Lytone's commitment to contract development and manufacturing services (CDMO). Lytone has successfully commercialized over 300 health supplement formulations spanning eight major health domains:

In agricultural biotechnology, Lytone developed LytoFresh® (formerly known as LeadFresh), a systemic post-harvest preservation platform designed to extend the commercial shelf life of fruits, vegetables, and cut flowers. LytoFresh® drastically reduces post-harvest loss from 50% down to 5%, enabling exporters to transition from expensive air freight to cost-effective ocean freight—significantly lowering transport costs while boosting international market competitiveness.

Rigorous Three-Month Evaluation Process

According to Dr. Wun-Chang Chang, Chairman of Taipei Medical University and Convener of the Award Committee, the selection process spanned three rigorous months of primary review, secondary evaluation, and final deliberation by a 15-member panel of distinguished experts from government, industry, and academia. Out of numerous applicants, only 13 organizations and technologies emerged victorious.

Gold Award recipients will be officially honored by government leaders during the upcoming BIO Asia-Taiwan convention, where Lytone will present its innovative technologies on the global stage, further expanding its international footprint.