Taicang Biomedical Industrial Park, known as "Taicang Pharmaceutical Valley", is a high-tech industrial park established in 2012. Its 6-square-kilometer core area has already been completed. The park takes biological new drug, medical service outsourcing like CRO, CDMO, etc. And medical equipment as its three key development industries, and strives to build a comprehensive park integrating agglomeration development, innovation development and development of the biomedical industry.

The park has gathered nearly 400 biomedical enterprises and introduced many large-scale biomedical enterprises with strong innovation and development potential, such as JOINN Laboratories (Suzhou), SALUBRIS (Suzhou) Pharmaceutical Co., Ltd., Suzhou BACME Biotech Co., Ltd., Cyagen Model Biological Research Center, Sinopharm, and so on.