To improve the level of cooperation in traditional medicine innovation, the University of Macau (UM) took the initiative to establish the Traditional Medicine Innovation Alliance with top universities and research institutes in Singapore, Hong Kong, Malaysia, and South Korea. The inauguration ceremony and first board of directors meeting of the alliance was held today (10 October). Initiated by UM, the National University of Singapore, the Hong Kong Polytechnic University, the Sarawak Biodiversity Centre in Malaysia, and Seoul National University in South Korea, the alliance will bring together experts and institutes in traditional medicine in the region to create a new landscape for the traditional medicine industry in Asia. Speaking at the ceremony, Yonghua Song, rector of UM, said that the alliance will contribute to the Macao SAR’s economic diversification and the high-quality development of the Chinese medicine industry in Macao. He also expressed hope that the alliance members will work together to improve the level of cooperation between Asian universities and research institutes in traditional medicine innovation and the commercialisation of research results, and develop in-depth cooperation in the areas of resource sharing, research collaboration, talent cultivation, collaborative innovation, and social services.