Terence has dedicated over 20 years in technology ventures in the development and commercialization of innovative biotechnological products in the area of genetic testing and molecular diagnostics. He started his career in a renowned Swiss-based multinational company, and was then involved in setting up biotechnology companies offering innovative products and services for clinical, food and veterinary applications in relevant industries. He directed the first laboratory in Asia to obtain ISO 17025 accreditation for quantitative genetically modified organism (GMO) analysis in the early 2000s and has developed over a hundred products that are available globally. He also led the development of molecular avian influenza virus (AIV) detection products (including subtype H5) which were the first molecular AIV test kits that received official government regulatory approval (Japan).

Before joining Avalon, Terence was the Interim Associate Vice President (Innovation and Technology Development) and the Director of Innovation and Technology Development of The Hong Kong Polytechnic University (PolyU). He oversaw innovation and technology related strategic initiatives and at the same time, he supervised research projects and led the development of the novel in-vitro diagnostic technology in collaboration with Avalon. He is currently also an Adjunct Professor at PolyU and the Hong Kong Baptist University.

Terence actively contributes his knowledge and experience to various industry organizations and government departments. He is currently members of the Advisory Council for Food and Environmental Hygiene, Expert Committee on Antimicrobial Resistance and the Enterprise Support Scheme and was a member of the Small and Medium Enterprise Committee, the Working Group of IP Trade, the Small Enterprise Research Assistant Programme, the GMO (Control of Release) Expert Group of the HKSAR Government and many others. He was also Senior Advisor to the United Nations Office for Project Services. He is currently a committee member of the National Committee on Biometrology of China.

Terence has co-authored a number of peer-reviewed scientific articles and book chapters. He is the co-inventor of a number of patents and has also co-developed five Chinese National Standards. Terence received his research training at Indiana University (Bloomington) and Stanford University School of Medicine. He is the recipient of the Beijing Municipal Technology Award, Chinese Medical and Technological Award and International Leadership Award from the International Association for Food Protection. Dr Lau received his B.Sc.(Hons) in Animal and Plant Biotechnology from The University of Hong Kong, M.Phil. in Biology from The Hong Kong University of Science and Technology and a Ph.D. in Physiology from Peking University.