Government to inject 16.7 billion won into new oriental medicine development projects

Published: 2009-03-18 06:56:00

Updated: 2009-03-18 06:56:00

The Ministry of Health, Welfare and Family Affairs has announced that it will inject 16.7 billion won next year into projects aimed at developing new natural medicines based on established formulation of oriental medicines and modern biotechnology.

The ministry said that PG102, a novel herbal medicine for treatment of osteoarthritis, has been finally transferred to PMG Pharma through a contr...

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