Government urged to finance drugmakers

Published: 2010-04-13 07:00:00

Updated: 2010-04-13 07:00:00

Korea has unveiled an ambitious vision to develop 15 new drugs through the creation of a large-scale R&D fund and undertaking clinical studies on behalf of local firms.

The Ministry for Health, Welfare and Family Affairs announced recently that it will invest 1.49 trillion won by 2020 through its B&D (Bridging & Development for Cancer Therapeutics) to make local pharmaceutical firms more glo...

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