Government to expand R&D spending

Published: 2011-11-15 06:56:00

Updated: 2011-11-15 06:56:00

The Ministry of Health and Welfare unveiled its plan to support innovative pharmaceutical companies to be selected based on their research & development performance and potential for exports, according to the Korea Drug Research Association.

Citing an official letter released by the health ministry, the KDRA said that the ministry will support small- and medium-sized companies investing 5-7 ...

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