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National Assembly to back local pharmaceutical industry

Published: 2012-07-30 07:00:00
Updated: 2012-07-30 07:00:00
The National Assembly has unveiled an ambitious vision to support the domestic pharmaceutical industry through further expansion of R&D budget alloted to the Ministry of Health and Welfare and offering various tax benefits to local companies.

In a conference titled ‘Pharma Korea 2020,’ held at Hotel Lotte in Seoul on Thursday, the Assembly’s Health and Welfare Committee chairman Oh Jae-sae s...

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