Government announced policy to encourage new drug development, and they emphasized to promote CRO

Last year, the government announced policy to encourage new drug development, and as a part of policy, they emphasized to promote CRO (Contract Research Organization). The scale of CRO world market is about $ 21.5 billion (as of 2010, about 2.1 trillion won), growing by 10% annually.

The number of domestic clinical trial approvals was only 42 cases in 1998, but steadily increased except in 201...