MOHW, “Tax deductions for biobetters and innovative drugs will soon be legalized”

Published: 2016-05-11 11:06:55

Updated: 2016-05-11 11:06:55

Soon, measures to deduct taxes on R&Ds for biobetters and innovative drugs is expected to be legalized.

Vice Minister Moon-gyu Bang of Health and Welfare held the ‘2^nd Private and Public Council to Foster Bio-Health Industry’ on the 10^th and announced the plan.

“The government has sought various plans to become the top 7 pharmaceutical powers by 2020,” Minister Moon-gyu Bang stressed, “In par...

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