MOTIE decides to invest KRW 38.5 billion for early-phase bio-ventures

Published: 2016-12-02 15:31:24

Updated: 2016-12-02 15:31:24

A route was created for Korean biotechnology ventures to easily attract investments in their early phase.

It was announced on the 30^th of November that the Ministry of Trade, Industry and Energy(MOTIE) and 17 private investors including LSK Investment invested the total KRW 38.5 billion(KRW 10 billion from the ministry and KRW 28.5 billon from the investors) to create funds to nurture early-p...

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