What are the government’s plans for investment into new drug in 2018?

The government is planning to enlarge support for new drug development in the initial phase, reduce the support in the commercialization phase, like Phase 3 clinical trials, and promote investments into private companies.

The Ministry of Science, ICT and Future Planning(MSIP) announced the plan for R&D investment into the life and medical field, such as new drug and stem cell, at the ‘2018 Gov...