Government budget on R&D new drug projects expected to grow slightly next year

The Korea Drug Research Association said that the government funding designed to promote the domestic pharmaceutical industry's R&D new drug projects is expected to grow slightly next year, as a result of its vigorous petitions hitherto.

Pharmaceutical business sources said that amid annual shrinkage budget trend on R&D new drug sector since 1995, the government abruptly suspended its R&D as...