Health ministry to spend 2.5 trillion won on biotechnology

The Ministry of Health and Welfare announced recently that it would spend almost 2.47 trillion won on research and development of at least six biopharmaceuticals and three organ chips including consolidation of Korea's R&D infrastructure (842.5 billion won) for the next 10 years.

To that end, the health ministry drew up its basic plan consisting of 47 subjects in the 15 fields, part of the g...