Government-funded R&D investment totaled 72.8 billion won for 4 years

The Ministry of Health and Welfare said it has invested a total of 72.8 billion won for 386 R&D new drug projects since 2001, according to data submitted to the National Assembly during the recent parliamentary inspection.
The data showed that the government has focused on its policies to capitalize on economically feasible R&D projects with highly potential commercialization instead of increm...