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Government funding may encourage local R&D projects, KPMA says
Published: 2004-11-02 06:58:00
Updated: 2004-11-02 06:58:00
The Korean government's substantial R&D investment will enable local pharmaceutical firms to spur their R&D new drug projects in the years ahead, said an official from the Korea Pharmaceutical Manufacturers Association.
In its recent report to the Office for Government Policy Coordination, the KPMA said the government need to offer pharmaceutical firms 5 to 20 billion won per project, which...
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