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7.9 Billion Won Invested to Support New Drug R&D Next Year

Published: 2004-12-15 06:56:00
Updated: 2004-12-15 06:56:00
The Ministry of Health and Welfare (MOHW) has finalized a total allocation of 24.3 billion won of its budget to support strategic investments on medical, pharmaceutical and biotechnology projects, covering one-year period from December 2004 to November 2005.

In the area of new drug R&D, a total of 7.88 billion won is provided to support 5 existing and 6 new project areas. For healthcare equ...

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