130 billion won of budget for R&D of health and medical industry.

The government allocated about 123,197 million won of R&D budget for the health and medical technology development in 2006, about 20% increase or 19,900 million more to that of 2005, which included about 7 billion won for the herbal therapeutic technology development project, 7.6% up from the previous year budget.

The 5th Health and Medical Technology Policy Review Council (Deputy commission...