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Government mulls project financing for new drug development

Published: 2007-07-03 06:57:00
Updated: 2007-07-03 06:57:00
The government plans to spur the local research and development projects of new drugs in commercial stage with its introduction of project financing, according to the Ministry of Commerce, Industry and Energy (MOCIE).

In a forum for domestic bioindustry on June 28, the ministry said it is considering introducing the project financing to help domestic drug makers focus on research and develop...

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