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Manufacturing license for clinical drugs can be separated from product license

Published: 2007-08-31 07:00:00
Updated: 2007-08-31 07:00:00
The National Assembly's Health and Welfare Committee on August 28 passed a bill allowing the separation of a manufacturing license for clinical drugs from a product license.

The revised pharmaceutical law is part of a government effort to ensure an earlier commercialization of biopharmaceuticals by minimizing the facility investment of new startups.

Under the bill, any venture firm will b...

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