Formation of R&D consortiums needed to promote domestic R&D new drug projects

Published: 2003-12-09 06:57:00

Updated: 2003-12-09 06:57:00

There is mounting consensus in domestic pharmaceutical industry that the breakthrough for better competitiveness of Korean pharmaceutical firms in the global arena is to ensure the efficiency of R&D spending through the formation of consortiums, according to pharmaceutical business sources.

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