South Korean government to raise KRW 500 billion funds for bio and vaccine industries

Createdd 2022-07-29 Hit 236


The Ministry of Public Health and Welfare announced its plan to establish K-Bio-Vaccine funds worth KRW 500 billion to support relevant industries this year. Moving forward, the fund is expected to grow double in its size and assist biomedical businesses to advance in global competition over new medicines and vaccines. The government also vowed to shorten the period of regulatory procedures. Click the news below for more information: