Bio News
The Ministry of Health and Welfare and the Ministry of SMEs and Startups held an on-site meeting to develop measures for fostering K-pharma and biotech frontier companies.
The two ministries will select 50 frontier companies annually in the fields of new drug development, digital health and medical devices, and biomaterials and production technologies, and provide tailored support in stages.
The Ministry of Health and Welfare and the Ministry of SMEs and Startups plan to establish a support system that links policy tools from research and development through clinical trials, commercialization, and global expansion, tailored to each company’s stage of growth.
BIOBOOK TEAM
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