Government to Create 100-Billion-Won Fund to Nurture Global Drug Companies

In order to encourage small- and medium-sized pharmaceutical companies to develop new drugs and expand overseas, the government will create an investment fund worth 100 billion won by July this year. To that end, the Ministry of Health and Welfare will chip in 20 billion won while other state-run organizations such as pension funds and public financial institutions will make up the remaining balance.
Korea IT Times