vaccine development Archives | Be Korea-savvy
S. Korea to Spend 6.3 tln Won for Corporate Investment in Vaccine Development

S. Korea to Spend 6.3 tln Won for Corporate Investment in Vaccine Development

SEOUL, Jan. 13 (Korea Bizwire) — Finance Minister Hong Nam-ki said Thursday the government plans to spend 6.3 trillion won (US$5.3 billion) to support corporate facility investment in vaccine development by 2024. The move is aimed at nurturing the vaccine industry as a key sector at a similar level to the semiconductor industry as South [...]

Korean Drug Firms in Early Stage of Coronavirus Vaccine Development

Korean Drug Firms in Early Stage of Coronavirus Vaccine Development

SEOUL, May 20 (Korea Bizwire) — South Korean pharmaceutical firms are in the beginning stages of coronavirus vaccine development, lagging behind U.S. rivals, industry sources said Wednesday. No domestic companies have received the green light for clinical trials for vaccine candidates from the drug safety authorities, though U.S. biotech firm Moderna announced Monday all participants [...]