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Brief
"On January 23rd, 2025, the Ministry of Health and Welfare issued an update regarding 'A new continent of vast possibilities, the opening of an era of advanced biotechnology, bringing together all bio capabilities as a public-private team'. This marks the establishment of the National Bio Committee to lead the country's bio industry with a comprehensive strategy, including the creation of a 1 trillion won fund and plans for a cluster-based innovation system."
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