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Brief
On December 20, 2024, the Ministry of Health and Welfare reported an update on the challenge, promotion of innovative research and development, and strengthening of advanced biotechnology capabilities. The government announced a significant increase in health and medical R&D budget for 2025, reaching ₩2 trillion 1047 billion won, a 14.9% increase from the previous year's ₩1 trillion 8324 billion won.
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