Gyeonggi-do Collaborates with Medical Institutions to Develop Biomaterials... Recruiting Participants for Joint Research Institutions

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is recruiting medical institutions to participate in the joint development of medical materials.

The Gyeonggi Provincial Economic Science Promotion Agency announced on the 22nd that it is recruiting four medical institutions to participate in joint research for the development of materials based on medical resources to develop new drugs and therapeutics needed in medical fields.

This project focuses on advancing demand technologies utilizing medical resources, fostering the bio and pharmaceutical industries within the province, and improving corporate technologies.

In particular, based on clinical data and medical research and development (R&D) data accumulated in medical fields, joint research will be conducted with medical institutions in the province by utilizing the research infrastructure of the Gyeonggi Bio Center.

The agency plans to support local bio companies in utilizing the excellent outcomes derived from this to lead to the development of products needed in medical fields.

Eligible participants are medical institutions in the province currently conducting R&D for new drug development or bio product development. Selected institutions will receive up to 40 million KRW in research funding, and applications are open until the 9th of next month.

An Chi-kwon, Director of the Provincial Science and Technology Division, stated, "This project aims to help local bio companies enter the bio-health market and enhance their R&D competitiveness by utilizing excellent resources from medical fields in the province and the research infrastructure of the Gyeonggi Bio Center. We will spare no effort to provide multifaceted support so that bio and pharmaceutical companies can grow by maximizing the use of bio resources in the province."

This content was produced with the assistance of AI translation services.