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Korea launches cross-ministry advanced medical device R&D, issues new call

South Korea’s Ministry of Science and ICT, Ministry of Trade, Industry and Energy, Ministry of Health and Welfare and the Ministry of Food and Drug Safety are launching a cross-ministry advanced medical device R&D programme, the government said on Tuesday. The 2026-2032 programme will invest 940.8 billion won. In its first year it will fund 106 new projects, including global flagship devices, core technology and product development, and measures to strengthen entry into clinical settings.