President Yoon Suk Yeol vowed strong government support for domestic biohealth players in order to foster the industry as the country's core strategic business. During a meeting he presided over at the former presidential office compound of Cheong Wa Dae, Tuesday, Yoon said that the biohealth field, which includes pharmaceuticals, medical devices, medicines and bioengineering, has enormous growth potential, calling the sector “Korea's next semiconductor.”
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