[2026-04-02]Korea Launches 4UP Strategy to Boost Pharma-Bio Ventures and Global Competitiveness

The Korean government has announced a comprehensive policy to support pharmaceutical and bio ventures through the 4UP strategy.
This initiative aims to address funding gaps, accelerate new drug development, and enhance global market competitiveness.
The policy was unveiled on March 24, 2024, and is now being implemented through joint ministerial collaboration.