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4 Major R&D Projects on Oriental Medicine Selected
November 5, 2004
The government has decided to subsidize four major R&D projects on oriental medicine, including the development of medicine made with extracts from herbs to treat incurable diseases, according to Ministry of Health and Welfare (MOHW) on October 18. Selected for 2004, the four development projects are two new medicines with extracts from medicinal herbs, one regarding acupuncture and one oriental medical device.
The project in medicine is to develop treatment extracted from medicinal herbs to cure incurable diseases. The chief researcher will be Professor Im Jong-soon of Daejeon University.
In the oriental treatment tech division, Kyung Hee University has been chosen as the research body for the development of a non-invasive acupuncture technique using nano-particles. Professor Kang Sung-kil has been named the chief researcher.
In the oriental medicinal apparatus field, researcher Kim Jong-yeol of the Korea Institute of Oriental Medicine has been given the responsibility for "developing a ubiquitous oriental medicinal health management system."
In another oriental medicine sector, Professor Chung Man-kil of Yonsei University has been named the leader in developing oriental medicinal treatment preventing and curing diabetes-type blood vessel complications.
The MOHW has financed R&D projects concerning long clinical experience and knowledge, and the information system of oriental medicine since 1998. The government has improved the competitive edge of the oriental medicine industry through systematic cooperation among related sciences, such as oriental medicine, Western medical and pharmacy, combined with biotechnology (BT) and nano-technology (NT) based on fundamentals and the outcome of R&D. The ministry has added another R&D field of "oriental medicinal bio-fusion," as one of the projects contributing to the people's health.
In particular, this year the MOHW and the Ministry of Science and Technology (MOST) have jointly undertaken oriental medicinal bio-fusion research for a successful start. With the applications closed on Sept. 2, quality projects flooded in, making the success ratio 15:1. Researchers showed keen interest in the science of oriental medicine. The two government agencies have screened the projects through a joint assessment committee with the help of the Korea Health Industry Development Institute and the Korea Institute of S&T Evaluation and Planning.
"The selected research teams will be subsidized for up to 500 million won a year for three years and the outcome of the bio-fusion research of oriental medicine will come in a few years. We will make the program for 2005 based on the analysis of the process and outcome of the previous projects," said an MOHW official.