AstraZeneca to invest more in Korean R&D

18 June 2019

Anglo-Swedish pharma major AstraZeneca (LSE: AZN) has expanded its investment in research and development (R&D) in South Korea.

Over a period of five years, the company will back the Korean government’s health industry innovation strategy, a cycle that links industry, hospitals, academia, and governments.

AstraZeneca will join with agencies in the Asian country to deliver mentoring for life sciences start-up companies, collaborate on new technologies such as artificial intelligence, and help firms with challenges such as entering overseas markets.

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