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Gov't to Spend KRW 1.35 B on 3D Printing Knowhow to Foster Medical Equipment Industry

According to Yonhap News,

(SEOUL=Yonhap News) South Korea's science ministry said Wednesday that it will spend 1.35 billion won (US$1.2 million) this year to develop core expertise in 3D printing to help build up the country's medical instrument sector.

The 2018 budget will be spent to assist one promising company for a year to help it develop 3D printing technology so it can manufacture various medical instruments, the Ministry of Science and ICT said. Of the total to be allocated, half will come from the government and the rest from the private sector.

The ministry said it aims to help the company produce artificial bones or rehabilitation devices using 3D printers.

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Source: Yonhap News (May 09, 2018)

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