Presidential candidate Jae-Myung Lee of the Democratic Party of Korea announced that he will prepare an appropriate compensation system for domestically developed drugs and new drugs that conduct clinical trials in Korea and enact a ‘Special Act on the Development of the Biohealth Industry’ to foster and develop the Korean bio-health industry into a global leader.

Lee also expressed his ambition to establish a public-private matching-fund type megafund to drive the transformation of Korea's bio-health industry.

In addition, Lee pledged more specific healthcare policies such as the legislation of public late-night pharmacies, the establishment of a state-led public e-prescription syste