Sin­ga­pore to in­ject fund­ing in Chi­nese medicine sec­tor

BioSpectrum (Asia) - - Regulatory News -

The Min­istry of Health (MOH) in Sin­ga­pore an­nounced that it will be de­vel­op­ing the Tra­di­tional Chi­nese Medicine (TCM) sec­tor by pro­vid­ing ad­di­tional fund­ing for TCM re­search and to sup­port skills devel­op­ment and ca­pa­bil­ity build­ing for TCM pro­fes­sion­als.

Ac­cord­ing to MOH, the gov­ern­ment will pro­vide a fur­ther fund­ing of $5 mil­lion over the next five years for the Tra­di­tional Chi­nese Medicine Re­search Grant (TCMRG) to en­cour­age collaborative re­search be­tween re­searchers in pub­lic health­care in­sti­tu­tions, TCM in­dus­try players and in­sti­tutes of higher learn­ing.

This is in ad­di­tion to the $3 mil­lion which had ear­lier been put aside for the TCM sec­tor in De­cem­ber 2012 for the same pur­pose. To date, two grant calls have been made and we have re­ceived a to­tal of 47 pro­pos­als. An­other pri­or­ity area MOH men­tioned is to help TCM prac­ti­tion­ers stay rel­e­vant with their pro­fes­sional knowl­edge and en­cour­age con­tin­ual pro­fes­sional learn­ing. MOH will set up a $5 mil­lion TCM Devel­op­ment Grant (TCMDG) to sup­port skills devel­op­ment and ca­pa­bil­ity build­ing for TCM pro­fes­sion­als.

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