Three innovative healthcare projects are among those being funded by a P1.92 billion budget granted by the government to the Philippine California Advanced Research Institute (PCARI) as part of the Duterte administration’s drive to bolster the country’s knowledge economy.

PCARI is a program of the Commission on Higher Education (CHED). The institute explained that the “knowledge economy” is value generated through intellectual capital, which are a key part of all the approved projects.

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