This is an annual forum supported by Korea Health Industry Development Institute (KHIDI). A major goal of this forum is to bring together academics, research institutes, and healthcare leaders in Korea and USA to highlight R&D efforts in joint research or research collaboration in biomedical field. Particularly, Korea-USA joint research programs newly launched will be introduced and discussed including problems that researchers can face for the differentiation between Korea and USA policies relating R&D funding. Most importantly, this forum will discuss future directions and strategies for researchers of both countries to collaborate in biomedical R&D.