मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
'Pharma R&D scheme helpful only for incremental items'
Financial Express Pune
|October 06, 2025
THE GOVERNMENT'S RECENT overhaul of the Promotion of Research and Innovation in Pharma-MedTech Sector (PRIP) scheme maystill fall short of creating a robust ecosystem for the development of novel drugs in India, industry experts believe.
Developinganewdrug molecule (new chemical entity) can cost anywhere between $2-4 billion. With a total estimated outlay of 5,000 crore, the scheme is seen as inadequate, even considering that a significant share of funding will need to come from pharmaceutical companies themselves — either as equity or debt, experts said.
The scheme offers direct financial support in the form of non-repayable grants to eligible entities, covering a portion of their project costs overa five-year period.
“The schemewas notified in 2023 but due to weak industry
यह कहानी Financial Express Pune के October 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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