Government invites proposals under PRIP scheme for industry, startup projects; may provide assistance up to ₹100 cr

Government invites proposals under PRIP scheme for industry, startup projects; may provide assistance up to ₹100 cr

The government has invited applications for research and innovation projects under its Promotion of Research and Innovation in Pharma-MedTech Sector scheme to make it a globally competitive and innovation-driven sector, according to an official statement. With an approved outlay of Rs 5,000 crore, the scheme is expected to catalyse a Pharma-MedTech innovation pipeline by supporting…

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Scheme to promote innovation in pharma, medtech sectors to be launched this month: Pharma Secretary

Scheme to promote innovation in pharma, medtech sectors to be launched this month: Pharma Secretary

The government is looking to formally launch a scheme to promote innovation in the pharmaceutical and medtech sectors within this month, Department of Pharmaceuticals Secretary Amit Agrawal said on Tuesday. The Promotion of Research and Innovation in Pharma MedTech sector (PRIP) scheme was notified on August 17, 2023, with a total financial outlay of Rs…

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