TNPSC Thervupettagam

Schemes for Medical and Pharma sector

October 17 , 2023 396 days 388 0
  • The Ministry of Chemicals and Fertilizers has launched initiatives to nurture Innovation, research, and development in the Medical and Pharmaceutical sectors.
  • These Initiatives are
    • National Policy on Research and Development and Innovation in Pharma-MedTech Sector in India and
    • Scheme for Promotion of Research and Innovation in Pharma MedTech Sector (PRIP).
  • Indian pharmaceutical industry is the 3rd largest pharmaceutical industry in the world by volume with current market size of around USD 50 Billions.

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