- More Info
-
prip.pharma-dept.gov.in
LinkedIn
- Organization
- Ministry of Chemicals & Fertilizers, Government of India (Department of Pharmaceuticals)
- Fund type
- Equity | Other
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation
- Target
- Private Limited Company | Limited Liability Partnership | Academic/ Research Institutes | MSME
- Fund range
- Rs. 25 lakhs- Rs. 50 lakhs | Rs. 50 lakhs- Rs. 2cr | Rs. 2 cr- Rs. 10 cr | Greater than Rs. 10 cr
- Fund stages
- A. Technology Development | B. Patent Protection | C. Technology In-Licensing | D. Technology Scale-up/ Validation / De-risking | E. Market Entry
The scheme has a total financial outlay of ₹5000 crores, which includes ₹700 crores to establish Centers of Excellence (CoEs) at seven National Institutes of Pharmaceutical Education & Research (NIPERs), and ₹4200 crores to accelerate investments in the R&D ecosystem within the sector.
Purpose
A. Grants to NIPER for establishing CoE
B. Promotion of Research and Innovation in Pharma and Medtech sector- projects can be either early stage or later stage with certain differences in the scheme. Every beneficiary to whom financial assistance is disbursed for a Project has to select one of the following options for benefit-share- fixed rate payout, tiered rate payout or share allotment.
Scheme: https://prip.pharma-dept.gov.in/resources/20.%20Scheme.pdf