Govt offers startups up to ₹50 cr for new drug discovery under pharma scheme
Promotion of Research and Innovation in Pharma & MedTech scheme has a total financial outlay of ₹5,000 crore, which includes ₹700 crore to establish Centers of Excellence at seven National Institutes of Pharmaceutical Education & Research, and ₹4,200 crore to accelerate investments in R&D.
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