India Gives Big Push To Pharma And Biotech Innovation With A $2.13 Billion Fund Float
This article was originally published in PharmAsia News
Executive Summary
MUMBAI - Vaulting decisively forward from the archaic system of paltry, piecemeal financial allocation for discovery research, the Indian government has firmed up plans to set up a $2.13 billion (10,000 crore rupees) war chest to be utilized in the next five years for "drug discovery and strengthening the pharmaceutical infrastructure.