Union Cabinet approves Pharma Mission to Develop Bio-Pharmaceuticals
Posted on:18 May 2017 15:38:04
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18 May 2017 Current Affairs:
The Cabinet Committee on Economic Affairs (CCEA) approved a programme for the development of bio pharmaceuticals through industry-academia collaboration, entailing an investment of Rs 1,500 crore by it over a period of five years.
The programme will focus on the development of specific products such as vaccines, biotherapeutics, medical devices.
The mission will be implemented by Biotechnology Industry Research Assistance Council (BIRAC) – a public sector undertaking of Department of Biotechnology (DBT).
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