Union Cabinet approves Pharma Mission to Develop Bio-Pharmaceuticals

Posted on:18 May 2017 15:38:04
Union Cabinet approves Pharma Mission to Develop Bio-Pharmaceuticals
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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