In news
Department of Biotechnology (DBT), has initiated the National Biopharma Mission entitled: “Industry-Academia Collaborative Mission for Accelerating Discovery Research to Early Development for Biopharmaceuticals.
Objective
- Development of products from leads that are at advanced stages in the product development lifecycle and relevant to the public health.
- Strengthening and establishing shared infrastructure facilities for both product discovery validation and manufacturing
- Developing human capital by providing specific training to address the critical skills gaps in researchers, nascent biotech companies across the product development value chain, including in business plan development and market penetration.
- Creating and enhancing technology transfer and intellectual property management capacities and capabilities in public and private sector.
National Biopharma Mission
- The National Biopharma Mission (NBM) is an industry-Academia Collaborative Mission for accelerating biopharmaceutical development in the country.
- Under this Mission the Government has launched Innovate in India (i3) programme to create an enabling ecosystem to promote entrepreneurship and indigenous manufacturing in the sector.
- The mission will be implemented by Biotechnology Industry Research Assistance Council (BIRAC).
- The mission was approved in 2017 at a total cost of Rs 1500 crore and is 50% co-funded by World Bank loan.
Source: PIB
