Sign In
Learn bits
Science & Tech.
Pradeep Kumar

24/03/21 09:23 AM IST

National Biopharma Mission

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 

More Related Current Affairs View All

04 Aug

Maharashtra’s new security Bill

'The Maharashtra Legislature passed the Maharashtra Special Public Security Bill or a ‘Bill to provide for effective prevention of certain unlawful activities of Left Wing Ex

Read More

04 Aug

New Project to curb rhino poaching through radioactive isotope injections

'Recently, South African scientists injected radioactive material into live rhinoceros horns to make them easier to detect at border posts in a pioneering project aimed at curbing

Read More

04 Aug

National Sports Governance Bill

'Recently, the Ministry of Youth Affairs and Sports introduced the National Sports Governance Bill, 2025 in the Lok Sabha. ' The National Sports Governance Bill, 2025 draws from

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps