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Health & Medicine
Mahesh

07/05/22 07:05 AM IST

Pharmaceutical Innovation and Entrepreneurship

In News 
  • Department of Pharmaceuticals releases “Common Guidelines on Pharmaceutical Innovation and Entrepreneurship” for academic institutions.
Policy Guidelines
  • Encourages the faculty/staff members and students to pursue entrepreneurship;
  • Formulate policies & foster an ecosystem to generate ideas across disciplines that can be transformed into successful technologies, products, and services;
  • Establish a mechanism for technology development and technology transfer;
  • Create institutional framework for effective implementation, monitoring, and evaluation of the policy; and
  • Promote pharmaceutical innovation and entrepreneurship to foster the unmet therapeutic, socially impactful technologies delivering benefits to mankind
National Institutes of Pharmaceutical Education and Research 
  • NIPERs have recently launched a common Research portal for industry and researchers and have also prepared a Common Research Programme based on the national needs and their own expertise and facilities.
  • The department is also soon coming up with a ‘Policy to catalyze Research & Development and Innovation in the Pharma- MedTech Sector in India’.
Source-PIB 

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