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Govt offers startups up to ₹50 cr for new drug discovery under pharma scheme

Katherine Langford
Editor-in-Chief · Thursday, October 15, 2026 at 1:26 PM · 1 min read
Govt offers startups up to  ₹50 cr for new drug discovery under pharma scheme — Mint India, Menlo Park Technology news
Image: Mint India

Promotion of Research and Innovation in Pharma amp; MedTech scheme has a total financial outlay of ₹5,000 crore, which includes ₹700 crore to establish Centers of Excellence at seven National Institutes of Pharmaceutical Education amp; Research, and ₹4,200 crore to accelerate investments in R amp;D.

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