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India Plans Half Billion-Dollar Investment In Neglected-Disease Drugs

This article was originally published in PharmAsia News

Executive Summary

India's government plans to invest $483.4 million into research and development of innovative drugs to spur development of treatments for neglected diseases. The program is said to be one of the biggest R&D initiatives in the drug industry. The government investment, however, relies on private industry to match its investment. In all, the Indian government plans to accumulate $1 billion over the next five years to use in promoting innovative drugs, half of the funds restricted to the domestic industry. (Click here for more



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