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India Gives Big Push To Pharma And Biotech Innovation With A $2.13 Billion Fund Float

This article was originally published in PharmAsia News

Executive Summary

MUMBAI - Vaulting decisively forward from the archaic system of paltry, piecemeal financial allocation for discovery research, the Indian government has firmed up plans to set up a $2.13 billion (10,000 crore rupees) war chest to be utilized in the next five years for "drug discovery and strengthening the pharmaceutical infrastructure.

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A regular roundup of commercial stories appearing in Scrip’s sister publication PharmAsia News, whose multilingual team of regional experts provides authoritative business intelligence focused on the Asian marketplace. Full stories can be accessed by clicking on the story title (subscription required).

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A regular roundup of commercial stories appearing in Scrip’s sister publication PharmAsia News, whose multilingual team of regional experts provides authoritative business intelligence focused on the Asian marketplace. Full stories can be accessed by clicking on the story title (subscription required.)

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