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Promotion of Research and Innovation in Pharma MedTech sector

🚀 Call for Applications under PRIP Scheme is NOW LIVE!

Promotion of Research and Innovation in Pharma MedTech sector (PRIP)

A landmark policy to support ~₹11,000 crore worth of industry & startup-led research and innovation projects in the Pharma–MedTech sector.

What’s New in PRIP (Amended Scheme):
💰 Higher support for early-stage projects
🌍 Flexible pathways (academic collaboration, TRLs & more)
🧪 Idea-to-Market: from early-stage to advanced TRLs
🛡 Public health priorities at the core

🔑 Scheme Highlights:

  • Outlay: ₹5000 Cr (₹700 Cr for CoEs at NIPERs + ₹4200 Cr for R&D ecosystem)

  • Early Stage (TRL 1–3 → up to 5):
    👉 Startups & MSMEs only
    👉 Up to ₹1 Cr (100% funded)
    👉 ₹1–5 Cr: 50% project cost support

  • Later Stage (TRL 4–6 → higher TRLs):
    👉 Support up to ₹100 Cr
    👉 35% of project cost covered
    👉 Strategic priority projects: up to 50%

🌟 Goals of PRIP:
✅ Accelerate discovery, development & commercialization of drugs
✅ Drive innovation in MedTech & medical devices
✅ Strengthen industry–academia collaboration
✅ Transition from cost-based to innovation-driven growth

👉 Apply now on the official PRIP Portal:
🔗 https://prip.pharma-dept.gov.in/


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Biopatrika News Desk
Biopatrika News Deskhttp://www.biopatrika.com
Life science news, jobs, careers, fellowships, admissions, and interviews. BioPatrika covers academia, startups, and industry, bridging the gap between science and society

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