₹5,000 Crore PRIP Scheme to Boost Pharma & MedTech R&D

India Launches

By:  career varta

PRIP (Promotion of Research & Innovation in Pharma-MedTech) is a government initiative to strengthen India’s pharmaceutical and medical technology research ecosystem.

What Is PRIP?

01

₹700 crore → Centers of Excellence (CoEs) at NIPERs ₹4,250 crore → Research funding across pharma & MedTech

02

Funding categories include: • Industry-Academia Partnerships (up to ₹125 Cr) • Lab-to-Market Transition (up to ₹100 Cr) • Emerging Innovators (MSMEs/Startups, up to ₹1 Cr)

Who Can Apply?

"Focus Areas: New chemical/biological entities, generics & biosimilars, precision medicine, medical devices, orphan drugs, AMR treatments."

"Application window ongoing. Looking to transform India’s pharma & MedTech future. Stay tuned for your chance to benefit from PRIP."

What’s Next?