Question : INVESTMENT FOR RESEARCH OF DRUGS



(a) whether the Government proposes planned investment for research of drugs;

(b) if so, the details thereof; and

(c) the mode and the manner in which the proposed investment is planned during the Eleventh Plan Period?

Answer given by the minister


MINISTRER OF THE STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI SRIKANT KUMAR JENA)

(a) Yes, Sir.

(b) to (c) A study is being made through National Institute of Public Finance and Policy (NIPFP) on establishment of an Indian Pharma Innovation Venture Fund for Drug Design, Discovery and Development.