Biopharma Shakti mission launched with an outlay of Rs 10,000 crore over the next five years to promote India as a manufacturing hub for complex biological drugs.
The mission aims to boost domestic production of biologics and biosimilars to combat non-communicable diseases.
Three new National Institute of Pharmaceutical Education and Research (NIPER) will be established, and seven others will be upgraded.
A network of 1,000 accredited clinical trial sites will be created to facilitate drug development and approval.
Detailed Insights:
The Biopharma Shakti mission addresses India's shifting disease burden towards non-communicable diseases like diabetes, cancer and auto-immune disorders.
Biologic medicines are considered crucial for improving longevity and quality of life at affordable costs.
Strengthening the Central Drugs Standard Control Organisation (CDSCO) to meet global standards is a key focus.
The government plans to create a dedicated scientific review cadre and specialists to expedite drug approvals.
The initiative aims to capture a share of the global clinical trial market by bringing manufacturing to India.
Key Concepts Involved:
Biologics: Medicines derived from living organisms, used to treat various diseases.
Biosimilars: Biological products that are similar to an already approved biologic medicine.
Clinical Trials: Research studies to evaluate the safety and efficacy of new medical treatments.
CDSCO: National regulatory body for pharmaceuticals and medical devices in India.