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Booster dose for bulk drug production, government invites EoI from companies

The project aims to set up common facilities for companies and upgrade any existing one

Veena Mani  |  New Delhi 

The department of pharmaceuticals has invited an Expression of Interest (EoI) from companies to set up clusters largely for producing bulk drugs. This is the fourth such phase; the earlier ones weren't a hit with the pharma industry. The cluster scheme is a public-private partnership (PPP) project, where the government will fund up to 70 per cent of the project cost or up to Rs 20 crore to set up a cluster. The project aims to set up common facilities for companies and upgrade any existing one. The EoI invitation says the prime motive for the latest scheme is to “boost ...

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Booster dose for bulk drug production, government invites EoI from companies

The project aims to set up common facilities for companies and upgrade any existing one

The project aims to set up common facilities for companies and upgrade any existing one The department of pharmaceuticals has invited an Expression of Interest (EoI) from companies to set up clusters largely for producing bulk drugs. This is the fourth such phase; the earlier ones weren't a hit with the pharma industry. The cluster scheme is a public-private partnership (PPP) project, where the government will fund up to 70 per cent of the project cost or up to Rs 20 crore to set up a cluster. The project aims to set up common facilities for companies and upgrade any existing one. The EoI invitation says the prime motive for the latest scheme is to “boost ... image
Business Standard
177 22

Booster dose for bulk drug production, government invites EoI from companies

The project aims to set up common facilities for companies and upgrade any existing one

The department of pharmaceuticals has invited an Expression of Interest (EoI) from companies to set up clusters largely for producing bulk drugs. This is the fourth such phase; the earlier ones weren't a hit with the pharma industry. The cluster scheme is a public-private partnership (PPP) project, where the government will fund up to 70 per cent of the project cost or up to Rs 20 crore to set up a cluster. The project aims to set up common facilities for companies and upgrade any existing one. The EoI invitation says the prime motive for the latest scheme is to “boost ...

image
Business Standard
177 22