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India launches PRIP scheme with ₹5,000 crore to fund 300 pharma and medtech R&D projects starting Oct. 1, 2025.
India has launched the PRIP scheme, allocating Rs 5,000 crore to support around 300 pharma and medtech R&D projects with a total value of about Rs 11,000 crore.
Starting October 1, 2025, startups and MSMEs can apply for early-stage projects with up to Rs 5 crore in funding—100% for the first Rs 1 crore and 50% for the rest.
Later-stage projects may receive up to Rs 100 crore, covering 35% of costs, with up to 50% support for strategic areas like rare diseases, antimicrobial resistance, and pandemic pathogens.
Applications are submitted digitally via a government portal to boost innovation and health security.
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India lanza el esquema PRIP con ₹ 5,000 crores para financiar 300 proyectos de investigación y desarrollo farmacéutico y de tecnología médica a partir del 1 de octubre de 2025.