Pharma research approval system to be put on fast track – Feedback

The BJP-led NDA government will set up a single window approval system that will clear in 30 days what four different committees took 3-4 years in a major boost to innovation in medical research and will help improve India’s sagging reputation in the area of ease of doing business.

The government think-tank Niti Aayog has written to Health Ministry to restructure the entire approval process for innovation in medical research as part of the government’s move to make India a hub for innovation and manufacturing. “There is a need to encourage and support innovators on approval procedures and regulatory requirements. I would appreciate your convening a meeting and restructuring the entire approval process,” said Niti Aayog in a letter written by CEO Amitabh Kant.

http://health.economictimes.indiatimes.com/news/pharma/pharma-research-approval-system-to-be-put-on-fast-track/55467055

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *