Common Guidelines on Pharmaceutical Innovation and Entrepreneurship

Department of Pharmaceuticals recently released “Common Guidelines on Pharmaceutical Innovation and Entrepreneurship” for academic institutions. It is prepared by the National Institutes of Pharmaceutical Education and Research (NIPERs).

Utility: UPSC, JPSC, BPSC Prelims & Mains
Section: Polity-Governance-Delimitation of Jammu & Kashmir

Key Points

  • The policy aims:
    • to transform the academic research into innovative and commercially applicable technologies/products;
    • build a strong ecosystem for nurturing creativity and entrepreneurial activities and
    • contribute to the self-reliant India mission (Atmanirbhar Bharat).
  • The Policy Guidelines aim to:
    • Encourages the faculty/staff members and students to pursue entrepreneurship;
    • Formulate policies & foster an ecosystem to generate ideas;
    • Establish a mechanism for technology development and technology transfer;
    • Create an institutional framework for effective implementation, monitoring, and evaluation of the policy; and
    • Promote pharmaceutical innovation and entrepreneurship to foster the unmet therapeutic, socially impactful technologies delivering benefits to mankind.
  • These Policy Guidelines, finalized with the approval of the Minister for Chemicals and Fertilizers have been forwarded to all NIPERs for taking up further steps for their speedy and effective implementation.

Involvement of the Department of Pharmaceuticals

  • The Vision of the Department of Pharmaceuticals is:
    • to promote the Indian pharma sector as the global leader in quality medicines and
    • to ensure the availability, accessibility, and affordability of drugs and medical devices in the country.
  • One of the measures to achieve the vision is to concentrate on Research & Development and innovation.
  • In order to achieve the same, the Department has set up seven National Institutes of Pharmaceutical Education and Research (NIPERs).
  • NIPERs have recently launched a common Research portal for industry and researchers and have also prepared a Common Research Programme.
  • Working towards the same goal, NIPER prepared ‘Common Guidelines on Pharmaceutical Innovation and Entrepreneurship’ for academic institutions under its control.
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