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Govt revamps financial assistance scheme for drug companies

Govt revamps financial assistance scheme for drug companies
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New delhiPharmaceuticals technology upgradation assistance schemeDepartment of pharmaceuticalsUnion health ministryRevised schedule mCosmetics actGood manufacturing practice

Centre expands technology upgradation support for pharma industry

Centre expands technology upgradation support for pharma industry
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Pharmaceuticals technology upgradation assistanceDepartment of healthScheme steering committeeDepartment of pharmaceuticals doMinistry of chemicalsRevised schedule mCosmetics ruleFamily welfare

Govt Launches New Scheme To Upgrade Small Pharma Units To Global Standards

Govt Launches New Scheme To Upgrade Small Pharma Units To Global Standards
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New delhiPharmaceuticals technology upgradation assistance schemeMedium enterprisesManagement agencyDepartment of pharmaceuticals onRevised schedule mEligibility criteriaFinancing optionsNew standardsIncentive structureGovernment scheme integrationVerification mechanismProject management agency

Govt launches new scheme to upgrade small pharma units to global standards

Department of Pharmaceuticals on Monday announced a wider Revamped Pharmaceuticals Technology Upgradation Assistance Scheme in a significant step to help upgrade the technological capabilities of the country's pharmaceutical industry and ensure .

New delhiDepartment of pharmaceuticals onMedium enterprisesPharmaceuticals technology upgradation assistance schemeManagement agencyRevised schedule mEligibility criteriaFinancing optionsNew standardsIncentive structureGovernment scheme integrationVerification mechanismProject management agency

pharmaceutical manufacturing unit: Govt revamps pharma scheme; broadens eligibility criteria, brings in flexible financing options

The Indian government has revamped the Pharmaceuticals Technology Upgradation Assistance Scheme (PTUAS) to support drug companies in upgrading their facilities to produce medicines conforming to global standards. The scheme now extends beyond MSMEs to pharmaceutical manufacturing units with a turnover of less than Rs 500 crore that require technology and quality upgradation. The scheme also introduces more flexible financing options, emphasizing subsidies on reimbursement basis.

Union health ministryDepartment of pharmaceuticalsPharmaceuticals technology upgradation assistance schemeRevised schedule mCosmetics actGood manufacturing practicePharmaceutical manufacturing unitPharma schemeEligibility criteriaGlobal standardsQuality upgradationChemicals and fertilisers ministry