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PRIP Scheme — Second Call for Pharma and MedTech R&D

Government R&D assistance across early-stage, discovery and later-stage tracks.

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Funding amount
Early-stage assistance up to ₹5 crore; NCE/NBE discovery assistance up to ₹50 crore
Scheme
Promotion of Research and Innovation in Pharma MedTech Sector — Component B
Open for
Eligible India-registered entities include public/private limited companies, LLPs and registered partnerships. Public limited companies have no matching allowed Entity Type tag.
Deadline
17 November 2026

About the Program

Second call includes a new NCE/NBE discovery track. Assistance is subject to scheme agreements; benefit-sharing terms should be reviewed.

Eligibility requirements

  • Early-stage and discovery tracks: startups/MSMEs completing TRL 1–3. Later-stage: industry/startups/MSMEs completing TRL 4–6. Do not resubmit the same Round 1 project.

Offerings / Benefits

  • Early-stage: no applicant co-funding for approved costs up to ₹1 crore; higher costs require contribution. Discovery: minimum 25% institutional-investor co-funding. Later-stage: ordinarily up to 35% of approved costs, with specified strategic exceptions.

Sectors supported

New medicines, complex generics, biosimilars and novel medical devices.PharmaBiotechnologyHealthcare & HealthTech

Selection process

  • Early-stage/discovery applicants submit concept notes before invited detailed applications. Later-stage applicants submit detailed applications; technical assessment precedes approval.