Cabinet approves for Indo-UK JV on affordable healthcare

The Cabinet approved the implementation of a joint venture programme on affordable Healthcare.

The Department of Biotechnology and the Wellcome Trust, London, U.K., one of the world’s largest bio-medical research charities, propose to establish a joint funding initiative called R&D for Affordable Healthcare in India. The programme will support translational and innovative research projects at Indian institutions potentially leading to safe, efficacious and affordable healthcare products such as drugs, vaccines, bio-equipment products etc.

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