Recently, the DST in association with the University of Hyderabad organized
a brainstorming session on Pharma R&D Support Fund in Hyderabad to seek
recommendations from the industry and the academia.
In yet another attempt to boost the arrival of India on the
global biotech radar, the Department of Science and Technology (DST), Government
of India, in its recent budget has announced a corpus of Rs 150 crore. While
this is a resilient enough move, the department is barraged with the effective
utilization of the fund.
Seeking recommendations from the industry and the academia,
DST in association with University of Hyderabad organized a brainstorming
session on Pharma R&D Support Fund in Hyderabad. The event saw the gathering
of nearly 50 industry leaders and more than 30 academic experts.
Recommendations:
-
Creation of centralized facility that could be
used by industry and academia is essential. Setting up of resource
centers will also help both and facilitate easier access to the
materials.
-
Single-window clearance for proposals since time
loss is loss of money.
-
Patenting expenditure to be borne partially by
the department to lessen the expenditure incurred besides setting up
of an additional cell to help registering patents.
-
Project-based funding that would help the
department to showcase its commitment and equally help the sector
and the country surge forward.
-
Helping out clinical research trials and
equipping with essential standards and be prepared to address the
market as the clinical drug research is going to be
population-based.
-
Toxicology testing facility and pharmacogenetic
testing.
-
Ayurvedic knowledge management.
-
Funds for innovative ideas.
|
Spearheading the session, Prof V S Ramamurthy, secretary,
DST, said, "A quality drug yet at lower price is what our country has to
offer. There is a need for setting up of cost effective infrastructure
facilities including shared testing laboratories, HRD improvement and upgrading
the existing research facilities. Focusing on specific issues we can compete
provided DST supporting research."
He further added that hitherto lack of funds supporting the
industry posed a problem, but with funds available now, how to use it
effectively has to be charted out. "Equally the industry was not willing to
use it for some reasons. They had this feeling that such joint research
partnerships will not work. Of those who wanted to utilize these funds had
issues like confidentiality, commitment of professors till the end of the
project, and if DST can ensure support funding for the whole program," he
said.
Citing government's commitment to the industry, Ramamurthy
said, "The Technology Development Board set up in 1996 has so far supported
140 programs with close to 40 projects in drug pharma research. Of the total
investment of around Rs 650 crore, TDB had invested close to Rs 200 crore while
the rest was from the industry. It is evident enough that there is acute
shortage of facilities to conduct research and accredited laboratories.
Eventually, we have to use this fund benefiting the community as a whole for the
industry."
It may be recalled that during the eighth plan, there was
fund allocation of Rs 10 crore. So far the TDB has approved 80 projects besides
the Planning Commission allocating Rs 25 crore. The Board had also funded five
loans last year in the field of clinical trials costing around Rs 50 crore. For
eleven years, from 1994-95 to 2004-05, DST has supported projects worth Rs 182
crore of which Rs 105 crore was from the industry while Rs 77 crore was from the
department. But for the year 2005-06, the fund allocation is about Rs 159 crore
and with the IPR regime in place, many a companies are focusing on R&D but
badly need support, be it in the form of infrastructure, HRD improvement or
laboratories.
Briefing the media, Ramamurthy said, "The proposed
Pharmaceuticals Research and Development Fund (PRDSF) of Rs 150 crore would be
given in the form of grants and loans. Of this, Rs 70 crore is the grant amount
to aid institutions and Rs 80 crore would be the loan amount on simple interest
of three per cent. This is the first session we are having in Hyderabad.
However, we will decide on this strategy only after having conducted three or
more such sessions."
Sunitha Natti, CyberMedia News
Page(s) 1 |