The candidate drugs are currently undergoing clinical trials
The Indian pharmaceutical sector would soon be showcasing candidate drugs for malaria, osteoporosis and diabetes said Dr Harsh Vardhan, Union Minister for Science and Technology and Earth Sciences.
He further informed that the candidate drugs are currently undergoing clinical trials.
"I am confident that the drug laboratories under CSIR are capable of backing up the Swasth Bharat Mission. Our scientists are focusing on both infectious and life-style diseases. We are developing next-generation drugs, biologics, biosimilars, gene therapeutics, stem cell therapeutics, personalised medicine and multifunctional nanomedicine," said Dr Vardhan, in a statement.
He added, "I am certain that the country has the potential of becoming a global pharmaceutical powerhouse and am in the process of putting some key enablers in place. These include giving the right incentives for R&D, forging alliances with the private sector and keeping an open mind on suggestions for fiscal relief to the private sector so that its role in R&D is enhanced."
The minister has also announced the formation of a National Centre for Laboratory Animals in the CDRI new campus conforming to national and international guidelines. The new institution would serve as a referral centre for lab animal breeding and experimentation for new drug development.