New Delhi, Oct. 4 -- The Department of Pharmaceuticals has invited applications for research and innovation projects under the Promotion of Research and Innovation in Pharma-MedTech Sector (PRIP) scheme.

With an approved outlay of Rs 5,000 crore, the scheme is expected to support around 300 projects involving total R&D investments of nearly Rs 11,000 crore in areas such as new medicines, complex generics, biosimilars, and novel medical devices.

The application window opened on October 1, 2025, through a dedicated digital portal.

The government has also issued revised guidelines to make the scheme more responsive to stakeholder needs.

Under the amended framework, early-stage projects by startups and MSMEs can seek funding for projects ...