India, Sept. 4 -- In a significant step towards strengthening India's healthcare innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, signed a Memorandum of Understanding (MoU) with Pfizer Limited.
The collaboration aims to accelerate the lab-to-market journey of innovative healthcare products by extending both financial and non-financial support to startups. Under the partnership, the Pfizer INDovation program will empower DPIIT-recognized startups with grants of up to ?60 lakhs each, along with a tailored 18-month incubation program delivered by Social Alpha. The program will provide dedicated acceleration tracks covering clinical validation, regulatory approvals, a...