New Delhi, Oct 25 (SocialNews.XYZ) The Anusandhan National Research Foundation (ANRF), in collaboration with the Indian Council of Medical Research (ICMR), has launched the Mission for Advancement in High-Impact Areas (MAHA)-Medical Technology (MedTech) to increase the nation’s medical technology ecosystem, stated the Ministry of Science and Technology on Saturday.
The initiative, additionally in partnership with the Gates Foundation, seems to be to accelerate innovation within the nation’s medical tech sector and cut back reliance on high-cost imports. It may also assist promote equitable entry to reasonably priced and high-quality medical applied sciences.
“The mission will provide funding support to a wide range of entities, including academic and R&D institutions, hospitals, startups, MSMEs, the medtech industry, and collaborations between entities,” the Ministry stated.
“With milestone-linked funding of Rs 5-25 crore per project (and up to Rs 50 crore in exceptional cases), the mission will support projects that bring impactful MedTech solutions to market,” it added.
The five-year mission comes with a complete outlay of Rs 750 crore in funding. About 50 tasks can be funded in 5 years.
The mission goals to assist the event of a broad spectrum of progressive medical units and in vitro diagnostics, together with tools and key subcomponents, implants, assistive and surgical units, consumables, and software-based medical options.
In addition, the mission urges tasks aligned with nationwide well being priorities equivalent to tuberculosis, most cancers, neonatal care, main well being care, and so forth., the Ministry stated.
Beyond funding, the mission may also present assist by nationwide initiatives equivalent to Patent Mitra (IP safety and technology switch), MedTech Mitra (regulatory steerage and clearances), a Clinical Trial Network (for medical validation and proof era), in addition to mentorship from trade consultants.
Participants first want to ship idea notes, open until November 7, by way of the ANRF portal.
The shortlisted idea proposals will then be allowed to submit the total proposals. The window for submission will open in December 2025.
Source: IANS
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