The Commerce Ministry has put forward a number of measures including special financial package for pharma sector, soft-funding to bio-equivalence centres, and liaison offices in Asian countries to boost the exports of pharma products from India. In a note sent to the other Ministries concerned, the Commerce Ministry said the need for special financial assistance for the pharma sector had been raised in different meetings of the stake-holders. Besides R&D expenditure, regulatory requirements require large funds. Establishing large number of bioequivalence centres through soft-funding would lower the costs of bioequivalence tests.
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