Bio Pharmaceutical drugs are important therapeutic options as they provide an alternative to small molecule drugs for novel treatments of previously untreatable diseases. The Lok Sabha was informed recently that the Department of Biotechnology (DBT) is supporting cutting edge research for development of new Biopharmaceutical drugs in different universities, research institutes and laboratories across the country.
Minister of State for Science & Technology and Earth Sciences YS Chowdary, in a written reply, said that Bio pharmaceuticals provide affordable options for addressing the healthcare needs of humankind.
Chodary added that through Biotechnology Industry Research Assistance Council (BIRAC) a Public Sector of DBT a number of Start-ups, SMEs and Biotech companies are developing such new drugs.
