Q. Consider the following statements regarding the “National Biopharma Mission”:
1. It is an Industry-Academia Collaborative Mission of Department of Biotechnology (DBT).
2. It is co-funded by the Asian Development Bank and is being implemented at Biotechnology Research Assistance Council (BIRAC).
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

National Biopharma Mission is an Industry-Academia Collaborative Mission of Department of Biotechnology (DBT).  

  • It aims for accelerating discovery research to early development for Biopharmaceuticals approved by the Cabinet for a total cost US$ 250 million.  
  • It is 50% co-funded by the World Bank is being implemented at Biotechnology Research Assistance Council (BIRAC).  
  • This program is dedicated to deliver affordable products to the nation with an aim to improve the health standards of India’s population.