Q11 · UPPSC current affairs · 1 October 2026 · PIB · Promotion of Research and Innovation in Pharma MedTech Sector Scheme

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Consider the following statements regarding the PRIP (Promotion of Research and Innovation in Pharma MedTech Sector) scheme:1.The scheme provides financial assistance for innovation projects targeting areas like New Chemical Entities, Biosimilars, and High-End Medical Devices.2.The primary objective of PRIP is to subsidize the retail distribution of generic drugs through public hospitals.Which of the statements given above is/are correct?

A 1 only
B Neither 1 nor 2
C 2 only
D Both 1 and 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct because PRIP targets priority areas such as New Chemical Entities, Biosimilars, and High-End Medical Devices. Statement 2 is incorrect as the scheme focuses on promoting breakthrough drug discovery and research, not retail drug subsidization.

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