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News:Union Minister of Science & Technology has informed Lok Sabha about the National Biopharma Mission.

Facts:

About the National Biopharma Mission:

The National Biopharma Mission(NBM) is an industry-academia collaborative mission for accelerating biopharmaceutical development in the country.
It was launched in 2017 by the Department of Biotechnology(DBT) with 50% co-funding by World Bank loan.
Implementation:Biotechnology Research Assistance Council(BIRAC)-a Public Sector Undertaking of DBT.
Under this Mission, Government has launched Innovate in India(i3) programme to create an enabling ecosystem to promote entrepreneurship and indigenous manufacturing in the biopharma sector.