Maharashtra Pioneers in Life Sciences Innovation

Maharashtra government announces the creation of a Life Sciences Innovation and Incubation Centre to boost research in pharmaceuticals and biotech. The centre aims to transform Maharashtra into a global hub for health and biotech innovation, attracting investment and reinforcing the state's leadership in innovative drug manufacturing.

The Maharashtra government has unveiled plans to establish a Life Sciences Innovation and Incubation Centre. This initiative is poised to bolster the pharmaceutical and biotech sectors with enhanced research and development capabilities.

According to FDA Minister Narahari Zirwal, the centre will be pivotal in positioning Maharashtra as a global leader in health, pharmaceutical, and biotech innovation. It aims to attract significant investment into the state, aiding the pharmaceutical manufacturing industry.

The proposed facility will offer startups cutting-edge resources, including labs, technical expertise, and funding, facilitating pioneering work in pharma, biotech, and digital health, thus ensuring Maharashtra remains at the forefront of innovative drug development.

(With inputs from agencies.)