category -

₹5,000 Crore PRIP Scheme: Second Call Opens for Pharma & MedTech Innovation

India’s ₹5,000 crore Promotion of Research and Innovation in Pharma & MedTech (PRIP) Scheme has opened its second call to support pharmaceutical and medical device innovation. Discover funding opportunities of up to ₹5 crore for early-stage projects and ₹100 crore for later-stage R&D, along with eligibility criteria, Technology Readiness Levels (TRLs), priority MedTech and pharmaceutical sectors, and application requirements. Learn how CDSCO risk classification, ISO 13485 compliance, technical documentation, and regulatory consulting can strengthen your PRIP funding proposal.

Published :

September 16, 2026

Updated :

October 28, 2026

Published :

September 16, 2026

Updated :

October 28, 2026

PRIP Scheme
India’s ₹5,000 Crore PRIP Scheme 2026 – Second Call for Pharma and MedTech R&D Funding, Grants up to ₹100 Crore, Startup and MSME Eligibility, AI-Based Medical Devices, SaMD, Diagnostics, Implants, and CDSCO Regulatory Support.
Table of Contents
Picture of By Operon Strategist Editorial Team
By Operon Strategist Editorial Team

Publisher
Medical Device Regulatory News and Industry Insights

Overview

The Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers, Government of India, has announced the second call for applications under the Promotion of Research and Innovation in Pharma & MedTech (PRIP) Scheme. With a total financial outlay of ₹5,000 crore, the scheme provides grants and financial assistance to startups, MSMEs, and established pharmaceutical and medical device companies to advance high-impact research toward commercialization.

Out of the total outlay, ₹700 crore is allocated to establish Centers of Excellence (CoEs) across seven National Institutes of Pharmaceutical Education & Research (NIPERs), while ₹4,200 crore is directly earmarked to accelerate R&D investments across the industry.

Contact Us

1. Breakdown of PRIP Scheme Funding Tracks

The second call categorizes support into two distinct funding tracks based on the project’s Technology Readiness Level (TRL):

ParameterEarly-Stage ProjectsLater-Stage Projects
Eligible EntitiesStartups and MSMEs onlyIndustry, Startups, and MSMEs
TRL Entry & TargetCompleted TRL 1, 2, or 3 (advancing up to TRL 5)Completed TRL 4, 5, or 6 (advancing to higher TRLs)
Max Financial SupportUp to ₹5 Crore per projectUp to ₹100 Crore per project
Funding Assistance Ratio

• 100% funded for projects up to ₹1 Cr


• Up to 50% assistance for ₹1 Cr – ₹5 Cr

• Up to 35% of total project cost


• Up to 50% for Strategic Priority Innovations

Application ProcessTwo-step process: Concept Note submission followed by detailed applicationDirect submission of Detailed Application Form

2. Priority Focus Areas for MedTech & Pharma Innovation

To qualify for funding under the PRIP Scheme, proposed projects must fall within defined high-value priority segments:

Medical Device & Digital Health Innovations

  • Software & AI: AI/ML-based medical devices, Software as a Medical Device (SaMD), and Software in Medical Device (SiMD).

  • Advanced & Robotic Systems: Robotic surgical platforms, navigation systems, and telemedicine-integrated devices.

  • Diagnostics & IVDs: Novel In-Vitro Diagnostics (IVDs), point-of-care test kits, molecular diagnostics (PCR, NGS), and biomarker-based precision medicine devices.

  • Implants & Therapies: Functional dynamic implants (pacemakers, deep brain stimulators), structural implants, and genetic screening tools.

Pharmaceutical & Biopharmaceutical Innovations

  • New Medicines: New Chemical Entities (NCEs), New Biological Entities (NBEs), cell and gene therapies, and phytopharmaceutical drugs.

  • Complex Generics & Biosimilars: Novel Drug Delivery Systems (NDDS), modified dosage/indications, and complex biologics.

  • Strategic Priority Innovations (SPI): Solutions targeting Neglected Tropical Diseases (dengue, chikungunya, rabies), Rare Diseases in India, Antimicrobial Resistance (AMR) pathogens, and pandemic preparedness vaccines.

3. Application Process & Submission Timeline

The portal for submitting applications under the Second Call will open by mid-September 2026 on the official PRIP Scheme Portal.

Key Submission Guidelines:

  • Two-Step Screening for Early Stage: Early-stage applicants must first submit a short Concept Note. Shortlisted applicants will be invited to submit full proposals.

  • Documentary Prerequisites: Applicants must furnish incorporation certificates (DPIIT/Udyam), 3-year audited financial statements, audited cap tables, and detailed project milestone maps.

  • CDSCO Risk Classification: Medical device proposals require clear classification of the device’s regulatory risk (Class A, B, C, or D) and predicate device status.

  • Resubmission Policy: Projects submitted during the first PRIP round cannot be resubmitted without major modifications.

Fast-track your Medical Device Approval

Accelerate Market Access with End-to-End Regulatory Guidance

How Operon Strategist Can Help

Navigating the PRIP Scheme application process requires aligning complex R&D objectives with rigorous CDSCO regulatory pathways, TRL documentation, and technical compliance standards. Operon Strategist provides specialized technical and regulatory support to ensure your PRIP proposal meets all government evaluation criteria.

Our point-wise support services include:

Picture of  Operon Strategist Editorial Team
Operon Strategist Editorial Team

Publisher | Medical Device Regulatory News and Industry Insights
The Operon Strategist Editorial Team publishes news, updates, and insights on medical device regulations, regulatory policy changes, and global healthcare industry developments. The team covers key regulatory frameworks, including CDSCO, US FDA, EU MDR, ISO 13485, and international market access requirements, helping medical device manufacturers and healthcare businesses stay informed about evolving regulatory expectations.

Table of Contents

Subscribe Newsletter

Talk to our experts

Talk To Our Experts

Have questions about regulatory compliance? Share your requirements and our experts will help you find the right solution.