How Philanthropy Can Drive Healthcare Innovation

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SUMMARY

India’s investment in R&D has been at 0.64% of its GDP as compared to China’s 2.41%, US’ 3.47%, and Israel’s 5.71%

Low R&D funding has a direct bearing on the Indian healthcare ecosystem, which hampers the development of new drugs, medical devices, or treatments

Philanthropic organisations are particularly well positioned to help advance advocacy efforts on how research is essential to health progress.

Biomedical research has led to many medical breakthroughs and developments providing the scientific basis for…



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How Philanthropy Can Drive Healthcare Innovation


SUMMARY

India’s investment in R&D has been at 0.64% of its GDP as compared to China’s 2.41%, US’ 3.47%, and Israel’s 5.71%

Low R&D funding has a direct bearing on the Indian healthcare ecosystem, which hampers the development of new drugs, medical devices, or treatments

Philanthropic organisations are particularly well positioned to help advance advocacy efforts on how research is essential to health progress.

Biomedical research has led to many medical breakthroughs and developments providing the scientific basis for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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