ICMR’s 'First in the World Challenge' for Innovation | 06 Dec 2024

Source: TH 

Recently, the Indian Council of Medical Research (ICMR) has announced the “First in the World Challenge” aimed at encouraging innovative solutions to pressing health issues. 

  • This initiative seeks to foster novel, out-of-the-box ideas and promote the discovery and development of breakthrough health technologies, including vaccines, drugs, and diagnostics. 
  • Proposals must present bold, impactful global health research concepts, not ‘incremental innovations’ or ‘process innovation’. The high risk, high reward challenge aims for revolutionary biomedical breakthroughs, despite potential failures. 
    • Proposals can be submitted by individuals or teams from single or multiple institutes, evaluated by a selection committee of experts. 
  • In a recent advancement, ICMR has formalised agreements under its Network for Phase 1 Clinical Trials’, which includes collaborations for developing treatments for various diseases such as multiple myeloma and Zika virus. 
    • This initiative aims to position India as a leader in the clinical development of pharmaceutical agents and innovative health solutions. 
  • ICMR is the apex body in India for the formulation, coordination and promotion of biomedical research. 

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