ICMR’s 'First in the World Challenge' for Innovation | 06 Dec 2024
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.
- It comes under the Department of Health Research, Ministry of Health and Family Welfare (MoH&FW).
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