You must know Catalysts as a substance that increases the rate of a chemical reaction without itself undergoing any permanent chemical change.
But I’m not talking about that, Catalysts; I’m talking about Technology Transfer as catalysts in the pharma industry.
Technology Transfer(TT) is a structural guideline that is intended for the quality of the process, products, standardization, & cost-effective production. TT is a fundamental part of the discovery and development of newer pharmaceutical products and dosage forms.
According to the World Health Organization(WHO), TT is defined as “A logical procedure that controls the transfer of any process together with its documentation and professional expertise between development and manufacture or between manufacture sites.”
In the pharmaceutical industry, TT is involved in drug discovery, product development, clinical trials & full-scale commercialization.
Agencies for TT in India:
- Asian and Pacific Centre for Transfer of Technology (APCTT)
APCTT is a United Nations regional body under ESCAP, established in 1977 & headquartered in New Delhi since 1993. It facilitates technology transfer to & from small & medium-scale enterprises in the Asia–Pacific region, focusing on institution building, human resource development, technology studies & business partnerships.
- National Research Development Corporation (NRDC)
NRDC was established in 1953 by the Government of India to promote, develop & commercialize technology transfer from the public sector to the private sector. It facilitates the transfer of technologies, inventions, patents & processes from national R&D institutions and universities under the Department of Scientific and Industrial Research and the Ministry of Science and Technology.
- Biotech Consortium India Limited (BCIL)
BCIL is a public limited company established in 1990 under the Indian Companies Act, 1956. Promoted by the Department of Biotechnology (DBT), Ministry of Science & Technology, Government of India, along with All India Financial Institutions, BCIL facilitates the commercialization of biotechnology by linking researchers, industry, & investors.
- Small industrial Development Bank of India (SIDBI)
SIDBI was established on April 2, 1990, under an Act of Parliament as a development financial institution under the Department of Financial Services, Government of India. Headquartered in Lucknow, it serves as the principal financial institution for the MSME sector, providing refinance facilities and short-term lending to industries.
MBH/AB