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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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