International Journal of Health Sciences

Prospects of Nanotechnology Development in the Health Sector in India
Azamat Ali, Dr. Kunal Sinha

Abstract
Nanotechnology has been regarded as a science and technology based innovation and is recognized as a promising new growth innovator of the 21st century. It offers a range of possibilities for healthcare and medical innovation, including targeted drug delivery systems, extended release vaccines, diagnostic and imaging technologies, and antimicrobial coating. These innovations have become a major focus not only for government policy initiatives and investment, but have also heralded for both nanomedicine and pharmaceutical industries. This paper explores theemerging nanotechnology development in the health sector in India. The paper also contributes to policy making by providing new information on the commercialization of nanotechnology in the health sector.The paper also analyses the potential and challenges in the development of rapidly growing nanotechnology research in the health sector in India. It also highlights the regulatory players involved in nanotechnology in the health sector in India. The paper is based on both primary and secondary research. The information is based on personal communication from eight Indian pharmaceutical firms involved in nanotechnology research and development (R&D) in the area of health sector.

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