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Ministry of Science & Technology
“TDB-DST supports M/s Bioneemtec India
Private Limited, Chennai for Commercialization
of Green Chemistry-Based Pharmaceutical
Manufacturing Technologies”
प्रव तथ: 04 JUN 2026 4:07PM by PIB Delhi
As India strengthens its position as a global pharmaceutical manufacturing powerhouse, the Technology
Development Board (TDB), Department of Science & Technology (DST), Government of India, has
extended support to M/s Bioneemtec India Private Limited, Chennai for the project titled “Manufacturing
of Minoxidil, Tranexamic Acid, Dequalinium Chloride, their Intermediates and Drug Liposomes.” The
project seeks to commercialize indigenous green chemistry technologies for the production of critical
pharmaceutical ingredients and advanced drug delivery systems, contributing to import substitution,
sustainable manufacturing, and healthcare security.
The project focuses on establishing advanced manufacturing capabilities for pharmaceutical intermediates,
Active Pharmaceutical Ingredients (APIs), and novel drug delivery systems through a combination of
batch and continuous-flow chemistry technologies. By adopting modern process technologies, the
initiative aims to improve production efficiency, product quality, operational safety, and environmental
sustainability while reducing dependence on imported pharmaceutical intermediates.
A key component of the project is the commercialization of an indigenous process for manufacturing
Tranexamic Acid, an important therapeutic molecule used in the management of bleeding disorders.
Developed using a cost-effective and environmentally responsible synthesis route, the technology is
designed to deliver high-purity products while minimizing waste generation and process complexity. The
project will also support the domestic production of Minoxidil and Dequalinium Chloride along with their
key intermediates, strengthening local manufacturing capabilities in pharmaceutical value chains that
presently depend substantially on imports.
Adding a strong innovation dimension, Bioneemtec has developed proprietary Drug Liposome APIs based
on advanced nanotechnology platforms. These liposomal formulations are being developed for therapeutic
applications including breast and skin cancer management and have demonstrated promising results withcontrolled nanoparticle characteristics. The company has also initiated intellectual property protection for
the technology, creating a foundation for future development of advanced targeted drug delivery solutions.
Speaking on the occasion, Shri Rajesh Kumar Pathak, Secretary, TDB, stated, "The future of
pharmaceutical manufacturing lies in sustainable, technology-driven production systems that combine
quality, efficiency, and environmental responsibility. Indigenous development of advanced APIs, critical
intermediates, and novel drug delivery platforms will be instrumental in strengthening India's position as a
global pharmaceutical manufacturing hub. TDB is committed to supporting such innovative enterprises
that are creating high-value technologies while contributing to import substitution and healthcare
security."
Expressing gratitude for the support, the leadership of Bioneemtec India Private Limited stated that the
project will enable the company to scale up commercialization of its green chemistry-based manufacturing
technologies and advanced pharmaceutical products. The support will accelerate the development of
indigenous capabilities in API manufacturing and next-generation therapeutic formulations while creating
opportunities for domestic and international markets.
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