KEY TAKEAWAYS The lack of dedicated health facilities in Africa combined with high consumer demand create a lot of opportunities for international healthcare pioneers. Because of access issues and high costs, there has been a recent push toward digital...
Key Market Movements 1Mg, a platform offering an online pharmacy and health application that tells users about their medicines, their substitutes, and side effects, raised an undisclosed amount of venture funding on April 27, 2018, valuing the company at $75...
KEY TAKEAWAYS Digital pharmacies, with their focus on consumer experience and convenience, are expanding rapidly. Their ability to offer services beyond those of traditional pharmacies, such as medication management and patient engagement, will ultimately determine the success of these...
By signing up to the UN's Sustainable Development Goals, all African states took accountability for the third goal, which is to reach universal health coverage by 2030. The political ramifications of this commitment are gradually being felt as consumers and...
KEY TAKEAWAYS Total African health expenditure has surged over the past two decades, but sub-Saharan Africa still remains the least covered region in the world. In this video, Indranil Ghosh explains how high costs and low access rates still...
KEY TAKEAWAYS In many countries across the African continent, high reliance on traditional medicine and self-medication has led to several countries integrating healers into their formal healthcare systems. There are two main elements of informal health care across Africa. The...
KEY TAKEAWAYS Instances of both infectious and chronic diseases are plaguing developing countries in Africa. This health problem presents a healthcare crisis, as spending skyrockets and efficient primary care becomes difficult for people to attain in the region. The disease...
On Our Radar: Deals we are paying attention to, for their impact on industry. Zipline, a medicine drone-delivery startup, raised $190 million in funding from investors and donors including Goldman Sachs, signaling African’s daunting medical-care situation are attracting Silicon Valley...
On Our Radar: Deals we are paying attention to for their impact on industry. Biotech firm Cullgen’s April 10 announcement that it had received a $16 million Series A financing aimed at advancing treatment of cancer and inflammatory and autoimmune...
On Our Radar: Deals we are paying attention to for their impact on industry. CMS Medical Venture Investment has bought a quarter of Midatech Pharma Plc’s stock outstanding, reported Bloomberg on April 8. Both are specialty pharmaceutical companies, with CMS owned by...
On Our Radar: Deals we are paying attention to for their impact on industry. Thermo Fisher Scientific, the world’s biggest manufacturer of scientific instruments, bid for Brammer Bio LLC on March 24 in a $1.7 billion cash deal. The move would give the...
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