Africa's No.1 Healthcare, Pharma & Biotech Industry Magazine
KENYA – Zuri Health, Kenya’s fastest-growing digital healthcare company which provides affordable healthcare via mobile, has raised US$1.3 million in pre-seed funding to scale quality healthcare services affordably across Africa.…
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GERMANY – Aenova has announced it is investing EUR 10 million (US$$11 million) for a new building for the production of highly potent active pharmaceutical ingredients (HPAPIs) at its site…
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INDIA – Goldman Sachs is in advanced talks to invest US$350 million (Rs 2,700 crore) in API Holdings, the parent company of online pharmacy PharmEasy, in a structured debt transaction,…
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INDIA – Eight Roads Ventures, a global venture capital firm backed by Fidelity, has announced the US$250 million launch of its first India-focused healthcare and life sciences fund. The new…
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INDIA – FlexifyMe, one of India’s fastest-growing Health and wellness platforms has raised US$ 300,000 in a seed funding round. Prominent investors in the round included Ravi Bhushan, Founder &…
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SOUTH AFRICA – The South African National AIDS Council (SANAC) has been awarded a grant of US$547 million from the international organization Global Fund to Fight AIDS, Tuberculosis (TB) and…
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USA – Aspen Neuroscience, a biotech developing the first autologous neuron replacement therapy for Parkinson’s disease, has closed a series B financing of $147.5 million to help get its autologous…
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INDIA – New investor TPG Growth and existing investor Temasek have invested Rs 1050 crore (approximately US$136 million) in Dr. Agarwal’s Health Care Ltd in the largest private equity deal…
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SOMALIA – The Ministry of Health and Human Services of the Federal Government of Somalia has partnered with the World Health Organization (WHO) and the Embassy of Italy to initiate…
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NIGERIA – The African Business Coalition for Health (ABCHealth) has collaborated with the Joint United Nations Programme on HIV/AIDS (UNAIDS) on joint initiatives aimed at improving the healthcare industry in…
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