Health tech startup 54gene launches Trust for investing 5% of future proceeds

AFRICA – 54gene, a health tech startup, is creating a Trust which it will use to invest up to 5% of future proceeds from the company’s commercial drug discovery program. The creation of the trust is part of its Commitment to Africa in establishing a more sustainable and thriving cyclical ecosystem across Africa’s scientific development space, as well as ensuring better quality healthcare delivery for the communities in which the company operates. 54gene is focused on creating a pipeline of novel drugs for global populations, based on insights drawn from…

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Healthtech startups 54gene and mPharma Awarded as Technology Pioneers by World Economic Forum

AFRICA – Nigeria’s 54Gene and Ghana’s mPharma are among seven other African startups to be named among 100 most promising technology pioneers by World Economic Forum (WEF) this year. The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society. 54gene is a health technology company tackling the disparity in healthcare research and clinical delivery through large-scale discovery and translational research, advanced molecular…

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