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Viewpoint: The Next Big Idea May Be Growing Far From Silicon Valley
Facebook CEO Mark Zuckerberg made his first trip to Africa this summer with stops in Nigeria and then Kenya. In June, the Chan Zuckerberg initiative—the philanthropic foundation of Zuckerberg and his wife Dr. Priscilla Chan—invested $24 million in Andela, a company that trains top software developers in Kenya and Nigeria. This trip and investment is a departure from the prevailing mindset in Silicon Valley, where top venture capital firms are investing in companies making products and services—like monthly deliveries of cannabis products or on-demand set-up of personal karaoke parties—to address increasingly minor “first world” problems with some of the country’s best talent.
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- Health Care
- Region
- Sub-Saharan Africa
- Tags
- philanthropy
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Opinion: How can we get pharma companies to do more for global health? Try ranking them
The Global Health Index measures drug impact in terms of Disability Adjusted Life Years saved. Companies are paying attention to it because it can affect brand perception.
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- Health Care
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GE Healthcare to invest up to $50 million in start-up accelerator programme
GE Healthcare, the $18 billion healthcare technology division of General Electric Co., will provide funding of up to $50 million for global start-ups under its new accelerator five.eight programme, aimed at improving affordable healthcare in emerging markets.
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- Health Care
- Region
- South Asia
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Rice Engineer Secures Prestigious $625,000 ‘Genius Grant’
Rebecca Richards-Kortum, a bioengineering professor at Rice University, was named a 2016 MacArthur Fellow by the MacArthur Foundation.
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- Health Care, Technology
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Stanford Bioengineer Manu Prakash Wins Prestigious MacArthur Grant
Manu Prakash, an assistant professor of bioengineering, has been named one of the 2016 fellows of the John D. and Catherine T. MacArthur Foundation.
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- Health Care
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Mark Zuckerberg and Priscilla Chan Pledge $3 Billion to Fighting Disease
Mark Zuckerberg, Facebook’s chief executive, and his wife, Dr. Priscilla Chan, last year said they would give 99 percent of their Facebook shares to charitable causes. Now they are putting a large chunk of that money to work.
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- Health Care
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Drugs Take Back Seat to Seeds at Bayer With Monsanto Acquisition
In the wake of its $66 billion-acquisition of Monsanto, Bayer risks starving its lucrative drugs business of the resources it needs to grow.
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- Agriculture, Health Care
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One Solution to Keeping India’s Girls in School: Cheap Maxi Pads
In many stores across India, shopkeepers wrap maxi pads in black polythene. If they don’t have that, the products go in a small carton or brown paper bag. Absent those, “we try hiding it while walking down the road because of how people would react," says Khushboo Navani, a 23-year-old woman who lives in Bikaner. "People give you weird looks," she adds.
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- Health Care
- Region
- South Asia
