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Govt Announces Rollout of Anti-Tuberculosis Medicine Bedaquiline
Monday, the union health ministry announced the rollout of bedaquiline, the first anti-tuberculosis medicine made in 40 years. As the drug was prepared in quick response to the World Health Organisation's urgent call in 2012 to pharmaceutical companies to work on anti-TB medications, it hasn't been widely tested like most drugs are.
- Categories
- Health Care
- Region
- South Asia
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MaRS Catalyst Fund Seeks Startups With Both Social Impact and Financial Returns
The MaRS Catalyst Fund, a national impact venture fund, has raised $3 million and plans to raise a total of $5 million, which will be used to invest in early-stage Canadian startups tackling social and environment issues with potential for profit.
- Categories
- Environment, Impact Assessment, Investing
- Tags
- impact investing
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China Vows Crackdown on Fake Vaccines Amid Scandal
Chinese authorities have pledged to crack down on the black market sale of vaccines after a case was made public involving nearly $90 million (62 million pounds) worth of illegal vaccines that are suspected of being sold in dozens of provinces around the country.
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Viewpoint: The Next Step for Developing Cuba? Microfinance
All eyes are on Cuba as U.S. President Barack Obama and at least 20 members of Congress descend on Havana today. While members of the delegation differ on the best path forward for U.S.-Cuban relations, everyone hopes for economic development that improves the quality of life for the average Cuban. What are the next steps for development in Cuba? And, how can the international community help Cuba preserve the educational and health gains of the Cuban revolution, while also updating its failing economic model?
- Categories
- Uncategorized
- Region
- Latin America
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Cleaning Up India’s Economic Lifeline
Dawn was breaking over Delhi as our train began its ritual crawl into the station. This is almost always the case with busy railway stations in India: the last mile never seems to end, sometimes taking up to an hour. If you look out of the window during this hour, you are likely to see dozens of men and boys, possibly residents of nearby slums, squatting on the ground and defecating in peace, unmindful of the slowly passing train and its impatient occupants.
- Categories
- Health Care
- Region
- South Asia
- Tags
- infrastructure
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See Impact Investing As Part of An Evolution Towards a Fairer Society: Ronald Cohen
Ronald Cohen, one of the pioneers of private equity in Europe who set up and ran investment group Apax Partners for 33 years, has turned into an evangelist for social enterprises. The 70-year-old, currently chairman of The Portland Trust and Bridges Ventures, believes that impact investing -which looks at both financial and social returns -can be a game changer for social development. Cohen, with more than $55 billion of global assets under management, is in India to meet investors, philanthropists and social entrepreneurs. In an interview with ET, he talks about the global trends in the social investment space.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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Health Experts, Doctors: Centre’s Move Good for Patient Safety
Even as more companies on Wednesday challenged the ban on combination drugs in the Delhi high court, public health experts and doctors have welcomed the government notification, saying withdrawal of "irrational" and "harmful" medicines from the market is good for patient safety and health.
- Categories
- Health Care
- Region
- South Asia
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Why Apple and Samsung Have Already Lost the Mobile Payments War in China
If you’re a smartphone company – even a big, successful one – looking to get into the Chinese market with your own mobile payments system, here’s a piece of advice: don’t.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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