LeapFrog Investments, an emerging markets-focused private equity firm, has acquired a majority stake in the Indian health products company Ascent Meditech Ltd.
- Health Care
- South Asia
Press release: Gray Matters Capital to Commit More Funds to Enterprises in Africa Benefiting Women and Girls; Backs Ghana’s Redbird Health Tech under its coLABS Portfolio
Gray Matters Capital (GMC), an Atlanta-based impact investor with a gender lens whose mission is to provide “an education leading to a more purposeful life for 100 million women globally by 2036”, has today announced its investment in Ghana’s Redbird Health Tech through its GMC coLABS portfolio.
- Press release
Inspiration, Ideation and Implementation: How Design Thinking Can Build Robust and Sustainable mHealth Ventures
Design thinking can help mHealth ventures develop their value propositions and potential impacts, meet customer needs, and shape business models that stand the test of time. In the final post in his series on making mHealth businesses sustainable, Khanjan Mehta provides a structured framework that helps these enterprises determine their viability, particularly in the early conceptualization phase.
Nine Ways to Make Money in mHealth: The Top Value Propositions from a Study of 234 Projects in Emerging Markets
Telemedicine and mHealth initiatives often struggle in emerging markets - yet researchers seldom focus on how these ventures can better develop sustainable business models. An ambitious study of 234 mHealth projects in developing countries attempts to rectify this problem. Khanjan Mehta at Lehigh University runs down the research, highlighting the nine most common value propositions it found.
Technologies such as mobile phones, tablets, remote patient monitoring devices, and sensors have the potential to save lives, extend the reach of healthcare services, and reduce healthcare costs – yet many countries face persistent challenges in integrating these technologies into their health systems at scale.
Telemedicine or mHealth systems have great potential to bolster fragile health care systems in the developing world. However, these programs often fail to survive beyond the pilot phase. A team at the Humanitarian Engineering and Social Entrepreneurship Program at Penn State studied 35 telemedicine and mHealth projects and discovered six recurring reasons for failure to scale. Program director Khanjan Mehta offers solutions to some common missteps.
When global crises rivet the world’s attention to a conflict or a disaster-struck region, people take notice and respond. But they tend to ignore the fact that 5 billion of the 7 billion people in the world lack access to basic surgery – and the safe anesthesia care necessary to facilitate it. Andrea Charters of Diamedica talks about the life-saving work doctors are able to perform using the company’s portable anesthesia machine – and the potential to cure the everyday disaster of inequality in global health care.
Exponential technologies such as big data, the internet of things and artificial intelligence can transform lives in poor countries. But Akhtar Badshah – who led Microsoft’s philanthropic efforts for 10 years – highlights some risks alongside that potential. The main question, he says, is how to bridge the gap between those who quickly benefit from these technologies, and those who are left behind.
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