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BDC Venture Capital allocates $135 million more to healthcare innovation, broadens investment strategy
As part of its mandate to support Canadian entrepreneurs, BDC Venture Capital announced today it has allocated $135 million in new capital to direct venture investments in innovative healthcare companies. That brings its total direct commitment to the sector to $270 million. Recognizing a massive and growing market opportunity, the BDC Venture Capital Healthcare Fund will broaden its investment strategy and invest in technology, products and services that aim to dramatically improve global healthcare productivity, efficiency and patient outcomes.
- Categories
- Health Care, Investing
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IMS Health and BroadReach Healthcare Announce Strategic Alliance in Africa
IMS Health and the Life Sciences division of BroadReach Healthcare today announced a strategic alliance to deliver comprehensive advisory and commercial effectiveness solutions for life sciences organizations operating in Africa. The alliance brings together IMS Health’s industry-leading information, analytics, consulting and technology capabilities with BroadReach Healthcare’s deep knowledge of the African healthcare landscape and local regulatory environment. Life sciences organizations will gain immediate access to information and services that support market assessment, market entry planning and commercial implementation across the continent.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Phoning It In: An innovative way to make health care affordable for Kenya’s working poor
Changamka helps Kenyans save small amounts over time to purchase health insurance through a product called “Linda Jamii” (Swahili for “care for the family”). A mobile money micro-financing system makes it possible.
- Categories
- Health Care, Technology
- Tags
- public health
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Three Global Health Successes That I Witnessed Firsthand
Somewhere bumping along the back roads in Mali, Nick Kristof challenged me to reflect on lessons learned from my 25 years working in Africa first as a Peace Corps volunteer in the 1980s and most recently on public health and nutrition programs for Helen Keller International.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Measles elimination by 2020: WHO
The 11 member states of the World Health Organization (WHO) South-East Asia Region are committed to eliminating measles and controlling rubella and congenital syndrome (CRS) by 2020, as stated at the 66thSession of the WHO Regional Committee for South-East Asia, on Friday. The WHO estimates that US$800 million is needed to achieve this goal. WHO Regional Director for South-East Asia, Samlee Plianbangchang, said an estimated 8 million children in the region were not protected against measles.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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ChipCare’s handheld analyzer attracts one of Canada’s largest-ever healthcare angel investments
An innovative, handheld point-of-care analyzer, developed by ChipCare Corporation, has secured one of the largest ever angel investments in Canada's healthcare sector. Phase II financing has closed, with an investment of $2.05M to support ChipCare's continuing development and commercialization over the next three years.The financing evolved through a uniquely collaborative funding model among Canadian social angel investors, including Maple Leaf Angels, MaRS Innovation and the University of Toronto, with special financing leadership from Grand Challenges Canada and the Government of Canada.
- Categories
- Health Care
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Be Brave, Be Bold, Be Passionate, and You Just Might Change the World
You know that sinking, cold feeling you get when you know something is bad, but when you really begin investigating, it turns out that the situation is much worse than you even anticipated? Now what if that problem is the safety of health care workers and the integrity of blood samples collected to diagnose and treat health issues like HIV/AIDS? Renuka Gadde traveled to medical facilities around the world to prove her theory that blood collection techniques and protocols were a weak point in health care systems. What she observed was even more alarming than she expected.
- Categories
- Health Care
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How Cell Phones Are Transforming Health Care in Africa
In a little over a decade, Africa has gone from a region with virtually no fixed-line telecoms infrastructure to a continent where one in six of the billion inhabitants now owns a cell phone. But as this mass adoption of technology continues to gather momentum, it is causing a fundamental shift that goes beyond merely connecting people; it is creating one of the largest, low-cost distributed sensor networks we’ve ever seen, one which has the potential to completely transform global health care.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- public health