Disrupt Pharma Tech Africa (Medsaf) – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Mon, 26 Sep 2022 11:15:02 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Disrupt Pharma Tech Africa (Medsaf) – Tech | Business | Economy https://techeconomy.ng 32 32 30 African Startups in Healthcare Supply Chains to Receive Commercialization Support from Gates Foundation, others https://techeconomy.ng/investing-in-innovation-i3-30-african-startups-in-healthcare-receive-commercialization-support-from-gates-foundation-others/ https://techeconomy.ng/investing-in-innovation-i3-30-african-startups-in-healthcare-receive-commercialization-support-from-gates-foundation-others/#comments Mon, 26 Sep 2022 11:15:02 +0000 https://techeconomy.ng/?p=84591
  • The pan-African Investing in Innovation (i3 program) is funded by Bill & Melinda Gates Foundation, and sponsored by Merck Sharp & Dohme (MSD), the World Health Organisation Regional Office for Africa, AUDA-NEPAD, and AmerisourceBergen to invest in Africa’s most promising early to growth-stage start-ups in health care supply chains
  • The first 30 start-ups have been selected from 14 countries across Africa. Nearly 50% of the start-ups are women-led, and 30% of the companies are operating in Francophone Africa
  • The selected startups will receive a $50,000 grant and access to market opportunities to catalyze growth-driven partnerships with donors, industry and institutional stakeholders
  • Investing in Innovation (i3), a pan-African support initiative for African health supply chain startups, has announced its first cohort of 30 companies. 

    Funded by the Bill & Melinda Gates Foundation and sponsored by Merck Sharp & Dohme (MSD), the World Health Organization Regional Office for Africa, AUDA-NEPAD, and AmerisourceBergen, i3 unites leading donors, industry and African institutions to jump-start a new way of doing business to support African-led innovations in health. 

    Investing in Innovation (i3) announces first cohort of 30 startups
    Healthcare

    Selected startups will receive a $50,000 grant and support to catalyse growth-driven partnerships with donors, industry and institutions. 

    The 30 companies selected hail from 14 African countries. Operating in early- and growth-stages, the companies are delivering novel solutions for device and medicines distribution, stock management and financing, authentication, traceability, medical waste management and more  – demonstrating that African-built solutions are poised to help transform access to health products in many ways. 

    47% of the companies are women-led (which the program defines as having at least one woman with an equity stake and active executive leadership role), and 30% of the companies are operating in Francophone Africa.  

    Ann Allen, Senior Program Officer at the Bill & Melinda Gates Foundation comments: “Digitally-enabled, locally-led innovations have huge potential to help address the challenges of access to medicines for historically unserved patients in Africa. We are thrilled to see strong women leaders at the helm of many of these start-ups, as we know innovation ecosystems are strengthened by diversity.” 

    The selected companies are, in alphabetical order: 

    1. Chekkit Technologies
    2. Disrupt Pharma Tech Africa (Medsaf)
    3. DrugStoc Ehub Limited
    4. Erith Health Services
    5. Gricd
    6. LifeBank
    7. Lifestores Healthcare
    8. OneHealth
    9. ClinicPesa
    10. Damu Sasa
    11. The Pathology Network
    12. Negus Med
    13. Signalytic
    14. Viebeg Technologies
    15. Zuri Health
    16. Xetova
    17. Cure Bionics
    18. DeepEcho
    19. Dr Sett
    20. Infiuss Health Limited
    21. Medevice
    22. Meditect
    23. Sobrus
    24. Valorigo
    25. Azanza Health
    26. Appy Saude
    27. Aviro Health
    28. Contro
    29. VaxiGlobal
    30. Zinacare

    Dr Abdullahi Sheriff, Associate Vice President of Global Market Access at MSD noted: “The innovation represented by the startups selected is inspiring. At MSD, we are excited by the opportunity to collaborate with these leading innovators through i3, to help transform health care supply chains and improve access to medicines across Africa.”

    i3 is coordinated by Salient Advisory, SCIDaR, and SouthBridge A&I and is operationalized by leading technology hubs across the continent: CCHub for West Africa, Startupbootcamp for Southern Africa, IMPACT Lab for North and French-speaking Africa, and Villgro Africa for East Africa. These hubs are responsible for the selection process and the follow-up of the startups throughout the program.

    Efosa Ojomo, Director, Global Prosperity at the Clayton Christensen Institute, and member of the i3 Steering Committee also commented: “i3’s focus on African ingenuity is long overdue – supporting locally-led, market-creating innovations to scale will equip the continent to achieve health gains, generate prosperity and weather future crises.” 

    Prashant Yadav, Senior Fellow, Centre for Global Development, and INSEAD Professor who is  Chair of the i3 Steering Committee also commented: “The breadth of innovation represented by the cohort of companies selected is confirming that data-driven innovations can play an important role in rapidly improving the resilience of African health supply chains.”

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