As a development institution with a mission to promote private enterprise growth and job creation in the developing world, IFC helps clients understand the business case for social and environmental responsibility: lower costs, reduced political and financial risks, higher productivity, and brand enhancement.
IFC’s life sciences projects are:
- Creating thousands of direct and indirect jobs
- Reversing the brain drain in developing countries
- Expanding access to high-quality and affordable medicines for local people
- Supporting innovation, science, and technology in developing countries
- Focusing on neglected diseases that heavily affect poor people in developing countries
- Helping companies adopt best practices in manufacturing and gain certification in international standards, improving their productivity and enhancing their brand