IFC Health Newsletter | January 2022

Dear friends and colleagues,
This month we spoke with the CEO of MedGenome, an India-based genomics company, about DNA sequencing to develop more effective drugs and work underway to make certain that all ethnic groups are represented. As always, we welcome comments and suggestions for interviews in future issues. 


Chris McCahan
Acting Head of Health and Education, IFC 
Expert Voices: An Interview with Dr. Vedam Ramprasad, CEO of MedGenome
Medical researchers are increasingly tapping genomic databases to better match new drugs to patients’ profiles, but most samples are taken from people of European ancestry. Dr. Vedam Ramprasad, CEO of the India-based genomics company MedGenome, spoke about his company’s efforts to expand the genomic data pool to underrepresented ethnic groups, and to develop more affordable tests for diseases like COVID and tuberculosis. Read the interview here.
Thought Leadership

The upward investment trend in ‘femtech’, or solutions around women’s health including fertility, pregnancy, and screening for certain cancers, is discussed by Monique Mrazek, IFC Senior Investment Officer, in an interview with Marketplace Tech. “The objective ultimately should be to reduce cost and improve good quality of care,” said Mrazek. 
Female workers make up 70 percent of the global health workforce, but Personal Protective Equipment (PPE) is not always fitted for different sized bodies, posing potential problems for many frontline workers.
 We talked to expert leaders on the specific challenges that women face and what can be done for PPE to protect all healthcare workers, regardless of gender, body type and size.   

IFC’s Women's Leadership in Private Healthcare Global Working Group, which aims to strengthen women's leadership roles in healthcare, is partnering with 17 international leading healthcare organizations to identify and address gender barriers in their field. We invite you to engage in the conversation and make an impact. Visit our site for resources to guide gender-inclusive efforts.

IFC is partnering with Fidson Healthcare Plc. to develop active pharmaceutical ingredient production capacity in Nigeria. This project forms part of a wider IFC initiative aimed at developing Sub-Saharan Africa's capacity to manufacture the pharmaceuticals it needs and rely less on imports.

IFC is partnering with RH Bophelo, a South African healthcare investment holding company, to help it attract new investors with the goal of acquiring additional healthcare facilities in South Africa and other Sub-Saharan Africa countries and expand its healthcare tech offering. 

The World Bank Group and the Consumer Technology Association announced the four winners of The Global Women's HealthTech Awards, which recognize innovative startups that leverage tech to improve women's health and safety in emerging markets.
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