IFC Health Newsletter | March 2022

Dear Friends and Colleagues,
This month we spoke with the Managing Partner of Quadria Capital, a healthcare-dedicated private equity fund in Asia, about changes and innovations in the sector. 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. Amit Varma, Managing Partner of Quadria Capital
The COVID pandemic has sparked innovations in healthcare delivery and financing. Dr. Amit Varma, Managing Partner of the private equity firm Quadria Capital, highlighted telemedicine, remote diagnostics and monitoring, and consumer health as areas where interesting change is underway. Dr. Varma explained what Quadria looks for when investing in a company, why telemedicine will never be the same, and what these innovations have meant for his own healthcare treatments and practice. Read the interview here.
Thought Leadership

For the past six months, IFC’s Senior Health Specialist Charles Dalton has moderated webisodes highlighting the big issues impacting the health-services sector. In his latest blog, Dalton offers some key takeaways garnered from these discussions.
How can a firm thrive in the competitive marketplace of prescription drugs? For our latest 
client case study, we look at Grupo Roemmers, a pharmaceutical company that has grown rapidly throughout Latin America and the Caribbean by utilizing a very effective strategy and management style.

IFC took another step to support vaccine production in Africa by joining a consortium of nine development and finance institutions to support Biovac in South Africa. This partnership aims to increase vaccine-manufacturing capacity in the region, reduce reliance on imports, build a more resilient health sector, and strengthen regional value chains.

IFC is proud to partner with BioNTech and the kENUP Foundation to boost vaccine production in Africa. This initiative takes the novel approach of designing and manufacturing turnkey containerized plants to enable a scaling of mRNA vaccine manufacturing in Africa.
IFC’s Africa Medical Equipment Facility (AMEF), which is helping to bring life-saving medical equipment to Africa, continues to expand with the German medical device manufacturer Karl Storz joining the facility and IFC launching AMEF advisory services for the Kenyan market.
Improving access to needed drugs requires helping pharma companies become more efficient. IFC is doing this while also making sure that manufacturers adopt climate-friendly systems to reduce costs and protect the planet, through a new partnership with Moroccan pharmaceutical companies.

Calling all health tech startups! We invite you to apply for the AfricaTech Awards by March 25 for an opportunity to showcase your solution at VivaTech, a major tech event taking place in Paris on June 15-18, 2022.

How do you integrate healthcare to better serve patients? World-renowned Mayo Clinic sees 1.2 million patients from 140 countries a year and employs 70,000 workers. Two of Mayo’s leading medical professionals offered pointers in a webisode hosted by IFC’s Charles Dalton.

The world currently faces a shortfall of 25 million healthcare workers, with poorer and rural regions especially underserved, and clunky, expensive education systems offering limited spots for new students. IFC discussed these and other challenges facing the industry in another webisode in its health- services series.

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