IFC Health Newsletter | October 2020

Dear friends and colleagues,
I am pleased to share with you an interview with Richard Hatchett, CEO of the Coalition for Epidemic Preparedness Innovations (CEPI), as well as updates about new thought leadership and initiatives, such as the Global Health Platform 
to help increase availability of critical healthcare supplies for developing countries amidst the COVID-19 pandemic


Elena Sterlin
Head of Health and Education, IFC

Expert Voices: An interview with Richard Hatchett

As the world moves quickly to develop and deploy a vaccine for COVID-19, Richard Hatchett, CEO of the Coalition for Epidemic Preparedness Innovations (CEPI), discusses how to ensure that a safe and effective COVID vaccine will reach low-income countries. Read the interview here.

Thought Leadership

Elena Sterlin, Head of Health and Education at IFC, and Muhammad Ali Pate, Global Director of Health, Nutrition, and Population at the World Bank, explain how embedding ethical principles in everyday health care delivery will help achieve the global goal of Universal Health Coverage by 2030. IFC Senior Health Specialist Charles Dalton outlines the latest steps IFC is taking, through our EPiHC initiative, to carry forward this important work that aims to embed ethical decision making and behavior in private healthcare organizations, associations, and investors. Learn more about EPiHC and sign up here.
Subir Basak, Life Science Specialist at IFC, traces the evolution of R&D into therapeutics and vaccines to fight infectious diseases over the past two decades and what lessons can be learned from this as we develop and test treatments to combat COVID-19.

IFC digital healthcare experts Monique Mrazek and Felicity O’Neill describe how health-tech innovators are integrating artificial intelligence into product solutions, with early examples showing promise in improving diagnoses, reducing costs, and enabling access to remote health services.

The COVID-19 pandemic is boosting the adoption of new modes of delivering healthcare, which both holds great promise and presents new challenges, writes Chris McCahan, IFC Global Sector Lead for healthcare services.


IFC’s new Global Health Platform is designed to improve the supply of medical equipment, vaccines, and other therapeutics for developing countries to better manage the COVID-19 pandemic. IFC will contribute $2 billion from its own account while mobilizing an additional $2 billion from private-sector partners. More details in this press releaseweb feature and news story.
IFC is helping South Africa-based logistics firm Imperial to develop and deploy modular testing and treatment units for COVID-19 patients in densely populated, low-income urban areas where access to health care is limited. With IFC support, Imperial is launching the program in South Africa, with plans to roll out to other Sub-Saharan countries including Ghana, Kenya, and Nigeria. More details in this press release.
IFC has approved a $4 million local currency loan to help International Medical Group in Uganda make it through a severe cash crunch caused by the COVID-19 pandemic. The Group runs a hospital and 17 clinics and serves 300,000 patients a year, including providing subsidized medical aid to low-income communities. More details in this press release.

IFC has launched a series of health care webinars for investors, practitioners, and policymakers to learn about the latest trends, innovations, and considerations in hospital services and digital health, improvements in quality of care, public-private collaborations, medical equipment, and life sciences. Click here to watch a recording of the first in the series, Electronic Medical Records in the Age of Digital Health.
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