Nigerian health company 54Gene has closed a $15 million round to scale its genome data bank operations and research collaboration efforts in Africa. The round was led by Adjuvant Capital, a US firm whose fund focuses on investing in companies working on drug development and health research. Adjuvant is backed by the International Finance Corporation, […]
The State of Health Tech in Nigeria, a deeply researched report about the health tech industry and the innovative startups building tech solutions to Nigeria’s health-related problems was officially unveiled at TC Townhall: The State of Health Tech in Nigeria.
There is still no single legal framework for the regulation of the health tech sector in Nigeria. Instead, there is a reliance on the guidance of the different traditional health care areas each having their own set of guidelines and regulations.
On Friday, January 25, 2019, our TC Townhall: The State of Healthtech in Nigeria, convened leading healthcare innovators, investors and public health stakeholders to discuss the challenges and opportunities in the sector. Here are some key highlights from the townhall:
Countries like Nigeria do not have the resources to replicate the high-cost model of healthcare found in developed countries. But technology can leapfrog over obsolete methods and go straight to modern, and cheaper tech-enabled healthcare solutions.