NAIROBI, Kenya - Competition in the Kenyan and regional health insurance sector could heighten with the acquisition of a major player by global private equity firm, LeapFrog Investments. LeapFrog Investments known globally for shaking markets that it enters last week announced plans to acquire a controlling stake in Resolution Health East Africa Limited. The acquisition is said to cost anything in the region of $19 million and according to.... Read more »

Posted on : Friday , 12th December 2014

MWANZA, Tanzania – The Lake Tanganyika Floating Health Clinic/WAVE non-governmental organization is introducing a floating health clinic on Lake Tanganyika.  East African Business Week has learnt that LTFHC/WAVE is an international NGO whose mission is to help ease problems of healthcare access for isolated communities in the Lake Tanganyika Basin. Lake Tanganyika basin is one of the most remote areas in Tanzania. LTFHC has.... Read more »

Posted on : Friday , 12th December 2014

Samsung Electronics South Africa has invested significantly into the medical sector, with the aim of using the latest in technological innovation to assist in delivering transformational change in the health sector in Africa.Through its Health and Medical Equipment portfolio, Samsung has developed market-leading solutions in areas including Digital Radiology, Ultrasound and IVD (in-vitro diagnostics), to help address some of the significant.... Read more »

Posted on : Wednesday , 10th December 2014

Philips East Africa and the Diagnostic Imaging Department at Karen Hospital have inaugurated the Philips Ingenia 3.0T MRI, billed as the first-ever digital broadband magnetic resonance imaging (MRI) solution.Driven by Philips’ commitment to developing innovative patient care solutions, the Ingenia MR delivers exceptional image clarity, scanning efficiency and scalability. Karen Hospital has acquired one of the most advanced MRI systems of.... Read more »

Posted on : Wednesday , 10th December 2014

Logistics company Imperial Logistics’ Africa-focused healthcare supply chain management provider last month started the construction of a $20- million pharmaceuticals storage and distribution facility in Nairobi, Kenya.   Imperial Health Sciences MD Dr Iain Barton states that the project started on September 15 and is scheduled for completion in October and to be commissioned in November 2015. He says the state-of-the-art facility.... Read more »

Posted on : Thursday , 4th December 2014

A $25 million intravenous fluids plant was officially opened this month in Sudan by Vice President Hassabo Mohamed Abdul-Rahman.   The plant, which has been ready for production for the past seven years, had faced operational delays owing to differences with the Malaysian partner and has capacity to produce 8 million units of intravenous fluids and 700,000 units of solutions for kidney dialysis.   Sudan Vision Daily reported.... Read more »

Posted on : Thursday , 4th December 2014

Pharco Pharmaceuticals has entered into an exclusive license agreement to develop and commercialize Presidio’s clinical stage hepatitis C virus (HCV) NS5A inhibitor PPI-668 in Kenya.   With the exclusive license, Pharco will now be able to expand its licensed territory to one or more additional countries in the Middle East and East Africa region.   Pharco Pharmaceuticals vice chairman and chief executive officer Dr Sherine.... Read more »

Posted on : Thursday , 4th December 2014

Local RDTC production assures the supply of sunscreen for 2,000 affected people in North Tanzania; BASF provides ingredients and expertise for improved sunscreen and further expansion of the station. Those affected have light-colored skin, hair and eyes, making them more susceptible to sunburn and putting them at increased risk of skin cancer. In the East African country at the equator one in every 2,500 inhabitants is a person with.... Read more »

Posted on : Wednesday , 19th November 2014

A Global Pharmaceutical firm on Friday launched a new anti malaria drug formulation into the Kenyan market that is aimed at increasing adherence to the medication. "Malaria patients now only have to take one tablet per dose compared to the four tablets previously," Novartis Pharma Services Manager for Africa Operations Nathan Mulure said in Nairobi. Novartis said that the new formulation has already been launched in Nigeria and.... Read more »

Posted on : Wednesday , 19th November 2014

In the follow up of the recent launch of mobile health  platforms in Nigeria healthcare. Airtel Nigeria is forming an alliance with an Indian outfit: Apollo Hospitals to enhance health care in Nigeria via telemedicine service. The telemedicine  service will be available for Nigerians and Airtel’s Premier customers. It aims to reduce travels to India for the   healthcare consultation and treatments that could be treated.... Read more »

Posted on : Friday , 14th November 2014

Merck, a leading company for innovative and top-quality high-tech products in the pharmaceutical, chemical and life-science sectors, announced on Thursday the signature of a memorandum of understanding with Kenya Medical Research Institution (KEMRI) for a scientific partnership. Merck said in a statement that the partnership aimed at contributing to Kenya's social and economic development would cover research and development.... Read more »

Posted on : Friday , 31st October 2014

Private equity firm Catalyst Principal Partners has bought a stake in Mimosa Pharmacy, a retail drugs store chain, in the first local investment by the investor. Catalyst said it made the investment jointly with Africa Chemist and Beauty Care (ACBC), a Mauritius-based pharmaceutical chain. The deal amount was not disclosed but a typical investment ranges between $5 million (Sh444 million) and $20 million (Sh1.78 billion). The private equity.... Read more »

Posted on : Friday , 31st October 2014