article thumbnail

Nigerian e-health pharmaceutical distribution startup DrugStoc secures $4.4 million Series A funding, embarks on expansion drive

TechCrunch

The pharmaceutical supply chain across Africa has for decades remained fragmented leading to sourcing and distribution challenges as well as quality concerns; as fake and substandard products flood the market. Chibuzo Opara and Adham Yehia, the co-founders of DrugStoc, a tech-based pharmaceutical procurement platform.

article thumbnail

Resilience raises over $800 million to transform pharmaceutical manufacturing in response to COVID-19

TechCrunch

billion to spend on sustainability and health-focused biotech. “It Flagship Pioneering raises $1.1

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Industry clouds prove their business value

CIO

Veeva’s life sciences cloud, for example, not only handles Idorsia’s regulatory, sustainability, and commercial processes but also provides predefined FDA formatting. Veeva already created the vertical for the pharmaceutical industry and the workflows and terminologies of the industry are pre-configured and embedded in their product.”

Industry 276
article thumbnail

Better Dairy slices into new funding for animal-free cheeses

TechCrunch

While other food tech companies are tackling softer cheeses like mozzarella or whey proteins, Better Daily is targeting hard cheeses, a process that is more complex, in a more sustainable way. It is not just about being animal-free and sustainable, but also delicious. Image Credits: Better Dairy. “We

article thumbnail

Nanome raises $3 million to help scientists get up close with molecular structures in VR

TechCrunch

So far, Nanome has worked largely on projects with companies in the food and beverage industry, as well as another to develop more sustainable batteries. But they have plans to use this new funding to expand into pharmaceutical chemistry, synthetic biology, and even education.

VR 278
article thumbnail

Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

TechCrunch

. “Prosperity7 inspired us to look into sustainable chemistry,” said Zhavoronkov. The same technology can also be applied to find novel and useful molecules for sustainable chemistry, an emerging area to which Aramco has devoted much effort, the founder explained. When asked why the company straddles China and the U.S.,

Chemicals 187
article thumbnail

Accelerating Aerospace Organizational Innovation, Speed, and Resilience with Digital Technologies

CIO

Its impact on the global economy spans many industries, especially Pharmaceuticals, Beauty and Care products, Semi-Conductors, and Food and Nutrients. They are focused on cybersecurity and sustainability and delivering on the design cycle faster than ever. Billion in 2020 and is projected to reach USD 131.68