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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. This is besides its more grandiose plan of venturing outside Nigeria into other markets within Africa.

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Balancing Innovation and Safety: The Tepezza Lawsuit’s Implications for the Pharmaceutical Industry

Strategy Driven

The mere onset of an unknown medical condition has the pharmaceutical giants leaving no stone unturned to deliver the antidotes as fast as they can. In this blog post, we will shed light on the concerns surrounding Tepezza and what it means for the ever-growing pharmaceutical industry.

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

TechCrunch

Resilience’s founders identified problems in the therapeutic manufacturing process as one of the key problems that the industry faces in bringing new treatments to market — and that hurdle is exactly what the company was founded to overcome.

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How Pharmaceutical Companies Can Continuously Generate Market Impact With AI

Dataiku

These are massive numbers and, while true that research and discovery are a key part of the life sciences and pharmaceuticals value chain, data science, machine learning, and AI can play a valuable role across its entirety. Total spending on AI-related drug discovery and development tools is expected to hit $1.3

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8 cannabis investors share their outlook on the European market in H1 2022

TechCrunch

Another important data point that connects both regions: the black market is a competitive factor. However, things are moving on the legal side of the market — it appears medical cannabis still carries most of the momentum, and it is only accelerating. Europe is largely a medical-only market right now. billion by 2026.

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SkyCell raises a $35 million series C round and enters COVID-19 vaccine distribution market

TechCrunch

SkyCell co-founder and CEO Richard Ettl says the industry typically factors in about a 4% failure rate for established markets and 12% failure rate for emerging markets when it ships drugs around the world. . Before COVID-19, the company was delivering about 250 million vials of pharmaceutical products per year across all customers.

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Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO

The pharmaceutical industry is a highly regulated one, especially for multinationals doing business across the globe. Merck Life Sciences, a leading chemical and pharmaceutical company, with 60,000 employees working across 66 countries, was one of them. Dependency on human resources is both time-consuming and fraught with errors.