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Lifestores Healthcare raises $3M to expand its pharmaceutical marketplace across Nigeria

TechCrunch

Africa’s $45 billion pharmaceuticals market is expected to grow 10% CAGR to $100 billion by 2030. A handful of healthtech companies bring efficiency to Nigeria’s pharmaceutical supply chain issues; Lifestores Healthcare is one. Because the market is fragmented, we’re saturating certain regions before we move to other ones.”.

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

TechCrunch

According to a statement, the company will invest heavily in developing new manufacturing technologies across cell and gene therapies, viral vectors, vaccines and proteins. RESILIENCE will enable these solutions by combining cutting edge technology, an unrivaled pool of talent, and the industry’s first shared service business model.

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

Strategy Driven

In today’s time, scientific and technological breakthroughs have helped mankind combat the deadliest of diseases and bring relief. 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.

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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. . 1%, according to an outside audit of the technology. . So far, SkyCell’s temperature excursion rate is less than.1%,

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

CIO

Their products, research, and technologies are changing the way the world works. The impact of space technology, on other industries, is wide and vast, and the innovation ripple of research has spurred many high-profile products, including Teflon and CAT scans, as well as many more developments from NASA.

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AgBiome lands $166M for safer crop protection technology

TechCrunch

The microbes already discovered are used by humans for things like pharmaceuticals, food and agriculture. Other fungicides on the market today require seven days before re-entry and pre-harvest, Uknes explained. It also has a shorter pre-harvest time of four hours after application.

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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.