Kampala, Uganda | RONALD MUSOKE | The European Investment Bank (EIB), the world’s largest multilateral bank, and Afreximbank, the pan-African multilateral financial institution, have joined hands to finance healthcare and pharmaceutical manufacturing projects across sub-Saharan Africa in an attempt to strengthen health resilience on the continent. The new €200 million healthcare …
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Equity Bank provided up to US$100 million funding for construction, importation of HiTech Medical Equipment and machines as well as working capital support. Uganda Development Bank has contributed US Luwero, Uganda | THE INDEPENDENT | The President of Uganda Yoweri Kaguta Museveni, on Friday commissioned the Dei Biopharma manufacturing facility …
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Addis Ababa, Ethiopia | Xinhua | Experts have called on African countries to expedite the local manufacturing of pharmaceutical products amid the continent’s dependence on externally manufactured medicines. The experts made the call during a virtual meeting hosted by the UN Economic Commission for Africa (UNECA)’s AfCFTA(African Continental Free Trade Area)-anchored …
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Washington, United States | AFP | A new drug cocktail reduces the length of treatment for multi drug-resistant tuberculosis from nearly two years to nine to 11 months with a similar effectiveness, according to a large clinical trial whose results were published in a US journal Wednesday. Nearly 600,000 people …
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Bethesda, United States | AFP | Christian Hinrichs knew his life had forever changed the day he thought he was pouring milk into a glass, but heard it splashing on the floor instead. It was 2005, and the young cancer surgeon had just undergone the removal of his right eye …
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New York, United States | AFP | Martin Shkreli, once dubbed the most hated man in America for ratcheting up the price of an HIV drug, was sentenced to seven years in prison Friday on charges of defrauding investors. The disgraced former pharmaceutical executive and hedge fund manager was convicted in …
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Miami, United States | AFP | A precision cancer treatment that targets rare genetic mutations that exist in about 5,000 people in the United States instead of the tumor’s location in the body has shown success in three-quarters of patients, researchers said Wednesday. The medicine, called larotrectinib, is made by …
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Washington, United States | AFP | US regulators have approved the first pill that contains a digital tracking sensor to alert doctors and caregivers as to whether a patient is taking a medication as scheduled. The pill, called Abilify MyCite (aripiprazole tablets with sensor), is designed for patients with schizophrenia, …
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Miami, United States | AFP | The United States approved the first gene therapy against cancer on Wednesday — a treatment that uses a patient’s own immune cells to fight leukemia — opening a new era in the fight against one of the world’s top killers. The treatment is made …
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Miami, United States | AFP | A cancer treatment that genetically alters immune cells has shown success in 71 percent of adults with the most common form of leukemia, and for whom other medicines had failed, US researchers said Monday. The treatment, known as experimental chimeric antigen receptor (CAR) T-cell …
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