Browsing: Health

In a pivotal move, Pakistan’s Caretaker Federal Minister of Health has slashed prices (55-65%) of crucial ICU medicine, colistimethate sodium, enhancing affordability and accessibility. This decision, backed by federal approval, reflects a commitment to easing financial burdens on patients, coupled with ongoing efforts to eliminate counterfeit medications and ensure drug safety.

Health-tech startup Sehat Kahani, founded by doctors Dr. Sara Saeed Khurram and Dr. Iffat Zafar Aga, secured $2.7 million in a Series A funding round led by Amaanah Circle. The platform, offering seamless virtual connections between doctors and patients, plans to use the funds to enhance features, including AI tools, and expand globally after experiencing a 141% average year-on-year growth in the last three years.

Pure Health, the Middle East’s largest healthcare platform, has raised an impressive $986 million in an oversubscribed IPO on the Abu Dhabi Securities Exchange, reflecting strong investor confidence. With a fixed price of AED 3.26 per share, the offering’s success is set to propel Pure Health’s market capitalization to AED 36.2 billion, with the founders retaining a substantial 90 percent stake.