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Tag: PBR Life Sciences

  • PBR Life Sciences raises $1 million to drive AI-driven healthcare solutions across Africa

    PBR Life Sciences raises $1 million to drive AI-driven healthcare solutions across Africa

    PBR Life Sciences, founded by pharmacist Ayodeji Alaran in 2015, has secured $1 million in pre-seed funding. 

    This investment, announced on Friday, aims to enhance AI-driven healthcare solutions across Africa, addressing critical gaps in healthcare data accessibility.

    Read also: Airtel Nigeria, Mobihealth collaborate to enhance telehealth services for underserved Nigerians

    Bridging the data gap

    The company’s flagship platform, Versus, utilises anonymised data from pharmacies to provide insights for pharmaceutical companies, enabling better decision-making regarding product performance and market strategies. 

    Alaran, who previously worked with major pharmaceutical firms like GSK and Pfizer, recognised the urgent need for improved healthcare data in Sub-Saharan Africa.

    “Being backed by reputable venture capital investors validates the vital need to close the gap of inadequate real-world healthcare big data,” he stated, emphasising the importance of this funding for future growth.

    Commitment to inclusivity

    PBR Life Sciences focuses on people, not just numbers. The company seeks to involve underrepresented patient populations in clinical trials, ensuring that healthcare solutions take diverse perspectives into account.

    This commitment to inclusivity is vital for addressing the unique health challenges of diverse communities across the continent.

    The funding round attracted notable investors such as Launch Africa, Microtraction, and Octerra Capital, who expressed confidence in PBR’s potential. 

    “PBR is set to be a key player in transforming healthcare delivery across the continent,” remarked Uwem Uwemakpan from Launch Africa. 

    Similarly, Ashim Egunjobi of Octerra Capital highlighted PBR’s innovative technology: “We believe in PBR’s tremendous potential to reshape access to health data across Africa.”

    Read also: Smart Applications enhances healthcare in Kenya with new digital system

    Expanding horizons

    PBR Life Sciences plans to expand into Ghana and Kenya, aiming to replicate its successful model in these markets. As health challenges grow, the demand for data-driven healthcare solutions increases. PBR aims to enhance care and resource allocation by utilising AI and machine learning.

    PBR Life Sciences exemplifies the innovation trend in Africa’s healthcare sector. With new capital, the company aims to transform healthcare using big data and AI, focusing on profitability and impact in emerging markets while ensuring every voice is heard.

  • PBR Life Sciences lead healthcare revolution with AI integration

    PBR Life Sciences lead healthcare revolution with AI integration

    Africa’s health sector is witnessing a significant advancement with the integration of AI technology, promising to revolutionise patient care and healthcare outcomes. 

    Amidst this transformative landscape, PBR Life Sciences emerges as a leading force, leveraging AI and big data to drive positive change and address longstanding disparities in healthcare inclusion.

    Closing Gaps in Healthcare Inclusion

    In an interview with Techpression, PBR Life Sciences CEO, Ayodeji Alaran, explained that the healthcare company is bridging gaps in healthcare inclusion, particularly for African patients in the diaspora, PBR is championing data-driven decisions and innovations. 

    He emphasised AI at the core of PBR’s operations, adding that “we leverage big data to close the gap in the inclusion of black patients in healthcare across Europe and the US. AI helps us clean unstructured data quickly and efficiently, enabling us to work with millions of data points in minutes instead of months.”

    Read also: How Technology Improves Healthcare in Africa

    This approach not only streamlines data processing but also enhances patient inclusion and healthcare outcomes, marking a significant step towards equitable healthcare access.

    Real-World Data and Innovation

    PBR Life Sciences’ dedication to real-world data and innovation positions the company as a key player in driving advancements in healthcare. Through participation in Techstars ’23, PBR Life Sciences has refined its value proposition, interacted with potential investors, and enhanced solutions for the benefit of patients and healthcare providers. This commitment to innovation underscores the company’s potential to shape the future of healthcare delivery.

    Positive Industry Trends and Growth Opportunities

    The positive absorption trends witnessed in Q4 2023 within the life sciences sector signal growth opportunities for companies like PBR Life Sciences. This favourable industry environment sets the stage for impactful contributions to the healthcare landscape, with a focus on leveraging technology to drive positive change and advancements in patient care.

    Unleashing Innovation for Future Healthcare Solutions

    As PBR Life Sciences journeys on in 2024, the company remains dedicated to unleashing innovation through the strategic utilisation of big data, AI, and real-world insights. With a strong foundation in technology and a vision for transformative healthcare solutions, PBR Life Sciences is poised to shape the future of healthcare delivery and patient outcomes.

    In essence, PBR Life Sciences stands as a beacon of innovation in the healthcare sector, leveraging cutting-edge technologies to drive positive change and advancements in patient care while focusing on enhancing patient inclusion and making a significant impact on Africa’s health sector.