Healthcare Tech in Mauritius: A booming market for Swiss companies

Healthcare Tech in Mauritius: A booming market for Swiss companies

Mauritius has become one of the fastest advancing destinations in the fields of Medical Technology and Treatment in Africa.

While the official mandate for all African countries remains to start or increase manufacturing their own medical equipment, the reality today still sees rapidly growing imports from outside Africa in order to meet existing and up-coming demands and therefore presents a variety of business opportunities for Swiss companies.

Core Market Segments

The healthcare sector in Mauritius has metamorphosed itself into an integrated cluster underpinned by a core group of high-value activities such as Medical Devices, Medical Tourism, Tele Medicine, Alternative Medicine and Wellness.

A variety of global healthcare companies – among them Swiss companies like Novartis and Labatech-Pharma – have already either invested in multi-specialty and super-specialty centres of excellence to cater for the growing healthcare needs or export their products to Mauritius.

Read the full article here.

 

Source of the article: Switzerland Global Enterprise
Photo credit: ©Pixabay
Why Africa is Fertile Ground for Tech Entrepreneurs

Why Africa is Fertile Ground for Tech Entrepreneurs

Timbo Drayson seemed destined for Silicon Valley by way of the United Kingdom. He studied engineering at the University of Oxford before starting at Google, and then spent the next six years working in marketing and product management in London and San Francisco.

He built the YouTube app for mobile phones, marketed the first Android phone and has seven U.S. patents to his name. When he was offered a “dream job” at YouTube several years ago, he packed his bags and set his sights on San Francisco. But before he did, he took three months off to travel and reconnect with what matters in life — and that’s exactly what happened.

“I did a tech tour of Sub-Saharan Africa and was inspired by all the startups I met that were impacting the world through their profitable businesses,” Drayson says in the 2017 book Digital Kenya: An Entrepreneurial Revolution in the Making. “Realizing it was now or never, I left Google in mid-2013 to move to Kenya to have a better chance at solving a bigger problem.”

Read the full article here.

Source : Ecorner
Photo credit: Ecorner

Strategic partnership with potential to save tens of thousands of lives in developing countries

Strategic partnership announced for the deployment of new medical imaging technology with potential to save tens of thousands of lives in developing countries

The Swiss companies Pristem SA, a spin-off of the EPFL (The Swiss Federal Institute of Technology, Lausanne) and Glosya Sarl, have agreed to join forces for the commercial deployment of a new radiology technology specially designed for emerging markets.

According to the WHO nearly 5 billion people – representing two-thirds of the world’s population – still lack access to such fundamental medical technology. The market is estimated to be worth several billion francs. To meet and sustain such high potential will, however, require not only the conception of an appropriate system but also the parallel development of viable distribution channels and after-sales service networks – both of which tend to be sorely lacking in many parts of the developing world. The partnership between Pristem and Glosya aims precisely to provide a comprehensive response to these challenges – one that addresses the range of technical, commercial and operational aspects in a fully integrated manner.

Just over four years ago, a team of enthusiastic doctors and engineers came together to develop from scratch innovative and accessible medical imaging technology specifically adapted to meet the needs and constraints of the developing world. The team evolved into an extensive project group uniting the expertise of some 20 EPFL specialist laboratories, the Western Swiss University of Applied Sciences and Arts (HES-SO), the Lausanne University Hospital (CHUV), the Paul Scherrer Institute, the EssentialMed Foundation, the Swiss Tropical and Public Health Institute (TPH), the National Advanced School of Engineering (ENSP), Yaoundé, Cameroon, and the University Teaching Hospital of Yaoundé, Cameroon.

The resulting X-ray radiology system represents a significant breakthrough in the provision of modern health systems for developing countries by opening wider access to state-of-the-art digital imaging technology that is both eminently affordable and robust.

Indeed, Pristem is currently transforming the prototype successfully tested at EPFL into a production model that may be readily and efficiently operated in the often extreme conditions facing hospitals and other target beneficiaries in the developing world. Besides extremes of climate, these notably include dusty environments, limited or unstable electricity supplies and maintenance restraints. The initiators were convinced from the outset that in order for the project to be sustainable and globally replicable, an economically viable outreach strategy, in line with sound business and commercial logic, was a vital prerequisite.

To this end, Pristem was specifically conceived as a vehicle for the deployment of essential technologies, such as those developed by EPFL and its partners, aimed at alleviating global poverty. Its founders, drawn from prominent academic, industrial and financial circles, are all experienced entrepreneurs who are committed to furthering the principles of sustainable development while creating new perspectives and opportunities for Swiss business..

Dr Klaus Schönenberger, Chairman of the Board and Director of the EPFL’s EssentialTech Programme, and Mr. Bertrand Klaiber, CEO and co-founder of Pristem, pictured with the prototype for the first digital radiology apparatus specifically conceived for deployment in emerging markets.

As Pristem engineers continue to advance their work on the industrialisation, technical clearance and production phases, Glosya will be working in parallel to identify the optimum financial and commercial partners needed to ensure successful deployment of the new technology.

Established with the specific mandate of opening access to African markets for Swiss companies and institutions, Glosya will place its expertise and resources at the disposal of Pristem in order to prepare and implement commercial deployment.  Whilst the first focus will be on Africa, they will further begin exploring the potential of Asian markets. In both regions, this will involve the creation of distribution networks and promotional strategies directed at private radiology practitioners and clinics as well as hospitals and other public health facilities.

In this way, Glosya complements the strong industrial proficiency of Pristern by providing targeted intelligence and expertise on the commercial, logistical, legal, contractual and regulatory aspects specific to each given market. Its in-depth knowledge of the African continent coupled with – one of its key strengths – an extensive network of reliable and efficient partners enable it to take into account particular local factors that may be unfamiliar to new investors.

Picture on the top: Dr. Jean Roger Moulion Tapouh, radiologist and project leader in Cameroon, and Romain Sahli, EPFL Engineer and project leader in Switzerland, pictured with the prototype for the first digital radiology apparatus specifically conceived for deployment in emerging markets.

For more information, contact:

Bertrand KLAIBER

Bertrand KLAIBER

CEO Pristem SA

T +41(0)21 552 60 26
bkl@pristem.com

Bernard STOESSEL

Bernard STOESSEL

CEO Glosya Sàrl

T +41(0)22 715 25 37
bernard.stoessel@glosya.com

logo glosya

PRISTEM SA
Pristem is a pioneering company active in the field of medical technologies (Medtech). Its primary vocation is the industrialisation and commercialisation of appropriate systems in emerging markets. In the furtherance of this aim, the company combines strong capacity for innovation in the domain of digital medical technologies with complementary expertise in the manufacture of robust and durable equipment, which builds upon Switzerland’s long tradition for quality and industrial know-how. To enhance these two strategic axes, Pristem benefits from active partnerships with prominent research institutes and leading industrial companies.

GLOSYA SARL
Glosya brings together a multidisciplinary team of prominent Swiss and African entrepreneurs with expertise in the domains of health, finance, international business law, media and information technology. Its vocation is to create new opportunities in African markets for Swiss companies and institutions. It works closely with clients to help establish a viable local presence as well as accompany them, as required, throughout the process of on-going commercialisation.

AFRICA, AN ELDORADO FOR SWITZERLAND ?

Does Africa represent a potential Eldorado for Switzerland? Leaving aside the simplistic and somewhat inelegant formulation of the question, the answer must be a resounding yes. Indeed, there a so many potential synergies and areas of complementarity between the vast continent and tiny European state that it can only make eminent sense to bring them together with a view to multiplying the mutual benefits.

In many ways, Africa has been a victim of its own wealth. Perversely, its natural mineral and other riches became the source of its problems. In other words, it can now strongly be argued that what is in abundance in one of the two regions is precisely what is deficient in the other. We can …

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