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Global Funding

  • Bobbie, a San Francisco-based infant formula companyhas raised $70M Series C funding round led by PowerPlant Partners.
  • Cumulus Neuroscience and researchers have now been awarded a £1.5M funding boost from NIHR to support the development of the ‘Fastball EEG’ test, a technology aimed at improving early detection of dementia and Alzheimer’s disease.
  • Sonio, a French medtech company specializing in improving the health of pregnant individuals and children, has raised $14M in Series A funding for expanding its presence in the United States, and adapting its technology for portable ultrasound scanners.
  • Guud, a Belgium-based startup focused on menstrual health, has secured $1.7M in seed funding in a round led by global investors The startup, which launched in 2021 with a $380K pre-seed funding round, is primarily focused on the Belgian market.

FemTech News:

  • The food and drug administration on Thursday approved a birth control pill to be sold without a prescription for the first time in the US a step that could significant expand access to contraception.
  • According to a recent study 72% of women perceived hormonal variations to negatively impact their overall well-being. Additionally, three out of four participants reported experiencing skin issues during menstrual periods, highlighting the influence of hormonal fluctuations on skin health.
  •  The time of year when eggs are collected from women’s ovaries during fertility treatment could make a difference to live birth rates, new research has found. Researchers have found that transferring frozen then thawed embryos to women’s wombs from eggs collected in the summer resulted in a 30 per cent higher likelihood of babies born alive than if the eggs had been retrieved in the autumn.
  • Endometriosis may be linked to a reduction in fertility in the years preceding a definitive surgical diagnosis, In the first study to look at birth rates in a large group of women who received a surgical verification of endometriosis, scientists discovered that the number of first live births in the period before diagnosis was half that of women without the painful condition, regardless of the form of endometriosis.
  • One in three working women are experiencing symptoms of depression or anxiety, new figures have shown. About 24 per cent suffer from insomnia, 28 per cent from depression and 50 per cent experience anxiety that their employer is not aware of, the research has found.
  •  A new UK study will look at the variation in breast cancer across different ethnic minority groups, as research shows Black women have poorer overall survival than white women. The study will investigate why women from ethnic minority backgrounds are less likely to get breast cancer, but why they may experience more aggressive forms of the disease when they do.
  • Two Health ATMs have been installed in Amethi, India. This revolutionary product will transform healthcare accessibility in rural areas through innovative machine technology that fosters and advances the well-being of the local communities.

FemTech India Partner Company News:

  • FemVed has collaborated with FemTech India to unleash the power of Ayurveda for preventive care and total wellbeing under the “The Rising Tide: Ayurveda making waves in FemTech” theme.
  • Swarnima Bhattacharya Gytree Transitions from Chief Product Officer to Co-Founder Role
  • Humm Care has partnered with CICO Group to build awareness around financial planning and highlight the significance of saving and investing.
  • Archish IVF conducted a workshop on Embroyo Biopsy – Practical tips and techniques. The workshop gave an overview of the techniques and the advancements in the field.
  • YON E Global Founder Roswitha Verwer Recognized in the NYC Journal’s List of Top 20 Woman Disruptors to Look Out for in 2023!
  • Miyara’s psychologist and workshop leader – Dr. Gargi Sandilya hosted an informative workshop on emotional eating – Tips to break the cycle.
  • PeeSafe was featured on Tracxn’s list of Emerging Startups 2023: Top Beauty Tech Startups.

Global FemTech News :

  • The UK gynaecological health start-up Daye has launched a virtual period pain clinic to help women and assigned female at birth individuals identify the root cause of their period pain and manage symptoms.
  •  Les Mills has launched a free toolkit to help women stay active and get the most from workouts throughout their menstrual cycle.The world leader in group training has designed a series of workouts and educational resources to navigate the physical and
  • &SISTERS, a family-run sustainable period care brand known for its compostable pads, tampons, and liners, has acquired Mooncup, the world’s first silicone menstrual cup. This strategic partnership aims to drive positive change and offer sustainable alternatives to mainstream period products.

Drugs, Diagnostics, and Pharma:

  • Serum Institute of India (SII), a global leader in vaccine manufacturing, has announced that MenFive, the first conjugate vaccine to protect against the five predominant causes of meningococcal meningitis in Africa, has been prequalified by the World Health Organization (WHO).
  • Apollo, the largest vertically integrated healthcare provider announced the launch of Apollo Children’s dedicated network for Paediatric care. With a wide network of 40+ hospitals, 900 + dedicated beds for paediatric care, 400+ specialised paediatricians providing services across 25+ specialised paediatric care specialities.
  • Bayer and Peking University (PKU) will collaborate to foster the translation of basic pharmaceutical research into drug discovery and development, while accelerating scientific research on cutting-edge technologies across the pharmaceutical value chain.

Research, Insights, and Market Projections :

  • Researchers at the Indian Institute of Science (IISc) have developed a fluorogenic probe to detect enzyme linked to early stage of Alzheimer’s. Currently techniques deployed to detect manifestations of Alzheimer’s disease are MRI, PET, and CT scans. These are seen to be complex, expensive, and often producing inconclusive results.
  • sleeping for less than six hours a day may undermine the protective effects of physical activity against cognitive decline. The research showed that people who were more physically active but had short sleep — less than six hours on average — had faster cognitive decline overall, meaning that after 10 years their cognitive function was equivalent to peers who did less physical activity.
  • An increased responsiveness of the human body to insulin during deep sleep, in turn, improving blood sugar control the next day, may be why lack of quality sleep is considered to increase risk of diabetes, researchers say.

Government News:

  • The Central Drugs Standard Control Organisation (CDSCO) is rationalising the drug regulations in consultation with global regulatory experts. This, according to the Drugs Controller General of India (DCGI) Rajeev Singh Raghuvanshi, will be done towards ease of doing business and developing a quality culture.
  • The Goods and Services Tax (GST) Council has decided to exempt anti-cancer medicine dinutuximab and medicines and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases from the Integrated Goods and Services Tax (IGST) when imported for personal use.
  • The Union Ministry of Ayush has requested the Directorate General of Foreign Trade (DGFT) to address the issues related to exports of Ayurveda, Siddha and Unani (ASU) drugs under the Harmonized System (HS) Codes of Pharmaceutical Products.

Jobs on Board:

  • Hera is looking for a UI UX Designer. Hera is platform to help women navigate from menstruation to menopause.
  • Newmi is looking for a social media specialist. Newmi is India’s first omnichannel focused on women health and wellness
  • iMumz is looking for an Area Sales Manager. iMumz is a fastest growing platform for Indian pregnant women.

Today’s newsletter is brought to you by Navneet Kaur and Jayant Pal Singh

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