#38: 54gene - How the HealthTech platform is building diverse datasets to improve diagnostic and treatment outcomes across Africa

Afrobility: Africa Tech and Business

Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

3y ago 1:58:15

MP3•एपिसोड होम

Overview: Today, we’re going to talk about 54gene - the genomics HealthTech company. We’ll explore the 54gene story across 6 areas:

African Health care status & context
54gene early history
Fundraising & Growth
Product & monetization strategy
Competitive positioning & potential exit options
Overall outlook.

This episode was recorded on Sep 19, 2021

Companies discussed: 54gene, llumina, African Centre of Excellence for Genomics of Infectious Diseases, Y Combinator (YC), 50 Years, Bill & Melinda Gates Foundation, Gilead, IMS Health, Broad Institute, Novartis, Cathay AfricInvest, Helium Health & mPharma

Business concepts discussed: Genomics, Capacity development / Local knowledge development, Healthcare technology, Health insurance coverage, commercial biobanks & public policy

Conversation highlights:

(00:54) - Why we’re talking about 54Gene today
(06:25) - Context on Healthcare and Genomics in Africa
(27:02) - 54Gene founding and early history
(34:13) - Fundraising and early growth - Seed, Series A, Series B
(54:15) - Product and monetization strategy
(1:11:00) - 54Gene capacity building
(1:17:00) - Competition in this space, exit opportunities
(1:30:39) - Olumide’s overall thoughts and outlook
(1:42:38) - Bankole’s overall thoughts and outlook
(1:56:03) - Recommendations and small wins

Olumide’s recommendations & small wins:

Recommendation: Afridigest newsletter (by Emeka Ajene) Awesome and well done. Combines threads from multiple angles. Fabulous.
Recommendation: Frontier FinTech Newsletter (by Samora Kariouki) So thorough and detailed. Love it.
Recommendation: Kate Nash - Foundations. So good
Small win: Galaxy Buds 2 - Small, ANC (Active Noise Cancellation), great battery life, good software controls
Other content: Boom - Supersonic Passenger Airplanes

Bankole’s recommendations & small wins:

Recommendation: Slow Down - King Promise, Code Breakers by Walter Isaacson & Sarah Tavel on 20 minute VC
Small win: Chelsea FC 3-0 W vs Tottenham
Other content: 54Gene partnership with Illumina & Colonialists are coming for blood - Literally

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: We'd also love to link up with you to drive the ecosystem forward. Contact us at info@afrobility.com

Join our insider mailing list where we get feedback on new episodes & find all episodes at Afrobility.com

77 एपिसोडस

#Tech #Afrobility