Summary:

«Research says that counterfeit medication is the cause of 1 million deaths per year. One-tenth of this number comes from Africa. Counterfeiting is hard to detect, investigate, quantify or stop. It is a global problem, with annual earnings from substandard drugs standing at over $100 billion.»

«More modern approaches are being adopted these days, which is the case of RxAll, a startup using deep technology to provide quality medication to patients. Today, the U.S. and Nigerian-based company is announcing a financing round of $3.15 million to scale across existing markets and improve its technology.»

Article written by  Tage Kene-Okafor. Photo by RxAll.

20|07|2021

Source:

Tech Crunch

https://techcrunch.com/2021/07/20/rxall-grabs-3-15m-to-scale-its-drug-checking-and-counterfeiting-tech-across-africa/