Axmed
Health
· Headquartered in Switzerland 🇨🇭
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Overview
Axmed, a Swiss healthtech company, has secured €5 million ($6 million) in non-dilutive grant funding from the Gates Foundation to enhance access to affordable medicines in low- and middle-income countries. This funding adds to a previous €4.2 million ($5 million) award, bringing total funding to €11 million ($13 million). The company aims to streamline procurement and delivery of essential medicines, achieving significant cost savings and expanding its reach to 50 million patients within three years.
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Axmed, a Swiss healthtech company, has secured €5 million ($6 million) in non-dilutive grant funding from the Gates Foundation to enhance access to affordable medicines in low- and middle-income countries. This funding adds to a previous €4.2 million ($5 million) award, bringing total funding to €11 million ($13 million). The company aims to streamline procurement and delivery of essential medicines, achieving significant cost savings and expanding its reach to 50 million patients within three years.