Day: February 13, 2023

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OPEN Health to acquire leading US-based life science strategy and advisory firm Acsel Health

London, U.K., Feb. 13, 2023 (GLOBE NEWSWIRE) — OPEN Health, a pre-eminent global provider of scientific communications and HEOR & market access services, announced the acquisition of Acsel Health (“Acsel”), a New York-based life science strategy and advisory firm focused on commercial strategy, pricing and market access, and commercial excellence.

Acsel’s deep industry expertise, scientific rigor, and actionable analysis drives its success in providing valued partnership to life science companies. These capabilities will complement OPEN Health’s existing offering, broadening the range of services it offers to pharma and biotech companies.

Lujing Wang, Managing Partner of Acsel Health, said, “We are thrilled to join OPEN Health and to work with a wider team to solve for today’s demands and meet tomorrow’s expectations for pharma and biotech customers. With new colleagues and capabilities to partner with, we are equipped to answer the most challenging cross-disciplinary questions in life science across all key therapeutic areas.”

“Acsel is an extraordinary addition to OPEN Health. Acsel’s expert team and long-standing client relationships significantly strengthen our ability to support the commercialization of our clients’ assets and unlock access for patients.” said OPEN Health CEO, Rob Barker. “We are excited to welcome Acsel Health into the OPEN Health Group and look forward to working with our new colleagues to offer our clients innovative, scientific solutions around the globe.”

Fairmount Partners acted as exclusive financial advisor to Acsel Health. The terms of the transaction were not disclosed.

About OPEN Health

OPEN Health unites deep scientific knowledge with wide-ranging specialist expertise to unlock possibilities that improve health outcomes and patient wellbeing. Working in partnership with our clients, we embrace our different perspectives and strengths to deliver fresh thinking and solutions that make a difference. OPEN Health is a flexible global organization that solves complex healthcare challenges across HEOR and market access, medical communications and creative omnichannel campaigns. For more information on OPEN Health, visit www.openhealthgroup.com.

About Acsel Health

Acsel Health is a consulting firm that partners with renowned life science companies to guide life-changing innovations through their critical stages, from early development through market maturity. Acsel applies best-practice principles to develop and deliver highly individualized solutions to challenges across the product lifecycle for our clients. For more information on Acsel Health, visit www.acselhealth.com.

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Candice Subero
OPEN Health
candicesubero@openhealthgroup.com

GlobeNewswire Distribution ID 8744608

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Djibouti Chamber of Commerce delegation Arrives in Addis Ababa to Explore Investment opportunities

The Djibouti Chamber of Commerce delegation Arrived in Addis Ababa on Sunday to explore business and investment opportunities, according to Ethiopian Investment Commission.

The delegation is in Addis for an official investment consultation and to explore business and investment opportunities.

Ethiopian Investment Commissioner Lelise Neme received the delegation team and discussed with its president.

In the coming days, the team will have various investment site visits and consultation platforms that aim to promote investment opportunities in Ethiopia aiming to further strengthen the bilateral trade and investment partnerships between the two countries.

Source: Ethiopia News agency

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Kajiado Pastoralists Welcome Livestock Insurance Scheme

Pastoralists in Kajiado County have welcomed the introduction of a livestock insurance scheme program aimed at cushioning them from losses occasioned by the prolonged drought.

The program that is sponsored by the World Bank in conjunction with the State Department of Livestock will enable enrolled pastoralists to pay a subsidized premium.

The World Bank Board of Directors in June 2022, approved $327.5 million to cushion pastoralists in four countries; Djibouti, Ethiopia, Kenya, and Somalia from the impacts of drought.

A total of 250,000 households in Kenya are expected to benefit from the project representing 1.6 million pastoralists and their dependents.

In Kajiado County, 30,000 households are set to benefit from the livestock insurance scheme project.

Twenty thousand households will have their livestock insured for free courtesy of the World Bank while 10,000 others will pay a highly subsidized premium.

At Mzee Justus Lemaiyan’s homestead in Il Bissil, Kajiado Central, heaps of livestock carcasses litter his compound.

Lemaiyan 69, sits pensively outside his manyatta looking at the carcasses of his 152 herd of cattle that have succumbed to the drought.

He revealed that he has only been left with three cows which might die any time as he cannot afford to buy hay to feed them.

“The drought has been so severe, I had 155 cows and many sheep but I am now left with only 3 which I am struggling to feed. It has not rained here for the last 3 years and the situation is getting severe,” he said.

Lemaiyan said the Livestock Insurance Scheme was timely as it will cushion him against the loss of his livestock.

Joseph Kilowua, a pastoralist from Maili Tisa, reiterated Lemaiyan’s sentiments adding that the livestock insurance program will give hope to thousands of pastoralists who have lost their only source of income to the ravaging drought.

Kilowua revealed that he had lost 86 cows to the drought and was now left with nothing after selling two that survived.

Another herder, James Kishoyian noted that the Livestock Insurance program was long overdue and pastoralists should come on board as it is a long-term solution to the perennial drought.

Governor Joseph Lenku last week announced that pastoralists to benefit from the insurance scheme had been grouped into clusters to ensure no one is left out.

The eight clusters are: Iloldokilani, Kaputiei, Keek-Onyokie, Kuku, Matapato, Merrrueshi, Olgulului, and Olkeriai.

“Identification of households to benefit from the insurance scheme is being conducted by Livestock officers, Chiefs and village administrators to ensure that the people who get the free livestock insurance are the most deserving, including those who lost substantial numbers of livestock,” Lenku had said.

The Governor urged the pastoralists to take up the insurance immediately as it is one of the long-term measures put in place to cushion them against incurring massive losses.

Source: Kenya News Agency

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