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IFC invests USD 16.5 mn in MedGenome to increase COVID-19 testing in India

The partnership, apart from increasing the access to COVID-19 testing, will also support research to better help understand the virus, its variants and manage future outbreaks, IFC and MedGenome said in a statement on Thursday.

IFC’s USD 16.5 million equity investment will support the expansion of MedGenome’s diagnostic services as well as boost genomic data from South Asian populations, which can help provide valuable insights into complex diseases and help develop effective medical solutions for diverse populations, it added.

Olympics-Risk of COVID spread is ‘zero’, IOC chief says, amid rising cases

Just over a week before the July 23 opening ceremony, Tokyo reported 1,308 new COVID-19 infections on Thursday, its highest daily tally since late January. Postponed last year due to the COVID-19 pandemic, the Summer Olympics have little public support in Japan amid widespread fears about a further spread of the coronavirus.

Critics on Thursday submitted a petition against the Games that has garnered more than 450,000 signatures this month, Japanese media reported. Organisers have imposed Olympics “bubbles” to prevent further transmissions of COVID-19, but medical experts are worried they might not be sufficiently tight.

Device taps brain waves to help paralysed man communicate

”Most of us take for granted how easily we communicate through speech,” said Dr. Edward Chang, a neurosurgeon at the University of California, San Francisco, who led the work. “It’s exciting to think we’re at the very beginning of a new chapter, a new field” to ease the devastation of patients who lost that ability.

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