East Ventures and NalaGenetics’ commitment to supporting genomic sample analysis at the Biomedical and Genome Science Initiative (BGSi)
East Ventures, a pioneering and leading venture capital (VC) firm in Indonesia and Southeast Asia, has signed a Memorandum of Understanding (MoU) with NalaGenetics, a biotechnology company focused on personalized medicine, diet, and screening. This partnership is aimed to support genomic sample analysis in Indonesia's Biomedical and Genome Science Initiative (BGSi). The ceremonial signing of this MoU took place at the East Ventures booth during the Tech in Asia Conference 2023 and was attended by Budi Gunadi Sadikin, Minister of Health of the Republic of Indonesia.
Genetic testing: Leading the way in preventive care for Southeast Asia
In a region plagued by diseases such as heart disease, stroke, cancer, diabetes and neonatal deaths, NalaGenetics is taking a stand. As a prominent provider of genetic testing solutions, this pioneering company is on a mission to combat these ailments and improve patient outcomes in Southeast Asia.
East Ventures launched a white paper on genomics in collaboration with the Ministry of Health of the Republic of Indonesia
East Ventures today launched a white paper “Genomics: Leapfrogging into the Indonesian healthcare future” in collaboration with the Ministry of Health of the Republic of Indonesia and Redseer Strategy Consultants, to provide a comprehensive understanding of how genomics can improve the healthcare system in Indonesia. This white paper serves as a guide for stakeholders in taking the necessary steps to improve our healthcare system and infrastructure for the future.
Why Indonesia should embrace genomics now
Two of the most critical pain points of Indonesia's healthcare system is the high mortality rates for non-communicable diseases, and high cost of treatment. The solution to this is developing genomics. Genomics technology will allow for early detection and targeted treatment, paving the way ahead to transform our healthcare system.
Indonesian Health System Transformation
On 25 October 2022, East Ventures moderated a Fireside Chat with the Indonesian Minister of Health, Budi G. Sadikin at the Embassy of the Republic of Indonesia in Singapore. The session was attended by Singaporean health sector private players, Indonesian businesses, and the Indonesian diaspora in Singapore.
Indonesia’s Health & Biotechnology Investment Opportunities
During the East Ventures Summit 2022, Budi Gunadi Sadikin, Indonesian Minister of Health, was invited to become our keynote speaker, who presented his few insights on Indonesia's Health & Biotechnology Investment Opportunities.
Rising biotech innovations to address Indonesia’s healthcare problems
With an over 270 million population, Indonesia remains an emerging medical market, supported by the surge of healthcare awareness demanded by the rising middle-income community. However, the country has faced chronic problems as the pandemic unveils shortcomings and an elevated sense of urgency to develop a more resilient healthcare system and innovations.
Building the ecosystem of gender equality for the sustainable future
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has again presented its signature women-centered forum: Women with Impact Forum, as part of the celebration of International Women’s Day on 8 March 2022. This virtual forum discussed “Women as Active Agents for Sustainable Development” with five key speakers from different industries, such as venture capital, tech startups, and social enterprises.