Can $12 Billion Jumpstart Women’s Health?

Women’s health, legislation, and financial collage Image Credit: Women’s health, legislation, and financial collage/ Nicole Bean for Biospace

The focus on prioritizing women’s health has slowly been increasing throughout the life sciences and healthcare industries in recent years. Still, women’s health is underfunded, with only 2% of the $41.2 billion funding granted by venture capitalists in 2023, according to a Deloitte analysis of PitchBook data.

Last month, President Biden signed an Executive Order on Advancing Women’s Health Research and Innovation. This is a huge step forward to jumpstart funding and incentivizing women’s health research, not only in the United States, but on a global scale. This monumental step highlights the significant opportunities and challenges presented in women’s health.

Federal Funding

Through the White House Initiative on Women’s Research, launched in 2023, the Biden Administration has already committed over $300 million funding—$100 million…
Click here to view original post

Click Here to Publish/Feature Your Company or Product News with Biotech Networks