Re:
Earlier message from J to Boris Nikolic and Harry Fisch.
Great meeting you Harry! Looking forward to seeing you again. Please send me something re your company.
Jeffrey thanks for introducing me to Boris.
Thank you Harry!
Again — great meeting you. I am still laughing re inherited STD.
Finally I had chance to read your slide deck. VERU is indeed very interesting company — congrats! You have an interesting mix of Urology specialty drugs (which I see as a low risk) and Prostate cancer drugs. Unfortunately my fund (https://www.biomaticscapital.com/) is only focused (and restricted to investing) on private companies.
Mid-end of the next year I am going to fundraise a crossover fund which would allow me to invest in both private and publicly listed companies; nevertheless, I am now unable to invest in companies such as VERU — despite how interesting they might be.
I looked at a female condom. I think that PATH supported a number of related projects. As you might know BMGF is the main donor to PATH — this is why I mentioned it. Also BMGF founded several smaller grants (GCE) re female condoms In addition, there were grants to Imperial College in London, HealthRock etc. All of these are relatively old grants that ended. My guess is that all female condom more mature projects transitioned to PATH. Also I see that PSI has been funding marketing and delivery
Please let me know if there is anything else I can be of help to you.
Hope to see you soon in NYC
Best
Boris
Hi Boris
Currently The Female Health division of VERU supplies approximately 50 million Female Condoms worldwide. BMGF has never funded the FC2 Female condom. I don't know why this is the case.
The FC2 female condom is the most demanded and utilized female condom worldwide. It is supplied throughout Africa via UNFPA and bought directly by South Africa.
Funding by UNFPA has dramatically decreased and we are unable to supply certain countries that have requested the female condom.
For example, the following countries have requested the FC2 female condom but we are unable to supply: Uganda : 3 million units Ghana: 1 million units Botswana: 1 million units Tunesia: 1 million units Sierra Leone: 500,000 units Bolivia: 500,000 units Tanzania: 1 million units Haiti: 500,000 units Ethiopia: 1 million units Congo DR: 2 million units
Boris can you introduce me to the right person at BMGF to see if we can get grants to provide FC2 female condoms to all women who request them in Africa.
Also attached is more information regarding the FC2 female condom.
Would like to continue the conversation.
Sincerely,
Harry
Call ne before sending anything
