Experts say opportunities for innovation in women's health care exist in Canada, but investment in research and business is not where it needs to be. That’s the response Rachel Bartholomew, CEO and founder of Hyivy Health, would often receive when pitching investors on a new vaginal dilator.
Bartholomew points out that 85 per cent of the companies in Femtech Canada’s network are women-founded.Bartholomew says part of the problem is that funders are less attuned to non-fatal women’s health issues such as endometriosis, polycystic ovarian syndrome and uterine fibroids, and how they can impact quality of life. Additionally, they often miss the economic impact – and market potential – of treatments.
Dr. Jennifer Johnston is a family physician and founder of Elle, MD, a biotechnology company based in Nova Scotia. As a member of the Femtech network, she points out the lack of innovation in many reproductive and hormonal health issues, from birth control to menopause. A professor in the department of obstetrics and gynecology and the department of oncology at McGill University in Montreal, Gilbert says the death rate of endometrial cancer has actually increased in recent years, survival rates for ovarian cancer haven’t improved in decades. Both types of cancer receive funding from the National Institutes of Health , which pays for research in Canada and the U.S.
While she can’t release data, she said the investigative test detected early-stage ovarian cancer in some patients. “The results are even beyond my dreams.” A trucker found a 1-year-old boy alive on a Louisiana roadside after the child was abandoned amid storm Beryl, police say A trucker found a 1-year-old boy alive on a Louisiana roadside after the child was abandoned amid storm Beryl, police say
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