Afaxys

Redstone Strategy Group / Packard Foundation

Transcript

1. More than 7.8 million women in the U.S. rely on public health clinics for family planning services. *guttmacher institute
2. But clinics struggle to keep costs to clients as low as possible.
3. Afaxys launched its pharmaceutical division in 2013 to help bring affordable contraceptives to the public health sector. Image via University of Washington
4. $5 million in seed capital from the Packard Foundation helped give the venture a running start.
5. Since 2013, over one million women have gained access to affordable contraceptives through Afaxys Pharmaceuticals.
6. And Afaxys is now the #1 supplier of oral and emergency contraceptives to clinics in the U.S.* *IMS data, June 2016
7. This is an example of the powerful potential of mission investing to realize both returns and social impact.
8. “Packard [Foundation] has the means. Afaxys has the expertise to solve a problem in the market. And the public health community is making sure that products and services reach the women who need them.” – Ronda Dean, CEO, Afaxys
9. Mission Investments at the Packard Foundation Redstone Strategy Group