NDB provides $320mln funding for Brazil's health sector
11 July 2025
Brazil has secured $320 million in financing from the BRICS-founded New Development Bank (NDB) to establish a smart medicine institute and a hospital using AI technologies in collaboration with Chinese hospitals, according to a media report.
Health Minister Alexandre Padilha said that Brazil is teaming with India to produce tuberculosis drugs and with China to produce insulin and the chickenpox vaccine, which will help overcome a global supply crisis.
The country has also signed partnerships to produce medical equipment such as CT scanners and radiotherapy devices, ensuring local availability of equipment.
Padilha stated that BRICS is focusing on investing in the health sector and the production of medicines and vaccines.
Related
-
Montenegro sets ceiling price of €65/MWh for first solar auction
11 July 2025
-
Malaysia upgrades net metering scheme for rooftop PV
6 July 2025
-
Gabon gets $3.2bn loan to build power stations, railway and factories
3 July 2025
-
UK government unveils solar roadmap, outlines steps to 47 GW by 2030
2 July 2025
-
Guyana launches net billing scheme for rooftop PV
1 July 2025
-
Poland advances onshore wind farm bill
30 June 2025