{"id":29406,"date":"2020-09-15T17:28:58","date_gmt":"2020-09-15T15:28:58","guid":{"rendered":"https:\/\/www.euruni.edu\/blog\/?p=29406"},"modified":"2020-09-15T17:32:42","modified_gmt":"2020-09-15T15:32:42","slug":"lifebank","status":"publish","type":"post","link":"https:\/\/www.euruni.edu\/blog\/lifebank\/","title":{"rendered":"A Race for Life; Wheels, Wings and More"},"content":{"rendered":"\n<p><em>Source: <a rel=\"noreferrer noopener\" href=\"https:\/\/onresearch.ch\/a-race-for-life-wheels-wings-and-more\/\" target=\"_blank\">ON Research<\/a><\/em><\/p>\n\n\n\n<p>ON Research&nbsp;spoke with&nbsp;Temie Giwa-Tubosun, founder and CEO of&nbsp;<a href=\"https:\/\/lifebank.ng\/\" target=\"_blank\" rel=\"noreferrer noopener\">LifeBank<\/a>, a medical distribution company that uses data, <a href=\"https:\/\/www.euruni.edu\/blog\/how-to-start-sustainable-business\/\" target=\"_blank\" rel=\"noreferrer noopener\">technology and smart logistics<\/a> to improve the discoverability, delivery, affordability and safety of essential medical products such as blood and oxygen&nbsp;for&nbsp;hospitals in Nigeria and Kenya. Since its launch in 2016,&nbsp;LifeBank&nbsp;has moved over 23,000 units of critical medical products to&nbsp;550+ hospitals and&nbsp;has&nbsp;saved over 9,000 lives.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What challenges inspired the creation of&nbsp;<\/strong><strong>LifeBank<\/strong><strong>?<\/strong>&nbsp;<\/h2>\n\n\n\n<p>LifeBank&nbsp;was created to address one of the leading causes of maternal mortality:&nbsp;postpartum hemorrhage. We identified that most mothers bleed out when&nbsp;hospitals cannot locate safe blood in emergency situations. After we launched, we became more aware of other factors that hinder access to quality healthcare like&nbsp;the&nbsp;availability of medical oxygen and financial constraints. We are constantly innovating around the supply chain to provide technological solutions to these challenges.&nbsp;One&nbsp;such innovative service&nbsp;is AirBank, an emergency on-demand delivery&nbsp;service&nbsp;of medical oxygen. Another is&nbsp;BOAT (Blood and Oxygen Access Trust), a trust fund setup to provide blood and oxygen to low-income patients at no cost.&nbsp;By promoting good health and wellbeing&nbsp;we&nbsp;are able to&nbsp;have a tremendous impact on the lives of every patient.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How does&nbsp;<\/strong><strong>your model&nbsp;<\/strong><strong>enabl<\/strong><strong>e<\/strong><strong>&nbsp;business growth?<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Our business model is patient&nbsp;centered.&nbsp;The&nbsp;core&nbsp;value of our business is in ensuring that patients have access to critical supplies needed on time and in the best condition. Speed, efficiency and innovation are what&nbsp;LifeBank&nbsp;is known for and that has enabled us to grow our client base,&nbsp;and in turn expand the growth of our business.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Africa Continental Free Trade Area<\/strong><strong>&nbsp;<\/strong><strong>will create the largest free trade area in the world. What impact do you&nbsp;<\/strong><strong>fore<\/strong><strong>see this having<\/strong><strong>&nbsp;on your&nbsp;<\/strong><strong>industry?<\/strong>&nbsp;<\/h2>\n\n\n\n<p>We believe&nbsp;anything that improves regional integration is a win for the African people.&nbsp;And when Africans win, so does&nbsp;LifeBank.&nbsp;LifeBank\u2019s&nbsp;services are&nbsp;always needed as&nbsp;most&nbsp;medical needs are unexpected, hence the quest to ensure that our services are readily available and accessible. Our operations team&nbsp;have&nbsp;continued&nbsp;to provide 24\/7 services despite lockdowns and movement restrictions due to the COVID-19 outbreak. This free trade area will provide a unique opportunity to network with other international companies with interest in African&nbsp;healthcare,allowing&nbsp;us to build beneficial partnerships that can propel our services and overall impact&nbsp;forward.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What impact<\/strong><strong>,<\/strong><strong>&nbsp;if any<\/strong><strong>,<\/strong><strong>&nbsp;do you think this will have on the development and supply of technologies like drones?<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Drones are&nbsp;vital for&nbsp;delivering critical supplies&nbsp;to&nbsp;hard to reach areas with little or no road networks.&nbsp;LifeBank&nbsp;aims to use technology to predict healthcare demands.&nbsp;The&nbsp;strong partnerships&nbsp;we are&nbsp;building&nbsp;with experts across Africa will be invaluable in the creation, growth, management, implementation and scalability of our innovations. We also look forward to the harmonization of Civil Aviation Rules across the African continent. This alone&nbsp;will ensure that drone deliveries are secured and scaled.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>W<\/strong><strong>hat<\/strong><strong>&nbsp;does the future hold for&nbsp;<\/strong><strong>LifeBank<\/strong><strong>?<\/strong>&nbsp;<\/h2>\n\n\n\n<p>LifeBank&nbsp;uses the best&nbsp;suited&nbsp;mobility system&nbsp;for&nbsp;each&nbsp;area&nbsp;in which&nbsp;we operate. We will expand our drone delivery through the horn of Africa region using Addis, Ethiopia as a hub. Ultimately, our goal is to expand beyond Nigeria,&nbsp;especially as we grow to serve more rural communities&nbsp;to&nbsp;ensure universal healthcare access&nbsp;for&nbsp;all. Our team is also looking to explore waterways deliveries in&nbsp;south&nbsp;Nigeria&nbsp;so&nbsp;we&nbsp;can&nbsp;connect medical facilities with critical supplies to ultimately improve access to good healthcare.&nbsp;With the recent viral outbreak, we are also focusing on delivering medical samples with a zero-contact delivery model that eliminates person-person transmission of infection.&nbsp;&nbsp;<\/p>\n\n\n\n<p>We will continue to innovate to save lives while making critical supplies accessible and affordable to everyone.&nbsp;&nbsp;Our&nbsp;mission&nbsp;is to save as many lives&nbsp;as possible, whatever it takes, anyhow, anywhere.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ON Research ON Research&nbsp;spoke with&nbsp;Temie Giwa-Tubosun, founder and CEO of&nbsp;LifeBank, a medical distribution company that uses data, technology and smart logistics to improve the discoverability, delivery, affordability and safety of essential medical products such as blood and oxygen&nbsp;for&nbsp;hospitals in Nigeria and Kenya. Since its launch in 2016,&nbsp;LifeBank&nbsp;has moved over 23,000 units of critical medical products to&nbsp;550+ hospitals and&nbsp;has&nbsp;saved over 9,000 lives.&nbsp; What challenges inspired the creation of&nbsp;LifeBank?&nbsp; LifeBank&nbsp;was created to address one of the leading causes of maternal mortality:&nbsp;postpartum hemorrhage. We identified that most mothers bleed out when&nbsp;hospitals cannot locate safe blood in emergency situations. After we launched, we [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":29407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4589],"tags":[973,1449,744,1386],"class_list":["post-29406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-onresearch","tag-business","tag-health","tag-innovation","tag-innovation-and-technology","post--single"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>A Race for Life; Wheels, Wings and More | EU Business School<\/title>\r\n<meta name=\"description\" content=\"EU Business School&#039;s ON Research team spoke with Temie Giwa-Tubosun, founder and CEO of LifeBank, which has saved over 9,000 lives.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.euruni.edu\/blog\/lifebank\/\" \/>\r\n<meta name=\"author\" content=\"EU Business School\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.euruni.edu\/blog\/lifebank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"EU Blog\",\"item\":\"https:\/\/www.euruni.edu\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EU Community\",\"item\":\"https:\/\/www.euruni.edu\/blog\/category\/eu-business-school-community\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"ON Research Talks\",\"item\":\"https:\/\/www.euruni.edu\/blog\/category\/eu-business-school-community\/onresearch\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"A Race for Life; Wheels, Wings and More\"}]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Race for Life; Wheels, Wings and More | EU Business School","description":"EU Business School's ON Research team spoke with Temie Giwa-Tubosun, founder and CEO of LifeBank, which has saved over 9,000 lives.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.euruni.edu\/blog\/lifebank\/","author":"EU Business School","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.euruni.edu\/blog\/lifebank\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"EU Blog","item":"https:\/\/www.euruni.edu\/blog\/"},{"@type":"ListItem","position":2,"name":"EU Community","item":"https:\/\/www.euruni.edu\/blog\/category\/eu-business-school-community\/"},{"@type":"ListItem","position":3,"name":"ON Research Talks","item":"https:\/\/www.euruni.edu\/blog\/category\/eu-business-school-community\/onresearch\/"},{"@type":"ListItem","position":4,"name":"A Race for Life; Wheels, Wings and More"}]}]}},"_links":{"self":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts\/29406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/comments?post=29406"}],"version-history":[{"count":4,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts\/29406\/revisions"}],"predecessor-version":[{"id":29413,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts\/29406\/revisions\/29413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/media\/29407"}],"wp:attachment":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/media?parent=29406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/categories?post=29406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/tags?post=29406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}