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Incas Diagnostics: Local Manufacturing of Low-Cost Diagnostic Products in Ghana

Listen to our discussion here !

Laud Anthony Basing, Founder and CEO of the Ghanaian biotech company Incas Diagnostics, was the guest on this episode of the Africa biotech conversations podcast. His company focuses on creating and manufacturing point-of-care lateral flow and molecular diagnostic tests designed specifically for Africa.

In our inspiring and insightful conversation we covered the following points:

  • How his upbringing contributed to his entrepreneurial skills and curiosity
  • The transition of Diagnostics from a medical laboratory to a Biotech manufacturing company
  • Taking a bet on himself and an unusual strategy to gain required skills in the USA
  • The importance of starting a company as a side hustle as an aspiring entrepreneur
  • The purpose of Incas Diagnostics and the key role of medical testing in healthcare
  • Social entrepreneurship and profitability
  • Closing the supply chain gap via human capital development
  • Challenges faced by Incas Diagnostics as a local biotech company on the continent
  • How to enlist support from the general population for biotech industry in Africa
  • Current products on the market by Incas Diagnostics
  • Expansion prospects and collaboration opportunities
  • Recommended skills and how to gain them to succeed as a biotech entrepreneur in Africa
  • Lessons learned from the economic downturn in 2022
  • 2023 Outlook for Biotech industry in Africa
  • Upcoming trends in the Africa biotech space in the near future

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