Ghana's First Precision Medicine Company Completes German Development Grant Programme, Delivering Measurable Impact Across Patient Access, Diagnostic Innovation, and Clean Energy

ACCRA, Ghana--(BUSINESS WIRE)--Jul 14, 2026--

Revna Biosciences, Ghana's first precision medicine company, is contributing to transforming the landscape of healthcare in Ghana by offering advanced molecular tests for oncology, infectious diseases, etc. locally. Tests that were previously only available overseas due to technological constraints, often taking weeks to return results, are now accessible within the country and completed in a matter of days. This strategic move has reduced turnaround time for test results by up to 90%, a shift that translates directly into earlier diagnosis, timelier treatment decisions, and improved patient outcomes, while also making advanced diagnostics more affordable and accessible.

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Revna Biosciences is among a small number of ventures to have received and completed both an initial grant and a follow-on top-up award by the develoPPP Ventures programme. The develoPPP Ventures programme is a competitive, non-dilutive matching-fund grant initiative commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The programme supports innovative enterprises whose work improves livelihoods in developing economies by co-investing in growth, governance, and sustainable impact. Revna Biosciences exceeded every agreed commercial and impact indicator across both funding cycles.

In addition, multiple staff members completed structured professional training, strengthening the technical and operational capacity of the organization's laboratory and clinical teams.

RevnaBio further enhanced its operational resilience by integrating renewable energy solutions into its laboratory infrastructure, generating over 51,000 kWh of clean energy and reducing dependence on unreliable grid power.

A Milestone Built on More Than Funding

The develoPPP Ventures grant was not simply a source of early capital. It arrived at a formative moment in RevnaBio's development, when the foundations of the company's institutional infrastructure were still being laid.

Beyond financial co-investment, the programme provided expert guidance on governance design, financial control, operational risk management, and sustainability planning. RevnaBio's leadership team worked directly with GIZ-appointed advisors. The rigorous due diligence process required at each stage of the programme has also prepared the company to meet the standards expected by international pharmaceutical partners, research funders, and institutional investors.

Recognition from GIZ

Advancing the UN Sustainable Development Goals

The impact delivered through the develoPPP Ventures programme maps directly to multiple UN Sustainable Development Goals. RevnaBio's work advances good health and wellbeing, gender equality in healthcare access, economic opportunity and decent work, industrial innovation, reduced inequalities in diagnostic access, climate-responsible operations, and international partnership for development.

What Comes Next

Revna Biosciences continues to expand across precision medicine, molecular diagnostics, digital and AI-assisted pathology, biobanking, and clinical research infrastructure. The company is now the only laboratory in Africa to hold triple ISO accreditation from A2LA (the American Association for Laboratory Accreditation) and additionally holds an active Federalwide Assurance (FWA00036276) approved by the US Office for Human Research Protections (OHRP), valid through May 2031, and vendor qualification in the IQVIA network. RevnaBio is actively deepening its partnerships with global pharmaceutical companies, academic institutions, and public health agencies to accelerate Africa's role in precision medicine and clinical research.

About Revna Biosciences

Revna Biosciences is Ghana's first precision medicine company, founded in 2017 and headquartered in Accra, with its parent entity domiciled in Delaware, United States. RevnaBio provides molecular diagnostics, genomic testing, biobanking infrastructure, integrated pathology services, AI-assisted diagnostics, and clinical research support across Africa. The company partners with hospitals, research institutions, and global pharmaceutical and biotechnology companies to deliver diagnostic services and generate high-quality genomic and clinical datasets that reflect Africa's genetic diversity.

RevnaBio is the only laboratory in Africa to hold triple ISO accreditation from A2LA (the American Association for Laboratory Accreditation): ISO 15189:2022 Medical Laboratories (Cert. No. 6990.01), ISO 20387:2018 Biobanking (Cert. No. 6990.02), and ISO/IEC 17043:2023 Proficiency Testing (Cert. No. 6990.03). RevnaBio additionally holds an active Federalwide Assurance (FWA00036276) from the US Office for Human Research Protections (OHRP), HHS.

About develoPPP Ventures and GIZ

The develoPPP Ventures programme is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development. develoPPP Ventures supports innovative private-sector enterprises in developing and emerging markets whose business models contribute to sustainable development. The programme provides non-dilutive co-investment alongside structured technical assistance, with the aim of scaling innovative solutions to make them accessible to more people.

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federal enterprise with worldwide operations. It supports the German Federal Government in the field of international cooperation for sustainable development and international education. GIZ assists people and societies in shaping their own future and improving their living conditions. www.giz.de

Your biology is unique. Your healthcare should be too.
Revna Biosciences | Precision Medicine | Ghana

Dr. Derrick E. Apkalu Co-Founder & CEO, Revna Biosciences

BANGKOK (AP) — The death toll from a huge fire in a Bangkok music bar has increased to 30, officials said Tuesday.

More than 70 people were injured, with 24 of them still in critical condition, according to a statement by the Bangkok Metropolitan Administration.

The blaze at the Rong Beer Na Ladprao bar, the city’s deadliest in 17 years, broke out late Sunday in a northern part of the Thai capital. Firefighters needed half an hour to bring it under control.

The bar, which in Thai calls itself a brewery or beer hall, claimed to accommodate as many as 600 customers. It was not clear how many were present Sunday night.

An investigation into the cause of the fire and whether the bar was following safety regulations is ongoing. Most of the people who were killed were found trapped in windowless bathrooms where they may have sought to escape the flames, police said.

Bangkok Gov. Chadchart Sittipunt said Tuesday he has ordered the city’s administration to conduct a sweeping survey of such establishments to assess risks. The city will also step up enforcement of existing laws to improve safety standards, he said.

Former patrons of the bar and other mourners visited the site Tuesday, adding to the growing pile of flowers leaning on the guardrails cordoning off the location of the blaze.

Handwritten messages in Thai and other languages, including Korean, were left alongside white flowers, expressing condolences to the victims.

Debris from the bar — like melted musical instruments and blackened chairs — lay scattered along the sidewalk, moved there Monday by Thai officials investigating the cause of the fire.

University student Thanakon Phoklang said he was passing by and wanted to pay his respects, calling the loss regrettable.

On Monday, the president of the Thailand Structural Engineers Association, Amorn Pimanmas, told reporters outside the bar that, while he had not inspected the venue, he observed some risk factors that could worsen fire hazards.

He said the building is enclosed, has low ceilings and may have used foam as decorative materials, without adequate flame-retardant treatment. Combined with limited air ventilation, smoke would accumulate quickly, he said, creating toxic air that could be the main cause of death for many victims.

He also noted that officials said the bar was licensed as a restaurant with a live music venue rather than an entertainment venue because it was located outside the designated zoning for such businesses. Amorn said that would exclude it from the stricter fire safety requirements for entertainment venues.

“There must be some kind of revolution regarding fire safety procedures, and I think law enforcement is also very important," he said. "It’s not that we don’t have the law, but it’s the problem of how the law could be strictly enforced from now on. I think the government should answer this question.”

Bottles are seen sitting atop burned tables inside the music bar where a fire killed a number of people in Bangkok, Thailand, Tuesday, July 14, 2026. (AP Photo/Wason Wanichakorn)

A man puts flowers outside the music bar where a fire killed a number of people in Bangkok, Thailand, Tuesday, July 14, 2026. (AP Photo/Wason Wanichakorn)

A Buddhist monk stands outside the music bar where a fire killed a number of people in Bangkok, Thailand, Tuesday, July 14, 2026. (AP Photo/Wason Wanichakorn)

Bodies of victims of a fire are seen laid in a row in Bangkok, Thailand, Monday, July 13, 2026. (AP Photo/Sakchai Lalit)

In this handout photo released by Bangkok Metropolitan Administration, bottles are seen on a table at the site of a fire in Bangkok, Thailand, Monday, July 13, 2026. (Bangkok Metropolitan Administration via AP)

A relative of a victim in a music bar fire pays respect to the victim's body at a police hospital in Bangkok, Thailand, Tuesday, July 14, 2026. (AP Photo/Sakchai Lalit)

A coffin of a victim in a music bar fire is pareparred to hand over to the relatives, unseen, at a police hospital in Bangkok, Thailand, Tuesday, July 14, 2026. (AP Photo/Sakchai Lalit)

In this image made from video provided by Instagram handle @jackfanchan, people move around a fire at a bar in Bangkok, Thailand, Monday, July 13, 2026. (@jackfanchan via AP)