Economy

Low-cost health tech Dr. Consulta to enter vaccine sweepstakes

Earlier this year, an association of private clinics in Brazil began negotiations to purchase 5 million doses of a potential coronavirus vaccine developed by Indian lab Bharat Biotech. The move stirred controversy and criticism among experts— who saw it as a way for rich patients to “cut in line” — but regulators have yet to issue their opinion on the matter. Meanwhile, private companies are scrambling to be ready as soon as they have a green light from authorities. Within this parallel vaccine race, a new, big hitter is looking to join the fray: health tech Dr. Consulta.

Founded in 2011, Dr. Consulta works as a low-cost healthcare network allowing patients to schedule doctor’s appointments and lab exams via a smartphone app. It is present in São Paulo, Rio de Janeiro, and Belo Horizonte — three of the country’s most-populous cities — and employs more people than any other health tech in Brazil.

Much of the draw of Dr. Consulta’s services is that they allow citizens without private health insurance policies to access cheap medical care, without going through Brazil’s free — and often overburdened — public health system.

In an exclusive interview with The Brazilian Report, Dr. Consulta founder and chairman Thomaz Srougi confirmed that his company is seeking to use this same model with coronavirus vaccination.

Indeed, low costs will be key for any vaccination effort on the...

Natália Scalzaretto

Natália Scalzaretto has worked for companies such as Santander Brasil and Reuters, where she covered news ranging from commodities to technology. Before joining The Brazilian Report, she worked as an editor for Trading News, the information division from the TradersClub investor community.

Recent Posts

Explaining Brazil #291: Lula’s farming feuds

The relationship between farmers and the Luiz Inácio Lula da Silva administration is by no…

1 day ago

The legacy of Ayrton Senna, 30 years on

Pelé, Ronaldo, Zico, Marta … All of Brazil’s truly immortal sporting icons are footballers, that…

1 day ago

Brazil and Paraguay deadlocked over Itaipu dam

Speaking before a Senate hearing on Tuesday, Chief of Staff Rui Costa admitted that Brazil…

2 days ago

Brazil’s job market remains strong despite unemployment uptick

The country's unemployment rate rose to 7.9 percent in March due to seasonal reasons: more…

2 days ago

Brazil wants to know more about its domestic workers

Brazil officially had 5.83 million domestic workers in 2022 — almost the entire population of…

2 days ago

Brazil’s latest Covid vaccine purchase comes too late

Brazil’s Ministry of Health this month announced a purchase of 12.5 million doses of Moderna’s…

3 days ago