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Editor’s comment: Women’s health investment surges – but is it enough?

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Maternal health is among several core focus areas to receive a fresh wave of investment in recent weeks

There’s a sense of momentum in women’s health right now. In the span of just weeks, major new funds have been announced, mobilising hundreds of millions of dollars for maternal health, reproductive rights, and research into conditions that disproportionately affect women. It feels like the shift the sector has been waiting for, but the real test is what comes next.

In recent weeks, the investment powerhouse Iconiq Impact announced the launch of the Women’s Health Co-Lab, created in partnership with Co-Impact and supported by Melinda French Gates, her daughters Jennifer Gates Nassar and Phoebe Gates, alongside fourteen other donors, including Iconiq co-founder Divesh Makan and his wife Diksha.

The collaborative philanthropic fund aims to improve the health and agency of women and girls worldwide, focusing on maternal health, sexual and reproductive health and rights, and gender-based violence.

Early grantees include Every Mother Counts, founded by Christy Turlington Burns, which will work to strengthen healthcare delivery systems, Americans for Contraception to expand access to care, and Ujamaa Africa to tackle patriarchal norms and policy reform.

It comes following another major initiative announced by French Gates, in September, whose Pivotal Ventures group has joined non-profit Wellcome Leap to pledge US$100m to launch two programmes addressing underfunded areas such as women’s mental health and autoimmune disorders.

The new money is expected to fund two programmes, due to start in 2026, and is part of Leap’s wider mission to mobilise US$1bn in philanthropic capital.

Already, US$150m has seeded work on reducing stillbirths, halving women’s lifetime risk of Alzheimer’s, and accelerating diagnosis for heavy menstrual bleeding.

It’s an impressive commitment, but is it enough?

Philanthropy alone cannot undo decades of systemic bias in women’s health and society more broadly.

Money matters, but it cannot automatically dismantle the structural barriers that prevent innovation from reaching women in the first place.

Women’s health companies continue to encounter blocks and bottlenecks hindering their success.

Investment in femtech is still only around one to two per cent of total health tech funding, while the Guardian reports that only four per cent of new medical technology drugs related to female-specific conditions were approved in the US between 2011 and 2021.

Even once companies have overcome the barriers to bringing a product to market, they face additional challenges that those targeting men’s health do not.

Research by CensHERship shows that expert-led content on menopause and reproductive health is frequently blocked or flagged as “adult” or “political.”

Meanwhile, the Center for Intimacy Justice reported this year that 84 per cent of women’s health businesses had ads rejected on Meta, restrictions which don’t appear to be placed on the equivalent men’s health products.

So, what is the solution?

Progress will not come from billion-dollar pledges alone, however welcome they may be.

Real change requires structural reform in how research is prioritised, how regulation recognises women’s health needs, and how technology platforms amplify women’s voices.

This work is slower, harder, and less headline-grabbing.

It won’t be achieved by one-off cash injections from the one per cent, but by the steady, often invisible work of founders, advocates, investors, and healthcare providers who refuse to accept the status quo.

That is where our optimism should lie, not only in the big gestures, but in the cumulative power of small, determined steps toward a better future for women’s health.

Hormonal health

Study links small bowel microbiome differences to women’s health

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Small bowel microbiome differences between women and men may help explain why some conditions are more common in women, a study suggests.

The small bowel microbiome is the community of microorganisms living in this part of the digestive tract, where they play vital roles in immune function, metabolism and hormonal regulation.

Researchers found differences between women and men in the composition and organisation of these microbial communities. One bacterial community containing Granulicatella was found only in women.

The study was conducted by investigators at Cedars-Sinai Health Sciences University.

Ruchi Mathur, director of clinical research and clinical operations for the Medically Associated Science and Technology (MAST) Program at Cedars-Sinai and corresponding author of the study, said: “One intriguing finding was a bacterial community containing Granulicatella, which we found only in women.

“Bacteria in this community appear at increased levels in women with polyendocrine metabolic ovarian syndrome, formerly known as polycystic ovary syndrome.”

The researchers also identified differences between women and men in how microbes in the small bowel produce fructans, complex carbohydrates known to trigger digestive symptoms in irritable bowel syndrome (IBS).

IBS is far more common in women than men.

Mathur, who is also a professor of medicine, said: “Our findings show that biological sex is a critical variable in the small bowel microbiome.

“We must consider it as we move toward more personalised approaches to understanding and treating disease.”

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Wellness

Weight loss surgery improves menstrual health and PMOS symptoms, study finds

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Weight loss surgery was linked to more regular periods and fewer polyendocrine metabolic ovarian syndrome (PMOS) symptoms in women aged 18 to 45 living with obesity in a recent study.

The researchers recommend that women undergoing the procedure have access to preconception care and reproductive counselling to support their reproductive health.

Researchers at the University of Surrey analysed data over 24 months from 84 women who underwent bariatric surgery and 18 women living with obesity who did not have surgery.

Of those who underwent surgery, 49 had gastric bypass procedures and 35 had gastric sleeve surgery.

Women who underwent metabolic bariatric surgery lost more than 30kg on average at 12 and 24 months after the procedure.

Among women with polycystic ovaries, the condition persisted in only 10 per cent after 24 months.

Women also reported a resolution of clinical hirsutism, or excess body hair, by 12 months.

Women who had previously experienced irregular periods reported more regular menstrual cycles after surgery.

Professor Martin Whyte, co-author of the study and professor of metabolic medicine at the University of Surrey, said: “A large proportion of those undergoing bariatric surgery are women of reproductive age, who may be planning a pregnancy in the coming years.

“So much remains unknown about the impact of this type of surgery on women who are planning to have children.

“This raises the question of when the ideal time after surgery is to conceive.”

Women have a higher prevalence of obesity than men, with 57 per cent of women in the UK classified as overweight and 27 per cent living with obesity, which can affect fertility and the health of an unborn baby.

The researchers said 17 women had healthy pregnancies following surgery.

Although this was not specifically examined in the study, no difference in birth weight was observed between babies conceived within or after the first year.

Dr Kathryn Hart, co-author of the study and associate professor in nutrition and dietetics at the University of Surrey, said: “What we have found is that bariatric surgery positively affects the reproductive health of women living with obesity and can improve the likelihood of them having a healthy pregnancy after surgery.

“Dysregulated hormone levels, irregular periods and conditions such as polycystic ovaries are affected by obesity.

“By reducing this, what we have seen is that it can lead to improvements without the need for medication.

“We would suggest that clinicians consider medical intervention for obesity to treat irregularities in the menstrual cycle and issues with fertility.”

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Mental health

Women more likely than men to get health advice from influencers, study finds

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Young women are more likely than young men to get health and wellness information from social media influencers, a US survey has found.

Among adults aged 18 to 29, 57 per cent of women said they received health and wellness information from influencers, compared with 47 per cent of men.

The Pew Research Center study surveyed 5,023 US adults and examined how young people consume health and wellness content online.

Local university students said influencer content frequently appeared in their social media feeds.

Kabija Koroma, a local university student, said: “It’s more exercise stuff, more like protein and like meals and like how to get ready and like the outfits of the day of videos on TikTok or lately. My favourite ones.”

About 51 per cent of women under 30 said they often consumed influencer content focused on beauty and personal appearance, compared with 18 per cent of men.

The study also found that 21 per cent of women often saw content about therapies outside mainstream medicine, compared with 10 per cent of men.

At least one-third of both young women and young men often encountered influencer content about mental health and weight loss. Around half or more of both groups regularly saw fitness-related content.

Another local university student, Ania Davis, said: “I see a lot like how to meal prep and how to get your morning started. Affirmations stuff. But I do also ask the adults around me because sometimes the internet is not right.”

Researchers also looked at why young adults sought health and wellness information from influencers.

About 51 per cent of young women said they watched the content because they wanted to change their health or lifestyle.

Women were also more likely than men to say they enjoyed hearing from people who shared their background or beliefs, at 23 per cent compared with 14 per cent.

Nineteen per cent of young women said they used influencer content to learn about topics they did not want to ask their doctors about, compared with 10 per cent of young men.

Despite regularly using social media, some students said they did not rely solely on influencer content when making decisions about their health and wellness.

Koroma said: “I’m always on TikTok 24/7 and Instagram, but I also like to ask people older than me because I don’t know everything.”

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