Investment Spotlight: Afaxys

In 2020 and 2023, the Packard Foundation invested in Afaxys. Afaxys is a public benefit corporation, and its purpose is to advance health equity by delivering high-quality products for patients served by public health professionals and to contribute to a healthier, more empowered society where every individual has the healthcare resources needed to lead a fulfilling life. Afaxys believes access to sexual and reproductive healthcare should be a right, not a privilege. The Packard Foundation’s investment in Afaxys supports the development of an innovative auto-injectable contraceptive.