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@vestergaardfrandsen
As the worldâs largest producer of insecticide-treated bed nets, Vestergaard Frandsen is a health-products company based in Switzerland. Family-owned, the company is led by CEO Mikkel Vestergaard Frandsen, who adopted a humanitarian-entrepreneurship business model when restructuring the company in the early 1990s. Vestergaard Frandsen produces a number of products that improve the health and wellness of people in developing nations, especially those affected by diseases like cholera and malaria. The company takes a research-driven approach to product development that involves collaborations among a team comprised of experts such as entomologists and engineers. One of Vestergaard Frandsenâs most popular products, the PermaNet, has been used by over 1.6 billion people. Developed in 1999, these bed nets are durable and treated with insecticides. They have contributed to reducing malaria-related deaths by a third in the last 10 years. Another popular product, ZeroFly, protects livestock and crops with screens and bags that contain insecticides. ZeroFly promotes healthier food production and environmental sustainability. The company has received global recognition from notable publications and organizations, including being named in Fast Companyâs âTop 50,â, the Economistâs âSocial and Economic Innovationâ award, and the Saatchi and Saatchi award for âWorld-Changing Ideas.â