Meet 20 pioneers transforming the future of healthcare

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On 28 and 29 November 2018, the European Innovation Council (EIC) and Medtronic, a leader in the world of medical technology, gathered 20 companies to discuss the transformation of healthcare and promote business partnerships.

Small and medium enterprises (SMEs) have been playing an increasingly crucial role in the development of new products in the medical device industry. Quick adaptability, the capacity to identify market niches and intrinsic innovative potential, have turned these companies into relevant players in the healthcare industry worldwide.

However, at the stage when SMEs are growing, they need considerable financial resources to continue investments in product development and clinical trials, in order to bring their products to market faster. To tackle these challenges the EIC pilot and Medtronic promoted a matchmaking and business acceleration event in Tolochenaz, Switzerland, home of Medtronic’s EMEA headquarters. 

20 companies backed by the EIC pilot took the stage and shared their innovative health care solutions for medical devices and therapies, mobile and remote health, patient engagement, diagnostics, artificial intelligence, augmented and virtual reality, data analytics and robotics.

At the event, we talked to Ger Hill, Senior Director Global Innovation at Medtronic, about Medtronic’s innovation strategy and learned that “For a company like Medtronic who has currently reached around 30B$ in revenue, maintaining revenue growth requires us to draw on innovation not only from our substantial organic internal innovation, but also from external partners. There are a lot of smart people who don’t work at Medtronic, and we want to collaborate with them to turn their ideas and concepts into products and solutions for patients and Medtronic.”

We also spoke with Charity Kufaas, Vice President, Business Development & Strategy EMEA at Medtronic, who shared her view on the quality of the companies attending: “The technologies of the companies I’ve seen today are truly innovative and address unmet needs. There were a number that we found really interesting and which I’m sure we’ll follow up after the event.”

Learn more about the companies and their projects: Advanced Market DiscoveryArspectraCatproCercare MedicalComftechDecide Clinical SoftwareFlowsionGlucosetHoloxicaMedicsensorsMI Medical InnovationNeos SurgeryNorakerPiur ImagingSense4careSealantium MedicalSocialdiabetesVessconnectVibrosense Dynamics and Vascular Flow Technologies.

You can also see all the pictures from the event in the EIC Community, the virtual meeting-place where companies funded by the EIC pilot can connect, share their experiences, find investors and leverage potential businesses partnerships. 

If you’re looking for opportunities to do business with the largest corporates in Europe, take a look at our events page. For additional information, please refer to our helpdesk: contact@phase3-services.eu

This Corporate Day was promoted by the EIC pilot Business Acceleration Services.

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