EFEC - Excellence First Enterprise Consultancy’s Post

Excited to share our new partnership with the China MedTech Entrepreneurship Camp, led by Professor Cheng-Li Song. This collaboration represents a significant step towards enhancing UK-China cooperation in medical technology and entrepreneurship. Together, we aim to foster innovation, drive impactful solutions, and create opportunities in healthcare. #UKChinaMedTech #HealthcareInnovation #GlobalCollaboration

Boosting BioTech & MedTech in 𝗕𝗼𝘀𝘁𝗼𝗻 🇺🇸 & 𝗧𝗼𝗿𝗼𝗻𝘁𝗼 🇨🇦 In just a few weeks, our Dutch delegation will travel across the ocean to visit Boston and Toronto! With this new mission, we will focus on medical technology and biotechnology. 𝗪𝗵𝘆 𝗕𝗼𝘀𝘁𝗼𝗻 & 𝗧𝗼𝗿𝗼𝗻𝘁𝗼? Boston, a major, top-ranked startup ecosystem, is the #1 city in the USA for fostering entrepreneurship and innovation. It is a global leader in medical technologies and BioTech. Its excellence in pharma, photonics, imaging, sensing, nanotechnology, and organ-on-a-chip sets it apart. Similarly, Toronto, a significant hub for Biotech and MedTech startups, is supported by top research and healthcare institutions like the University of Toronto and Hospital for Sick Children. These unique strengths of Boston and Toronto are the opportunities we aim to explore and leverage during this mission. The MedTech Conference will also be part of our program, along with several company visits, founder-to-founder sessions, and 2(!) alumni events!🙌 🍀 The lucky ones who will be joining us are: EDF International 3D Medical Support BV SATA Medical NC Biomatrix B.V. Nanoworx UPyTher Scope Biosciences B.V. Novya Biotech Are you as excited as we are? Follow us to stay tuned!🖱️ 4TU.Federation | TU Delft | Technische Universiteit Eindhoven | University of Twente | Wageningen University & Research | Rijksdienst voor Ondernemend Nederland (RVO) | Novel-T | Netherlands Innovation Network in Boston | Consulate General of the Netherlands in Toronto | Holland House Canada #4TU #startups #startupmission #MedTech #BioTech #Boston #Toronto

"Excited to have partnered with IC Incubator and Greenko Group for the Bold & Unique Idea Lead Development (BUILD) program hosted at GITAM Deemed University , Visakhapatnam! Reflecting on the enriching experience of nurturing student innovators, it's evident that the entrepreneurial spirit knows no bounds. Here's to empowering the next generation of entrepreneurs! I would like to thank Vikas Srivastav sir for this opportunity. #Innovation #Entrepreneurship #BUILDProgram #GITAMUniversity"

FOLLOW THE MONEY AGAIN – MORE imec.xpand INVESTMENTS IN MEDTECH & LIFE SCIENCES TO DISCUSS. In the run-up to the Optica Global Photonics Economic Forum on October 1-2, 2024, (more info here: https://lnkd.in/ddAx2G2A) we are sharing some more investor-related interviews made during the recent imec ITF2024. If you are a running a med-tech startup, you should definitely watch today’s interview! I feel that medtech (in Europe at least) could do with a push. There are lots of startups with very good ideas. But I remember Fokko Pieter Wieringa from imec the Netherlands (busy with developing the artificial kidney) explaining to me that medical startups have two valleys of death – first funding the prototype, then finding a system integrator to help fund the clinical trials. It can take decades! He also pointed out that many startups spend too long convincing doctors and surgeons they have a winner. But the doctors don’t buy their products. Seek support instead from those who will buy your machines, who will pay for it (insurance companies?) and patient organisations that may help support your quest for #FDA approval. As well as keynote speakers in Antwerp last week, we were eager to talk with imec.xpand, to understand how they interact with startups and scaleups in 7 European countries plus the US and beyond. They recently announced a new fund of 300 million Euro. So, in the second half of our chat with imec.xpand, co-founder Peter Vanbekbergen we discussed the following companies. Azalea Vision, Axithra, Nagi Bioscience, and Morrow Eyewear (including an interview we made a while back with Jelle De Smet CTO of Morrow at their first launch – in 2024 they are entering the commercial market with autofocal glasses. I also made reference to an excellent talk given by Gosia Jurczak, MD Lam Research at imec who gave one of the most interesting presentations on the first day (ITF World). Not sure if it was recorded. We’re also delighted that imec president Luc Van den hove will give a keynote at our Forum in Malaga, where we hope to learn about imec’s plans for manufacturing in that part of southern Spain. Onward!

💡 Lessons for Medtech Startups: A 7-Step Framework Inspired by Neurotech The journey of building a medtech startup is challenging, with hurdles like regulatory approval, market access, and stakeholder engagement. While every niche has its unique demands, neurotech startups provide a great reference for navigating the complexities of medtech innovation. An insightful article outlines a 7-step framework designed for neurotech companies, but the principles are highly applicable to medtech as well: ✔️ Identify unmet clinical needs and gather stakeholder input early ✔️ Develop a robust intellectual property strategy to secure innovation ✔️ Navigate complex regulatory pathways strategically ✔️ Plan for reimbursement by demonstrating cost-effectiveness ✔️ Ensure data security and compliance with regulations ✔️ Craft a market access strategy tailored to the healthcare ecosystem ✔️ Prioritize expertise and resource allocation to focus on core goals Medtech entrepreneurs can adapt these lessons to their unique products and market dynamics to effectively cross the “Valley of Death” and bring life-changing technologies to patients. 🔗 Read the full article for inspiration here: https://shorturl.at/vEnvK

The Biomedicine Innovation Cross-Field Collaboration Platform has officially launched! This initiative, driven by the Industrial Technology Research Institute (ITRI), brings together key players from capital markets and biomedicine startups, setting the stage for groundbreaking advancements in the biomedical industry. Starting in 2023, ITRI has been committed to this platform, integrating resources from finance, information, experience, and human capital to support and mentor domestic biomedical startups. This comprehensive support system is designed to accelerate commercialization and enhance the overall smart medical ecosystem. ITRI's efforts align with their 2030 vision of creating a "Healthy Taiwan" and promoting international biomedical industry innovation. By bringing together venture capital, biomedical industries, and international corporations, the platform offers holistic support, facilitating technology cooperation and experience sharing, and helping startups expand their market reach. The collaboration also aims to connect funding and technology seamlessly, creating a dynamic investment platform that supports biomedical startups at every stage of development, from Angel Round to IPO. With the combined efforts of ITRI and various investment partners, this initiative promises to foster a thriving biomedical ecosystem in Taiwan and beyond #BiomedicineInnovation #CrossFieldCollaboration #ITRI #SmartMedical #BiomedicalStartups #InnovationEcosystem #Healthcare #Investment #Technology

🚨🚨 Sign up for Project Medtech's Startup Symposium, on November 19th and 20th at Texas Medical Center Innovation Factory in Houston, Texas! 🚨🚨 Join us to learn from industry experts in the Medtech field and gain insights to build a successful Medtech startup company! Why Attend? - Thought Leader Panel Discussions - Networking Sessions - 1:1 Time with Industry Experts - CASH PRIZE Startup Pitch Competition Who Attends? - Startup Companies: Medical Device, Diagnostic, Wearable, SaMD, HealthIT, Drug Delivery, Digital Health Be one of the FIRST 20 startup companies to submit a pitch deck and present! If you're in the medical device, diagnostic, wearable, SaMD, HealthIT, drug delivery, or digital health space and want to showcase your company, sign up and email your pitch deck to info@projectmedtech.com to apply. Pitch Competition Eligibility: 1. Register for the event 2. Submit your pitch deck to info@projectmedtech.com 3. 20 pitches will be selected to present Sign up now: https://lnkd.in/ewmnN3Ri A big thank you to our sponsors: - McDonald Hopkins LLC - Qualio - Basil Systems - Cooley LLP - Compliance Solutions (Life Sciences) Ltd Special thanks to our - Coffee Sponsor: Ohio Life Sciences - Happy Hour Sponsor: Qualio Interested in sending a cohort of companies, a group of students, or sponsoring? Contact us at info@projectmedtech.com #medicaldevices #startup #medtech #projectmedtech #innovation #medicaldevice #podcast #strategy #startupconsulting #fractionalcfo #fractionalcsuite

21-23 February 2025 | Biomaterials Hackathon! Imagine a personalized implant that changes someone's life forever? This is your chance! Join the Biomaterials Hackathon 2025 and make a real impact! Why participate? ➡️ Pioneer the Future: Explore the cutting-edge world of Advanced Therapy Medicinal Products (ATMPs). ➡️ 48 Hours of Innovation: Dive into a dynamic hackathon inspired by Brainport Eindhoven’s entrepreneurial energy. ➡️ Make a Difference: Solve real health challenges using advanced biomaterials technologies. What to expect? ➡️ Team Up & Innovate: Collaborate with peers from diverse fields to brainstorm groundbreaking ideas. ➡️ Learn from Experts: Get support from industry leaders and entrepreneurial PhDs. ➡️ Expand Your Network: Meet fellow innovators and potential future partners. ➡️ Think Like an Entrepreneur: Discover how to turn research into investable startups. ➡️ Cutting-Edge Topics: Work on regenerative medicine, drug delivery systems, and personalized implants. Be part of shaping the future of healthcare | Gain hands-on experience in a world-class innovation ecosystem | Win €5,000 to bring your proof-of-concept idea to life. REGISTER NOW! https://lnkd.in/eWWMPquV Laura Duran Edwin Roovers Smart BioMaterials Consortium (SBMC) High Tech Campus Eindhoven BOM (Brabantse Ontwikkelings Maatschappij) Technische Universiteit Eindhoven Fontys Hogeschool Brainport Eindhoven Helmond Biotech-materials Hub B.V.

Dr. Rajeev Singh Raghuvanshi, DCGI, CDSCO highlighted the importance of disseminating MedTech Mitra initiative’s progress among the public. He said “MedTech Mitra initiative has gained remarkable progress since its launch. This flagship initiative can introduce a paradigm shift in MedTech ecosystem from “volume to values of innovations”, to meet evolving healthcare needs. The initiative has a great potential towards making India a net exporter of medical devices and diagnostics.” Mission Director Atal Innovation Mission Dr. Chintan Vaishnav, highlighted the significance of the meeting during his address. He said, “The 20th MedTech Mitra TAC Meeting represents a crucial milestone in our ongoing effort to support MedTech innovators. By facilitating robust discussions and providing comprehensive guidance, we aim to drive impactful advancements in medical devices technology. Additionally, we are excited to unveil the 6th edition of Innovations for You, which celebrates the exceptional contributions of Indian innovators in Life Sciences and Biotechnology.” The meeting was followed by the launch of AIM’s 6th edition of ‘Innovations for You’ coffee table book. The book highlights 50 pioneering entrepreneurs incubated under the various Atal Incubation Centres spread across the country, who are driving change through their contributions in Life Sciences and Biotechnology. Within this sector, the publication delineates innovations into subcategories—Diagnostics, Therapeutics, Bioengineering, and Drug Discovery. The publication is intended to highlight the stories of these innovations and underscore the vast applications and impact for society at large. Intended to both guide and inspire upcoming startups, the book also underscores the pivotal role of AIM-supported incubators in fostering innovation and research within these domains. These incubators have significantly augmented India's capabilities in Life Sciences and Biotechnology, empowering emerging innovators and researchers. The book can be accessed here: https://lnkd.in/gUDJJGxd. MedTech Mitra Portal link - https://lnkd.in/g-TSTC_D ***

We have selected 14 innovative medtech teams to participate in the Fall 2024 Aspire Medtech investor engagement program! We are impressed and inspired by these teams and their inventions, and thrilled to support them as they prepare for the next step in their entrepreneurial journeys. These medtech companies are developing inventions that include an attachment that converts a traditional wheelchair into a motorized one in just 30 seconds🦽; a low-cost atomizer device that delivers intranasal drugs faster during emergency situations 🚨; and low-cost wound dressings using smart biomaterials, empowering patients to heal and monitor their own wound infections 🩹; among others. For many promising technologies, funding becomes the barrier to scale. These companies will work closely with dedicated investor-mentors to dig deep into how to productively engage with investors. Learn more about their high-impact solutions and follow their progress: https://bit.ly/3N6u9eS