‘Med Tech’ encourages entrepreneurship
S Vishnu Sharmaa, INN/Chennai, @Svs037
Technologies related to medical and healthcare segments got a big boost, thanks to ‘Med Tech’ symposium. The event was organised by Center for Healthcare Entrepreneurship (CfHE) of Indian Institute of Technology, Hyderabad (IIT-H) to bring together key leaders in the field of medical and healthcare technologies to discuss challenges and developments in the medical devices start-up ecosystem recently.
Panel discussions were held on topics namely early stage funding, medical device regulatory aspects, industry perspective that will help the start-ups. The event focused on early start-ups and budding entrepreneurs and served as a platform to connect with veterans and experts in the field of medical technologies.
The symposium provided an opportunity to learn about future trends, opportunities and the regulatory and industry perspective along with tips on creating a medical device start-up.
The event targeted early start-ups and budding entrepreneurs and will serve as a platform to connect with veterans and experts in the field of medical technologies.
Professor B.S. Murty, Director, IIT Hyderabad, said need was felt to usher in innovation and incubation culture in academic institutions. With strong research in Biomedical Engineering and lot of other members of faculty from other departments engaged in interdisciplinary research in allied areas, it was only appropriate to put identify healthcare as the theme for this endeavour.
Professor U.B. Desai, Head of Operations CfHE, said the event intended to connect IIT-H incubated start-ups with investors and venture capitalists in the healthcare technology sector.
‘It was a great networking opportunity and created a lot of avenues for IITH start-ups. It also provided an exposure to the regulatory environment of the healthcare technology sector.’
Dr. Ramesh Byrapaneni, MD, ENDIYA Partners, said new and emerging innovations and smartphone technologies and cloud computing is transforming healthcare into a model that is increasingly patient-centred and transparent.
The digitalisation of healthcare and deep tech the healthcare space is the new innovation accelerator, catalysing a transition in the methods of healthcare delivery from the traditional hospital or office-based visitations to technology-based encounters that are virtual, on-demand and patient-generated, he said.