Cambridge Consultants part of Capgemini, today announced its collaboration with MedTech Innovator Asia Pacific, the world’s leading non-profit accelerator of medical devices. MedTech Innovator connects healthcare industry leaders with innovative early and mid-stage medtech companies for mentorship and support. During 2021, MedTech Innovator will select 20 start-ups for participation in its annual Asia Pacific program and will award up to US$300,000 in cash prizes and awards.
Cambridge Consultants will work directly with selected emerging companies and will also provide financial support to MedTech Innovator. The organization’s annual program provides best-in-class start-ups with opportunities to connect with healthcare investors, stakeholders, and key decision makers. Selected start-ups receive one-on-one mentorship and coaching from industry leaders to help drive commercialisation of leading-edge medical technologies throughout Asia Pacific.
Yan Lin Lye, Head of Asia Pacific Medtech at Cambridge Consultants commented: “This is an exciting opportunity to put something back into the industry and help to shape the future. It certainly demonstrates our commitment to medical technology innovation in the region. The team here is ready to put its years of expertise and insight to good use, helping ambitious young companies improve the standard of care in the Asia Pacific region. We look forward to discovering how participants in the program are working to improve and prolong patient lives through innovation.”
Paul Grand, founder and CEO of MedTech Innovator added: “We are proud of our track record of finding the industry’s most promising medical technologies and digital health companies. Our partners and sponsors play an invaluable part in advancing innovation with their expertise and industry knowledge. We are pleased to welcome Cambridge Consultants as our newest collaborator for the Asia Pacific program and look forward to working together to advance technologies poised to address critical health issues in the region and achieve better patient outcomes.”
MedTech Innovator works closely with stakeholders across the industry to foster the growth of early to mid-stage start-ups. Cambridge Consultants joins program sponsors Johnson & Johnson Medical Devices Companies, which has committed to a three-year sponsorship of the program, Align Technology, Nipro Medical Corporation, Oliver Healthcare Packaging, Olympus Medical Systems Group, Siemens Healthineers, and Enterprise Singapore. The MedTech Innovator Asia Pacific Program is held with industry support from APACMed.
Cambridge Consultants develops breakthrough products, creates and licenses intellectual property, and provides business consultancy in technology-critical issues for clients worldwide. For more than 60 years, the company has been helping its clients turn business opportunities into commercial successes, whether they are launching first-to-market products, entering new markets or expanding existing markets through the introduction of new technologies. With a team of more than 900 staff, including engineers, scientists, mathematicians and designers, in offices in Cambridge (UK), Boston (USA), Tokyo and Singapore, Cambridge Consultants offers solutions across a diverse range of industries including medical and life science, industrial and energy, consumer and retail, and communications and infrastructure. For more information, visit: www.cambridgeconsultants.com
Cambridge Consultants is part of Capgemini Invent, the innovation, consulting and transformation brand of the Capgemini Group. Capgemini Invent helps CxOs envision and build what’s next for their organisations. Located in more than 30 offices and 25 creative studios around the world, its 7,000+ strong team combines strategy, technology, data science and creative design with deep industry expertise and insights, to develop new digital solutions and business models of the future.
Capgemini Invent is an integral part of Capgemini, a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organisation of 270,000 team members in nearly 50 countries. With its strong 50 year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2020 global revenues of €16 billion.
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About MedTech Innovator
Based in Los Angeles, Calif., MedTech Innovator is the largest accelerator of medical device companies in the world and the premier non-profit start-up accelerator in the medical technology industry. Its mission is to improve the lives of patients by accelerating the growth of companies that are transforming the healthcare system. MedTech Innovator matches healthcare industry leaders with innovative early-stage and emerging growth medtech companies for mentorship and support.
- medical technology
- medical devices
- breakthrough innovation