DUBLIN and SINGAPORE – Media OutReach<\/a> –\u00a014 October 2021 – Medtronic
Medtronic Open Innovation Platform (OIP) supported\u00a0by the Economic Development Board of Singapore was launched today. Wan Yee Goh, senior vice\u00a0president and head, Healthcare, EDB (left) and Chris Lee, president for Asia Pacific,\u00a0Medtronic (right) signed the MOU at the launch ceremony which will focus on development\u00a0of talent and technology under this platform.<\/span><\/p>\n \u00a0<\/p>\n Focusing on the unique healthcare needs of the APAC, this
\u00a0<\/p>\n “Singapore has been a strategic hub for
\u00a0<\/p>\n “Medtronic’s
\u00a0<\/p>\n As part of the
\u00a0<\/p>\n MAIC will provide
\u00a0<\/p>\n The top five
\u00a0<\/p>\n In addition to
\u00a0<\/p>\n “Building on the
\u00a0<\/p>\n EDB and
\u00a0<\/p>\n Medtronic APAC Innovation Challenge launches on October 14 with
DUBLIN and SINGAPORE – Media OutReach –\u00a014 October 2021 – Medtronic
plc (NYSE: MDT), a global leader in healthcare technology, today announced
the launch of the Medtronic Open Innovation Platform (OIP) in Singapore. The
OIP will bring strategic collaboration in healthcare technologies among various
stakeholders across the healthcare ecosystem through capability development,
partnerships and business …<\/p>\n","protected":false},"author":1,"featured_media":18120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18119"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18119"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18120"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nplc<\/a> (NYSE: MDT), a global leader in healthcare technology, today announced
\nthe launch of the Medtronic Open Innovation Platform (OIP) in Singapore. The
\nOIP will bring strategic collaboration in healthcare technologies among various
\nstakeholders across the healthcare ecosystem through capability development,
\npartnerships and business organizations networking in the areas of medical
\ntechnology and digital health in APAC, with Singapore as the epicenter.<\/p>\n![](\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/186270\/Medtronic-EDB.jpg#image-186270\")
<\/p>\n
\nfirst-of-its-kind platform will be supported by the Singapore Economic
\nDevelopment Board (EDB). This
\nwill enable Medtronic and the EDB to support talent and technology development
\nwhich can help Medtronic leverage data, AI, and automation to address patient
\nneeds.<\/p>\n
\nMedtronic with a manufacturing facility, its APAC regional headquarters, and
\nnow an epicenter for the Open Innovation Platform. We are excited to work with
\nEDB’s support on this program, aligned with our vision to lead the way for
\nhealthcare technology and address the complex challenges of the sector,” said
\nChris Lee, president for Asia Pacific, Medtronic, at the signing ceremony of
\nthe memorandum of understanding (MOU) between Medtronic and EDB.<\/p>\n
\ndecision to establish its first ever Open Innovation Platform for Asia Pacific
\nin Singapore is a testament to our leading role as a vibrant innovation and
\nbusiness hub. Over the past few years, we’ve seen a growing pool of MedTech and
\nDigital Health start-ups in Asia Pacific and close to 200 local start-ups. The
\nMedtronic OIP puts us in a strong position to serve the region’s growing
\nhealthcare needs, including those brought about by an aging population, and
\ncreate new exciting job opportunities for Singaporeans. Healthcare continues to
\nbe one of the key pillars of the Singapore economy, and we look forward to
\nworking with Medtronic to further strengthen the sector’s innovation
\ncapabilities,” said Wan Yee Goh, senior vice president and head, Healthcare,
\nEDB. <\/p>\n
\nOIP, Medtronic also launched the Medtronic APAC Innovation Challenge (MAIC)
\ntoday, where business organizations in APAC will have the opportunity to
\nshowcase innovative medical technology solutions in one of the four domains -
\nnamely, ‘Life Transforming Technologies’, ‘Better Outcomes for All’, ‘Experiences
\nthat Put People First’ and ‘Insight Driven Care’.<\/p>\n
\nan opportunity to selected participants to collaborate with Medtronic to
\nfurther develop and innovate in the medical technology sector. The final round of
\nthe MAIC is scheduled to take place alongside the Medtronic Asia Innovation
\nConference in the first quarter of 2022.<\/p>\n
\nwinners of the MAIC may have the opportunity to partner with Medtronic for a
\ncommercial pilot on their proposed MedTech, digital health or solution, valued up
\nto US$200,000 for each of the five winners.<\/p>\n
\nMAIC, and as part of the OIP, Medtronic will also open its first-ever Digital
\nMedtronic Innovation Centre (dMIC) in Singapore. When completed, the facility
\nwill offer a collaborative space for an all-round immersive experience of
\nproduct and therapy innovation.<\/p>\n
\nentrepreneurial spirit that we share with other companies, including our
\nMedtronic OIP start-ups serves as a launchpad for us to grow new ideas, empower
\nan innovative ecosystem and translate collaboration into actionable outcomes.
\nMedtronic is one of the best destinations for innovation and innovators due to its
\nlarge and diverse portfolio across 70 disease states. This is indeed aligned to
\nour new brand and bold ambition to become the global healthcare technology
\nleader, with a focus on AI, robotics, automation, IoT and digital health,” Lee
\nadded.<\/p>\n
\nMedtronic have a long-standing relationship, one such example being a
\nleadership development program – TalentX SG+ – operating since 2019. The
\nprogram is unique to Singapore, identifying top local talent in the company and
\noffering them a year-long rotational job posting, giving participants exposure
\nto different businesses and countries in APAC. With the support of the EDB, Medtronic
\nhas also recently founded the Intelligent Supply Chain Planning Hub, a
\npredictive and exception-based planning program which aims to develop and
\nattract the best supply chain talent and capabilities.<\/p>\n
\nsubmissions open until November 26. For more information about the MAIC, please
\nvisit http:\/\/maic.medtronic.com<\/a><\/p>\n<\/p><\/div>\n\n
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