11th edition of MedTech Radar: Focusing on the healthcare of the future
Digital and intelligent – that’s the healthcare of the future. Many medical technology companies already have promising products on offer. Artificial intelligence in particular has great potential. This eleventh edition of MedTech Radar, a joint media service of the Bundesverband Medizintechnologie (BVMed), Earlybird Venture Capital, the High-Tech Gründerfonds (HTGF), Germany Trade and Invest (GTAI), and BIOCOM AG, reports on ideas currently being developed in the fields of radiology, diagnostics and prevention. A print copy of the latest edition of MedTech Radar is available from MEDICA 2018, while the PDF version can be downloaded in German and English from here.
Fast, precise and reliable: nowadays, health analyses have to solve some big tasks. Many medical technology start-ups are developing new technologies that allow for health data not only to be handled in digital form but also processing the information intelligently, for instance to help doctors in specific settings such as radiology, skin cancer diagnostics, treatment selection or hand hygiene. The latest edition of MedTech Radar is dedicated to the topic of artificial intelligence and reports on new companies with promising ideas for the healthcare of tomorrow in Germany.
“Unconventional business models working beyond established medical technologies while addressing major medical needs really excite us investors,” says Thom Rasche, partner at Earlybird.
“New products that solve a problem in the healthcare system while also dovetailing with current systems are well positioned to make the move into routine application,” stresses Anke Caßing, Investment Manager at HTGF.
“International companies with a business presence in Germany benefit from a growing medtech start-up scene boasting increasing collaboration opportunities and partnerships,” emphasises Gabriel Flemming, Senior Manager Healthcare at GTAI.
Joachim Schmitt, Managing Director at BVMed, adds that “The medical industry currently faces a dramatic change due to digitization, changes in the clinical market and new regulatory demands. Companies need to provide solutions, not only mere products. Therefore, they have to open up for start-ups and their digital expertise.”
To help networking between start-ups and the medical technology industry,
the first “Medtech Radar Live” event was organised by Radar partners in May 2018. A second gathering is scheduled for next year. It will take place in Berlin on 5th June 2019. “We will complement the start-up pitching session with further programme elements. Those will explore the conditions required for innovation and collaboration with the medical technology industry and mid-sized companies,” explains Sandra Wirsching, editor at medtech zwo magazine. For more information on the event, see www.medtech-radar.live.
About the publishers
The High-Tech Gründerfonds (HTGF) invests risk capital in young technology companies that implement promising research results into business strategies.
Earlybird Venture Capital is one of the most successful European venture capital investors and currently manages over 850 million euros of capital for an international investor base. In August 2016, it launched a new health-tech fund in which the insurance companies BARMER and Generali as well as the family-owned company Miele participated. Earlybird invests in innovative technology companies in Europe and, among others, has equities in Miracor Medical Systems and Atlantic Therapeutics.
The German Medical Technology Association (BVMed) is an industry association that represents over 230 industrial and commercial companies in the medical technology sector.
As an information specialist, BIOCOM AG has supported the life sciences with journals, websites and books for more than 30 years. The “medtech zwo” magazine and the news portal report on start-ups, deals and financings relating to the medtech sectors in Germany, Austria and Switzerland.
Germany Trade & Invest (GTAI)is the economic development agency of the Federal Republic of Germany. It helps strengthening Germany as a business location, supports German companies to enter foreign markets and assists foreign companies setting up in Germany.
BVMed – Bundesverband Medizintechnologie, Reinhardtstr. 29 b, 10117 Berlin
Manfred Beeres, Head of Communication/Press; Tel. +49 30 246 255-20, email@example.com, www.bvmed.de
Earlybird Venture Capital, Münzstr. 21, 10178 Berlin
Catrin Schmidt; Tel. +49 30 46724700, firstname.lastname@example.org, www.earlybird.com
High-Tech Gründerfonds Management GmbH, Schlegelstrasse 2, 53113 Bonn
Cornelia Klug; Marketing & Communications, Tel. +49 228 82300-121, email@example.com, www.htgf.de
BIOCOM AG & medtech zwo, Lützowstr. 33-36, 10785 Berlin,