A new initiative is being launched to support UK-based SMEs and innovators to better understand the pathway to bring medical technologies to market and enhance innovation for patient benefit. Market Access for MedTech is led by the University of Southampton Institute for Life Sciences and National Institute for Health Research Surgical MedTech Co-operative, powered by global super connectors, Empact Ventures.
The free two-hour sessions spread across six weeks will take place online every Tuesday from the 1st June 2021 until 6th July 2021 as a service to support the MedTech sector. It aims to enhance collaboration for SMEs with the NIHR MedTech Co-operatives, regional universities, and stakeholders in the wider ecosystem.
The course is supported by the University of Leeds, University of Portsmouth SIGHT Programme, Wessex Academic Health Science Network, Top Business Tech, HealthTech World, and others, and is funded by a Higher Education Innovation Fund award to the Institute for Life Sciences. It will feature 20+ speakers from organisations including the National Institute for Health and Care Excellence (NICE), Innovate UK, Bowel Research UK, Leeds Teaching Hospitals NHS Trust, SETsquared, Device Access UK Ltd, and more.
The course will also showcase MedTech SMEs and key stakeholders in a Digital Exhibition enabling people to connect with them over a video. For those that are seeking to explore new collaborations, Empact Ventures will make introductions via email after the course finishes to potential partners, clients, and funders for those that opt-in upon registration.
Vee Mapunde, programme director of the National Institute for Health Research Surgical MedTech Co-operative, commented: ‘While there is no shortage of surgical innovation, very few devices make it to clinical practice for various reasons which this course aims to highlight.’
‘Early clinical involvement has been identified as one of the main obstacles to successful translation, and by working together with our event partners (University of Southampton Institute for Life Sciences and Empact Ventures), we aim to demystify key parts of the process and provide practical advice for the industry. The key thread throughout the course will be the requirement to demonstrate patient benefit, and we encourage delegates to make use of the Q&A/chat functions as well as networking tools to get the most out of the speakers and panellists.’
Professor Peter JS Smith, director at the University of Southampton Institute for Life Sciences, commented: ‘The central south of England has a vibrant and diverse MedTech sector. Through our work with scientists and engineers translating their research and businesses developing medical technologies, it’s clear that the pathway to market can be complicated.’
‘By bringing together leading experts from around the UK, we aim to provide an overview of the process and stakeholders, as well as giving innovators the opportunity to connect with organisations that can help them. In turn, we want to better understand the sector’s needs so we can match business aims with regional research support. We warmly welcome you to join us on the course.’
Kosta Mavroulakis, founder & CEO of Empact Ventures & Super Connect for Good, added: ‘It is an honour to work with these two fantastic organisations to educate and connect MedTech SMEs, clinicians, academics, funders, and key stakeholders across the UK. We have been very impressed with the work that the University of Southampton Institute for Life Sciences is doing to support these stakeholders, and it is showing that it is one of the leading universities in this area.’
‘We are also delighted to be working with the NIHR Surgical MedTech Co-operative once again after three successful event collaborations from the Super Connect Leeds event to the Virtual Northern MedTech Summit in January 2020. We look forward to hosting people from around the UK and beyond to discuss, connect and create new MedTech collaborations that will benefit society in years to come.’
Please visit the Market Access for MedTech page for more information and to register for one or more of the six weekly sessions.