Medtronic launches Open Innovation Platform for healthcare in Singapore

Medtronic has announced the launch of an 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 organisations networking in the areas of medical technology and digital health in APAC, with Singapore as the epicenter. Focusing on the unique healthcare needs of the APAC, this first-of-its-kind platform will be supported by the Singapore Economic Development Board (EDB). This will enable Medtronic and the EDB to support talent and technology development which can help Medtronic leverage data, AI, and automation to address patient needs. As part of the OIP, Medtronic has also launched the Medtronic APAC Innovation Challenge (MAIC), where business organisations in APAC will have the opportunity to showcase innovative medical technology solutions in one of the four domains - namely, ‘Life Transforming Technologies’, ‘Better Outcomes for All’, ‘Experiences that Put People First’ and ‘Insight Driven Care’.