“India has become one of the leading destinations for medical tourism prompting high capital investment for diagnostic and curative technologies”, says Swetha Suresh, Medtech expert, Senior Manager, Innovation & Lifesciences at swissnex India. “For Swiss medical technologies, the segment is a big opportunity given their precision, accuracy and reliability.”
For this reason, and to provide further insights of India’s medtech industry, swissnex India has organized a week-long tour for ten selected Swiss medtech and healthcare startups or managing partners with a product or service targeted for the Indian market or have an interest to produce in India. Also, startup enablers including incubators, tech parks, and academic staff working on technology transfer and want to learn about the Indian medtech and healthcare market are invited to participate. The trip will take place from October 3rd to 8th 2017.
Stefan Stübinger, founder Di Meliora and Ad Mirabiles, was a participant in last year’s trip. Stübinger comments "India is a great potential for a mutual exchange and collaboration with Switzerland in the field of Medtech and Biotech, the country provides ideal and sustainable incentives for a fruitful and long-lasting start-up culture."
This year's medtech and healthcare startup tour will acquaint participating startups across ecosystems in Bangalore and Mumbai. swissnex will organize two specific meetings, and host a regulatory workshop with government officials. Participants will also visit and interact with key opinion leaders in the medtech and healthcare field in India to enable them build relationships, and they will meet potential local partners and customers such that they can adapt their business model, product or service to the Indian market.
In addition, participating startups will have the opportunity to exhibit at India's biggest medical equipment expo, Medicall. swissnex India which hosted 75 exhibitors and 1500 visitors last year. Startup tour participants will have the opportunity to gain a comprehensive insight of the Indian medical sector; showcase products /prototypes directly to medical community and connect with the right people for successfully entering the market.
The program is free of charge for participating startups, however, travel, accommodation, food and insurance fees are a responsibility of the participants. CTI startups may be eligible for a one-time travel stipend from the Gebert Rüf Stiftung for up to 2 people (2 x CHF1000).
Application deadline for the tour closes on 31 July.
Meet the team from swissnex India
Startups and supporters interested in the tour will have the chance to meet the team from swissnex India from 12th to 17th June 2017. The team will provide insights on the tour and answer any open questions. Two events and office hours in several Swiss cities are planned. The two events are:
“At the heart of India’s booming medtech market” – June 12th, ETHZ Hönggerberg, Room HIL E10.1 – Register here
“Launching your medtech startup in India” & case study of swissnex India’s alumni startup in India (SmartCardia) – June 14th, EPFL Innovation Park, Room Pluton Building D – Register here
Office hours will take place on the following dates:
Zurich-Monday, 12 June
Bern– Tuesday, 13 June at the Swiss Medtech Day
Basel-Wednesday, 14 June
Lausanne-Thursday, 15 June
Lausanne and Geneva-Friday, 16 June
Meetings at the office hours can be booked via this link.