Medtronic plc has 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 organizations 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 organizations 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'.

In addition to MAIC, and as part of the OIP, Medtronic will also open its first-ever Digital Medtronic Innovation Centre (dMIC) in Singapore. When completed, the facility will offer a collaborative space for an all-round immersive experience of product and therapy innovation.

Image Caption- Wan Yee Goh, senior vice president and head, Healthcare, EDB (left) and Chris Lee, president for Asia Pacific, Medtronic (right)