Discovery has announced 17 South African medical technology entrepreneurs who will be travelling to the US as part of Discovery’s first Discovery Entrepreneurs MedTech Silicon Valley Programme.

The MedTech programme is part of Discovery’s Enterprise and Supplier Development initiatives, and aims to provide local medical technology entrepreneurs with the opportunity to network and learn in a global market.

Discovery, in partnership with En-novate, will take these participants on a week-long educational business trip from 26 November to 5 December 2016 to Silicon Valley to explore technology-driven innovations and how these are transforming healthcare in the US, as well as alternative approaches to venture capital.

Discovery launched the programme in September 2016 during a session held to discuss the use of technology as a driver for reducing medical inflation.

“Technology is rapidly influencing and changing the healthcare industry. The use of video consultations, health apps and smartphone-enabled diagnostic tools are gaining traction across the world,” said Discovery Health’s Deputy CEO, Dr Ryan Noach.

“This is an industry that has the ability to disrupt the game, and with this programme, Discovery will provide promising entrepreneurs in this field with the opportunity to network and learn in a global market,” continued Dr Noach.

Entrepreneurs were invited to submit ideas that demonstrate innovation in terms of product or service, delivery model or social innovation (broad base market reach) for advancement of the health and wellness sectors. The 17 participants were selected after a rigorous selection and interview process.

The selected participants will receive business mentorship, and they will have access to business development and procurement support, and supply chain and investment opportunities following their inspirational tour to the US.

The Discovery MedTech participants are:

Coincido Ms Lebo Shange Medical diagnostics company
Geo-Q Technologies Mr Zukhanye Mayekiso Mobile interactive mapping
hearX Group Mr Nic Klopper Mobile hearing detection devices
iMed Tech Ms Nneile Nkolise 3D modelling
iVacBio Ms Sibongile Gumbi Local vaccine manufacturing
Iyeza Health Mr Siraaj Adams Health logistics company
LifeAssay Diagnostics Mr Robin De Cauwer Affordable diagnostic tests
Look See Do Mr Dean Hodgkiss Remote equipment monitoring
Mediswitch Mr Andrew Brown Electronic claim switching
M-Squared Medicals Ms Masego Mohajane Medical engineering company
Niche Integrated Ms Nisha Maharaj Tech-driven management
Patient Focus Mr Jacques du Toit Validated point of care solutions
RecoMed Mr Sheraan Amod Online healthcare booking
Sancreed (Pty) Ltd Mr Graham Rowe Tech-enabled disease coaching
Thinta Diagnostics Mr Dayne Morkel Medical devices company
UDo Test Ms Allison Martin Home-testing kits
UX Foundry Mr Patrick Carmody Pharma-centric instant message

Detailed information about the programme and updates are available on the Discovery website and social media channels.

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