As part of our FTR4H Conference we will also host an Open Mic Session. Apply till March 8th online here and use your time to shine! You will need a maximum of 10 min to fill out our questionnaire!
We will give up to 10 healthcare startups in attendance at SXSW the chance to present their startups on stage! 1 min elevator pitch, 2-3 min grillling from the audience and some of our speakers! Don’t be shy. Walk-ins welcome!
This session is in collaboration with DataNatives!
For the first time, FTR4H is curating a conference at SXSW. In 2018 we have 23 amazing speakers from 10 countries providing up to 300 minutes of healthcare innovation on stage at the Discovery Stage, Exhibit Hall 2.
Get a sneak-preview of our program! Here some highlights!
- 10:30 am: Let’s get started! Learn more about our worldwide FTR4H Community.
- 10:40 am: Keynote: “Everybody wants to innovate, nobody wants to change” by Rasu Shrestha, Chief Innovation Officer, UPMC; Executive Vice President, UPMC Enterprises
- 11:30 am: Get first-hand information about Bayers new G4A Generator Program by Priscilla Beal, Digital Innovation, Bayer U.S. LLC
- 11:45 am: Panel: “Patient-Centric-Care” with experts from the US, Spain, the Netherlands and Germany
- 12:30 pm: Keynote: “HealthWorks: Solving Healthcare challenges via collaboration” by Brian Rosnov, Innovation Lead, Philips HealthWorks
- 12:45 pm: Panel: “Blockchain” with experts from Slovenia, the US and Switzerland
- 01:30 pm: Travel with us! In our “Beyond the Pond” session you will get to know the eHealth communities in The Netherlands, Norway and Africa.
- 02:30 pm: Curated by our community partner DataNatives we will spend 40 min on “Myths, good Bets, and Realities: Breaking the Health Digital Deadlock through Big Data and AI”
- 03:30 pm: It’s your time to shine! We will do an Open Mic Session! Prepare your elevator pitches! No slides!
- 04:30 pm: Sunday Inspiration: “The Future of Genomics – Whole Genome sequencing” by BGI International
And best of all: up to 40 % of our speakers are female. Let’s celebrate diversity at SXSW!
Check the complete program on the SXSW website and do not forget to get your SXSW ticket!
While SXSW draws many innovators into town for a short period of time, Austin and neighboring Houston are worth a trip for any healthcare expert. They are two of the most important healthcare markets of the US with leading universities, research facilities, corporations as well as private and public hospitals. Over 200 life science companies in the region, and a workforce of nearly 12,300 are focused on the highest growth segments and research areas in the industry, including the specialties of biologics, medical devices, diagnostics, pharmaceutical, contract research, and others. More than 3,700 companies with 93,800 workers make the State of Texas one of the leading biotech states in the country!
We lead the WAY!
In collaboration with SXSW, we decided to offer curated tours for startups, corporate innovators, healthcare specialists as well as researchers to explore business opportunities in Texas. In four days and small groups we will:
- Meet up to 10 selected digital health influencers in two of America’ss most relevant healthcare hubs: Houston & Austin
- Explore options to participate in the rapid growth of the digital health market in the US.
- Scout technology and collaboration partners
- Get connected by local experts with influencers such as Hospitals, Government Officials, Research Experts, Startups, Investors, Mentors and Accelerators focussing on Healthcare Tech.
- Attend one of the world’s biggest innovation Festivals with 70,000+ attendees – SXSW!
To execute the tour, we partnered with some of the most active innovation and healthcare organisations in Texas such as:
Our tours cost range between USD 3,150 and USD 3,500 and include 1 Ticket to SXSW Interactive worth USD 1,125 (March 9th – March 15th), a curated 3 Day Tour in Houston and Austin with a minimum of meeting with 8 influencers, 4* Hotel Accommodation in Houston and a welcome dinner, pick-up and drop-off at the airport as well as transfer from Houston, and bike rentals in Austin. Accommodation in Austin can be provided upon request. Flights and visa are not included.
Register here or send us an email to Maren.Lesche@startupchallenges.eu!
Showcase your product at our FTR4H Space at SXSW! Our exhibitor packages range from $10,000 to $20,000 and include SXSW Interactive tickets worth $1125, an option to present on our FTR4H stage which will be featured in the official SXSWprogram, logo placement as well as access to our international Digital Health community! Here all opportunities in detail:
- Exhibit: 2 kiosks, 4 expo only passes
- 2 passes SXSW interactive (worth ca. $2250)
- Stage content: Short Pitch on Sunday (5 min), featured in the official SXSW program
- Logo placement on all materials/media (pre and onsite) and stage on Sunday and on any delegation materials (audience: mind. 25,000)
- Up to 4 event passes for FTR4H events at Medical Fair India, Asia, China
- Exhibit: 2 kiosks, 6 expo only passes
- 4 passes SXSW interactive (worth ca. $4500)
- Stage content: featured speaker on Sunday (20 min), featured in the official SXSW program
- Logo placement on all materials/media and stage on Sunday and on any delegation materials (audience: mind. 50,000)
- Sponsor recognition for Meet & Greet at FTR4H stand
- Up to 6 event passes for FTR4H events at Medical Fair India, Asia, China
- Feature on the Medicine Today on Digital Health Podcast
- Exhibit: 3 kiosks, 10 expo only passes
- 5 passes SXSW interactive (worth ca. $5525)
- Stage content: Featured Speaker (30 min/45 min), featured in the official SXSW program
- Prominent Logo placement on all materials/media and stage on Sunday and on any delegation materials (audience: mind. 70,000)
- Sponsor recognition for hosted dinner during event
- Up to 3 curated meetings in Houston and at SXSW
- Inclusion in future MEDICA newsletter (approx. 40,000 subscribers)
- Up to 10 event passes for FTR4H events at Medical Fair India, Asia, China
- Special endorsement on Social Media in FTR4H Channels with eHealth audience (up to 10,000 impressions)
Reach out to our Expo Space Expert Tom Mitchell at email@example.com for your own individual deal!
PS: Also check out our FTR4H Stage Program and our FTR4H Digital Health Tours in Houston & Austin!
After the successful launch of our digital health think tank FTR4H (Future For Health) we will be back at SXSW in 2018! As an official partner we will rock our FTR4H Conference Stage, coordinate an FTR4H expo space and explore business opportunities in the vibrant healthcare hubs Houston and Austin with special delegations for startups, corporates and investors!
SXSW we are coming!
SXSW is fun, SXSW is inspiration and SXSW is THE place to be in March! SXSWeek® spans 10 days and nights from March 9 –18 in 2018. It includes several festivals, e.g. SXSW Interactive, the SXSW Gaming Conference as well as a Music and Film Festival. In 2017, direct participation in SXSWeek totaled approximately 421,900! With more than 100 talks on Healthcare alone, SXSW is also an important source of inspiration for the worldwide healthcare community. However, the sheer size of the event as well as the intense program makes it hard to focus and talk business – something our FTR4H team experienced last year!
Based on our experience from running conferences and trade fairs such as MEDICA in Duesseldorf, we decided to partner up with the amazing crew behind SXSW to highlight Digital Health at SXSW!
FTR4H at SXSW: Expo, Conference and Delegations
There are many ways to join us at SXSW!
- Showcase your product at our FTR4H Space at SXSW! Our exhibitor packages are customised and include SXSW Interactive tickets worth $1125, an option to present on our FTR4H stage which will be featured in the official SXSW program, logo placement as well as access to our international Digital Health community!
- Tell your Healthcare Story on our FTR4H Discovery Stage on March 11! 75,000 attendees explored the SXSW exhibition in 2017, where our stage will be located.
- Explore Business Opportunities during our FTR4H Innovation Tours in Houston and Austin. Meet MedTech experts, investors, researchers and startups.
Interested? Do not procrastinate Get inspired by the creative crowd at SXSW in Austin AND explore business opportunities with us in one of the most important healthcare hubs in the USA!
MEDICA: Undisputedly the world’s most important trade show and gathering place for the medical industry worldwide. Americans have long been a driving force behind both the quality and size of this event, on average featuring over 500 US-based companies occupying about 2 acres (or about 1½ US football fields!) of exhibit space at the Düsseldorf fairgrounds.
Over the past decade in particular, mobile, IoT and big data has emerged as perhaps the most revolutionizing dynamic in the medical industry marketplace, and the US med-tech industry not surprisingly continues to dominate the global landscape. Some industry reports suggest digital health market revenues here may surpass $150 billion within the next 5-7 years.
In tandem, FTR4H FUTURE FOR HEALTH is an international platform powered by MEDICA that has risen alongside to highlight wireless and digital technologies – showcasing and exploring how digital transformation is affecting and will continue to drive important developments in the healthcare industry.
And now for the first time, the USA Pavilion at MEDICA 2017 will also feature a FTR4H LAB showcasing innovators and visionaries in this field.
The first company to join the FTR4H LAB is Westlake, Ohio based Blue Spark Technologies, Inc. A pioneering developer of thin, flexible, printed power solutions, Blue Spark Technologies’ latest innovation, TempTraq®, is the only Bluetooth® wearable continuous temperature monitor in the form of a soft patch that can continuously and comfortably monitor body temperature for up to 72 hours, sending real-time temperature data to a Hospital’s Nurse Monitoring Stations, EHR, and Smart Devices. With TempTraq’s new TempTraq Connect HIPAA-complaint Cloud, it can also be used remotely and enable a hospital to monitor patients at home in real time.
TempTraq has been tested in the most demanding environments at leading hospitals including Cleveland Clinic, University Hospital’s Seidman Cancer Center and Akron Children’s Hospital and has been clinically proven to detect fever 30 – 180 minutes earlier than a 4 Hour SOC in trials with Bone Marrow Transplant Patients (Abstracts available upon request). TempTraq is an FDA cleared Class 2 Medical Device and by November and MEDICA, the device will be CE approved and available for both Consumer and Clinical markets in Europe.
For more information about TempTraq®, plan to visit them at MEDICA 2017 – hall 16 / stand C20-6 or contact Blue Spark Technologies / VP of Sales, Mr. John Baragar firstname.lastname@example.org
For more information about joining the FTR4H LAB in the USA Pavilion at MEDICA 2017, contact Messe Düsseldorf North America / Sr. Business Development Manager, Mr. Ryan Klemm email@example.com
“Just creating an app does not mean you have a company. The key key question is: are you solving a problem?” These were the opening words of Pradeep K. Jaisingh, Founder of HealthStart India, at the VC Panel at #FTR4H program at MEDICAL FAIR India in New Delhi. Panel was organised by HealthStart. The main aim was to highlight VC perspective on the digital health startups scene in India.
As said by Mr. Jaisingh, the basic background of technology needs to be that it improves the outcome. A solution needs to solve a problem and be sustainable. From the macro perspective, potential for disruptive innovation in India is big, said Mr. Jaisingh. Especially in terms of diagnostics, treatment and management of chronic diseases.
The doctor’s expectations in the near future are high. Artificial intelligence can be utilized to effectively synthesize patient information before his visit in the hospital or a doctor’s office.
What do the doctors need?
Private Equity Professional Mayur Sirdesai, Director at Somerset Indus Capital Partners, warned, the key issue in digital health technology and innovation is probability of adoption. “When a doctor has a line of patients in the waiting room, he can’t be bothered by entering data in the computer,” he mentioned. The second challenge is payment for digital solutions. Revenue model of a startup is crucial to implementation of a solution in practice. In India, most payments are still out of pocket which might change with the development of the insurance market.
From the perspective of Shuchin Bajaj, Founder Director at Cygnus Medicare, a big potential in India is in putting more effort into medical education of other specialists and healthcare providers, apart from doctors. “We are to doctor-centric. I am a big fan of personalized medicine and “ayurveda” in that sense. These sciences look at the patient as an individual while medicine takes the patient as a dataset. Ayurveda does not treat the disease,” he said.
Needs and payments
Partha Dey, Healthcare Leader and SME at IBM India mentioned the need for more collaboration: “It is clear and we agree we need to walk together and collaborate. Technology can work as a platform and our idea is to use it to solve real life problems. We are working on longterm solutions. The first issue is always the business case. What do users need? What are they prepared to pay for? A lot of startups have ideas, but struggle with translation and implementation in practice.”
Vikram Gupta, Founder and Managing Partner at IvyCap Ventures Advisors described India as a unique market because of the payment system. “In the developed world insurance takes care of healthcare. Our environment drives behaviour. Hence healthcare consumption is different compared to the rest of the world. The opportunities here are of different nature than in other countries. One thing to look at is infrastructure. Ratio of hospitals does not match population needs.” Huge opportunities lay in financial assistance for healthcare, concluded Vikram Gupta.
FTR4H is in full preparations for MEDICAL FAIR INDIA 2017. Before arrival, we talked to Incubators, Companies, Start-ups, Experts… Here’s what you might find useful if you’re thinking about doing business in India.
1. Make good market research
India ranked at 130 out of 189 economies in 2015 according to the World bank. 4% of the GDP go to healthcare; around 60% of expenses for healthcare are out of pocket, according to OECD. Almost a third of the population is supposed to own a smartphone by 2019, claims GSMA report. All this goes in favour to digital health or at least mHealth solutions, but keep in mind plenty of good startups on the ground are busy tackling everyday issues.
The country is extensively working on using all the advantages of digital solutions to improve people’s lives and health. Heard of Aadhar? It’s unique-identity number issued to all Indian residents based on their biometric and demographic data such as eyes and finger prints. Nishal Arvind Singh, Founder NASS & Associates IPR Boutique law firm and Legal policy advisor to Honourable Health Minister Satyendra Jain of the Delhi Government explains the plan behind the project: “All payments will be linked with aadhar, to avoid duplicity, promote increase in online payments and disbursement to beneficiaries under many governmental schemes for education, pension etc. This will enable direct transactions into beneficiaries bank account, which will prevent corruption,” says Arvind, adding that in time, it will be connected with healthcare. The unique identification number of a person will prevent duplication and confusion in data management and insurance claimes with others with the same name.
2. Do you have enough time for business here?
According to a World bank report from 2006, it takes 56 procedures and approximately four years for a simple commercial contract in India. As explained by Prabhu Guptara, a distinguished Professor of Global Business, Management & Public Policy at William Carey University, India, a Member of Boards of different companies in the UK, Germany and Switzerland, the problem is the bureaucratic system. It takes years for the legal claims to be processed, let alone enforced. It is a slow system, so brace yourself with energy and patience to conquer it.
3. Know that India has very good medical doctors
Top class. World renowned. There’s a reason medical tourism flourishes here. However, as Sachin Gaur warns, 80% of people live in rural areas and only 20% of facillites are there. There are different initiatives to improve access, such as the the mohalla (neighbourhood) clinics. As explained by the hindustantimes, they were started with the aim of taking diagnostics and treatment of simple ailments to people’s doorstep and reduce the footfall in tertiary care hospitals.
4. Can you make a subscription plan under a dollar a month?
India has 1.3 billion people, the majority is poor. “2/3 of the population can’t be your target market. 30% of the population lives on less than 2.5 dollars/day, another third 5 dollars/day. Which still leaves you with 400 million people you could address,” says Prabhu Guptara. However, given the number of people, if you can design a subscription model for around 20 cents, than you might address the poorer population, says Sachin Gaur, Director Operation at InnovatioCuris. Taking into account the volume you could reach, it can turn out to be a viable business model.
“If you can design a subscription model for around 20 cents, than you might address the poorer population,” says Sachin Gaur, Director of Operations at InnovatioCuris.
5. Ask, connect to people on the ground
Have you heard of HealthCode.io? It’s a platform for healthcare professionals where you can find people interested in co-creation, consulting, commercialisation, fundraising, mentoring, investing, validation. The app, as the founders claim, already has members from 52 countries, so you might find useful connections even outside India!
Be sure to check the two episodes of Medicine Today on Digital Health! Praphu Guptara speaks about differences in the healthcare systems in India, Switzerland or England. Sachin Gaur talks about the innovative solutions in India and problems of digital solutions and cyber security. You can find it on iTunes or Soundcloud.
Press Release: March 1, 2017 – Every year in Duesseldorf, Germany, more than 5,000 exhibitors from over 70 countries participate in MEDICA, the world’s leading exhibition for medical products and tech. When it comes to digitalization of healthcare, MEDICA has taken a leading role, especially with the MEDICA CONNECTED HEALTHCARE FORUM (with the MEDICA App COMPETITION). The newest initiative – FTR4H – explores how Digital Transformation affects the healthcare industry.
“FTR4H acts as a Think Tank and definer to connect global Digital Health ecosystems in markets like China, Europe, India, Israel and the US with the World of MEDICA – a hashtag to categorize what drives Digital Health: #FTR4H.”
Debut at SXSW 2017
In 2017, FTR4H will debut at SXSW, the world-famous series of conferences & festivals which celebrate the convergence of the interactive media, film, and music industries. Get an overview of what FTR4H is about, what is planned in the future, and who is part of our network. As a special treat, we will feature some international digital health startups in a mini-pitch that will shape the healthcare community in the future:
- All the way from Berlin: iRewardHealth – their wellness program tackles the massive problem of preventable diseases using behavioral economics to effectively motivate healthy behavior change
- Houston calling! CareScriptions by Seremedi from Houston, Texas, is a SaaS patient engagement platform
- The Hungarian-German startup MediLad builds personalized health conversations for women – so called FemTech. The first product of the young female founder team is Izzy, a period tracking for messenger.
“The U.S. is the world’s most important market for Digital Health, and initiative like FTR4H is more timely than ever as our world turns to mobile as a hub for digital transformation with IoT, AI and Data reshaping every industry, most especially healthcare”, said Tom Mitchell, President of MEDICA’s U.S. operations.
FTR4H will host a Digital Health Meet & Greet on Monday, March 13 at the German Pavilion from 4:00-5:00pm.