Rise in healthcare innovation labs in Asia

 07-Aug-17, BioSpectrum 

Convergence of technology, mobility solutions, big data and analytics has further opened up avenues for truly disruptive and innovative approaches to address the cost and accessibility problems in the healthcare and life-sciences space.

Commercialization of research and faster time to market is also becoming increasingly critical. Governments and organizations are rising to this opportunity by providing regulatory, financial, infrastructure and knowledge support to help enterprising and smart ventures.

Image: Wikimedia

The response to the challenge of rising healthcare costs and demographic and lifestyle changes may lie in the advent of healthcare technology, faster commercialization of proven medical and biotech research, and innovative funding and delivery models that provide quicker and cheaper access.

A number of business incubators and accelerators have come up alongside the increased entrepreneurial activity that is being observed, thus providing a symbiotically beneficial ecosystem that makes it extremely conducive to plunge into new ventures.

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