Converting Agreements into Action: Sweden-India Year of Health

Swecare had the privilege of welcoming a delegation from India organised by our longtime partner InnovatioCuris.

Region Uppsala

Highlights included a highly engaging round table discussion with key Swedish innovators at the incomparable H2 Health Hub in Stockholm and a seminar at Vitalis in Gothenburg.

Aula Medica - KI

The delegation visited Karolinska Institute and Hospital in Solna, Uppsala Region and University, Surgical Science, Sahlgrenska, AstraZeneca's BioVentureHub, and GoCo Health Innovation City during their 4-day trip.

The focus of the delegation was to explore concrete collaboration opportunities between innovators in our two countries - taking the Innovation Partnership signed by Modi and Löfven last year to the next level.











Delegates

VR at Surgical Science

• Dr Sandeep Bhalla, Director of Training, Public Health Foundation of India (PHFI): leading the capacity building initiatives for Primary care physicians in chronic disease management and injuries .
• Deepali Jetley, Qwazent: Managing Partner from an all-female executive search firm with health care focus.
• Kingshuk Poddar, AIC-AMTZ Medivalley Incubation Council: a comprehensive entrepreneur incubation hub catering to convergence technologies in the field of Medtech, Nutratech and Biotech.
• Rohini Pimple, Research and Innovation Circle of Hyderabad (RICH): an initiative conceived to unlock the national treasure created by the top scientific research institutions in Telangana State, and to actively facilitate the process of taking their research to market.
• Rajesh R. Singh, Wadhwani Initiative for Sustainable Healthcare (WISH) Foundation: improving the quality of and access to primary healthcare for under-served communities in India by appropriately introducing promising healthcare innovations in the public health system.
• Sachin Gaur, InnovatioCuris: expert in cyber security and frugal innovations in health care.
• Dr VK Singh, InnovatioCuris: veteran doctor with a decades long career in the Indian military and extensive network in India.

If you were unable to join us during last week's activities and are interested in pursuing any of these contacts, please get in touch. Further information: InnoBRIDGE 2019.

Upcoming projects & activities (email Swecare if interested):

Linda Swirtun, Vinnova

• New Initiative - building a much broader and stronger platform in infection control, where as many Swedish institutions and companies as possible are engaged, establishing a Vision Zero for hospital acquired infections, similar to what has been done for road traffic accidents in Sweden and now exported to India.
• Strengthening Collaboration - reducing environmental risks from antibiotic production & sustainable solutions through building alliances. On the issue, Stockholm International Water Institute (SIWI) suggests a multi stakeholder call for action.
• Vinnova Call - company-driven research and innovation projects (Smart Cities & Clean Energy, Digitisation & IoT). Deadline 15 August - more information.
• Incoming visit - Director of AIIMS Jodhpur 12-14 June.

Seminar at Vitalis 2019

One crucial factor we often take for granted

In our 40 years, there is one lesson Swecare learned early, and which has been proven time and time again: successfully launching a Swedish healthcare company in a new market requires solid collaboration with a local partner. One with intimate knowledge of the local healthcare systems, long-term relationships with the key players within it, and a determination to do good. As a celebrity recently claimed – healthcare is complicated. Even those working in other industries, including defense, would agree that nowhere does local values, politics, culture, economic means have more impact than in healthcare. Projections of GDP growth, investment figures, risk assessments, population dividend and other macro figures are not enough to determine whether a product or service from within the Swedish healthcare and life science sector will be successful in a new market. Ours is a traditional sector by definition – nothing is as sacred as saving lives. Introducing new solutions even within our own borders is a challenge, doing so in countries which do not share our language, culture, social structure, even more so. Swecare realised early that our secret weapon is, and despite the advent of AI will remain for some time, our partners around the world - partners who have a stake in our success: who understand the way doctors work, hospitals purchase, politicians fund, and patient seek care.

Swedish Medtech, Swecare, and InnovatioCuris
representatives signing the MoU at Vitalis 2018 in Gothenburg

This week marked another milestone in Swecare's work within the EU-funded Central Baltic Health Access project. While we served as 'local' coaches for the companies within this Swedish Medtech-led project, the success of the program was very much dependent on our 'target market' coaches. In March we signed a Memorandum of Understanding with Uganda Healthcare Federation strengthening our commitment to work together in order to support more companies in entering the Ugandan Market. And on Tuesday this week Swecare signed an MoU with Sachin Gaur of InnovatioCuris at Vitalis 2018, pledging:

• exchange of information
• promotion of opportunities
• initial contact and consultation
• networking services

Sachin has proven to be an incredible partner, with InnovatioCuris providing the companies that traveled to India under CBHA with invaluable support. He is an expert on cyber security and innovations in healthcare management. Together with his CEO Dr VK Singh, they have turned InnovatioCuris into one of the few leading consultancies focussing solely in healthcare and life sciences in India. We hope that this project is once of many more collaborations to come.

Tallinn Science Park Technopol, Uganda Healthcare Federation,
and Swecare representatives signing the MoU with
Swedish and Ugandan Ministries of Health as witness in Kampala

CB Health Access program was initiated in 2016 between Estonian, Finnish, Latvian and Swedish technology organizations to support entrepreneurship in health technologies. The program facilitates the entry of Estonian, Latvian, Swedish and Finnish health tech companies to distant markets – South Korea, USA, India and Uganda. CB Health Access provides the companies with an introduction of the target market, individual coaching both from the home country and from target market experts, market information, business missions, and identifying and contacting potential partners, and business missions. The program has a strong focus for the companies to achieve sales in the chosen market. The program is financed by Central Baltic Interreg Program.

For more information on the CB Health Access program see https://www.cbhealthaccess.eu/ and visit Swecare Blog.