2016 Swiss Medtech Start-ups Delegation Visit to Korea

From April 27th to 29th, four Swiss high-tech medtech start-ups delegation visited Korea for specially tailored 3-day program. The program was organised by the Science & Technology Office at the Swiss Embassy and supported by Commission for Technology and Innovation (CTI) of Switzerland and the Swiss Korean Life Science Initiative. It was also co-organized by Korea University Hospital’s Medical Device Clinical Trial Center.

The goal of the program was to introduce the start-ups to practical tips for validating, testing and entering the Korean medtech market.

The following four start-ups from Switzerland participated in this program.

  • Domo Safety – home care: preventive and emergency monitoring

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  • Lunaphore Technologies – tumor analysis and classification platform

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  • Qloudlab – remote blood monitoring platform for chronic disease patients

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  • Mimedis – custom made implants for different CMF (Cranio-Maxillo-Facial) applications

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Information & Networking Workshop 

On the 1st day of the program, start-ups could have a chance to absorb information in regards to :

Korean medical technology market introduced by Clay Kim from IMS Health Korea

IP process in Korea introduced by Stephen T. Bang from Kim&Chang

Certification in Korea introduced by Young-Woo Bae, Ministry of Food and Drug Safety in Korea

Overall doing business in Korea by Monica Baik, Swiss Business Hub Korea 

Business opportunities in Korea for Swiss start-ups -Experiences and stories shared by Eun-Uk Ahn, Former CEO of Roche Diagnostics Korea.

 

Swiss Medtech Innovation Event 

In the evening of the same day, “Swiss Medtech Innovation Event” was organised at the Embassy of Switzerland. Each start-ups pitched their company and technology to 35 invited guests from variety of fields including research-specific universities, hospitals, business consultants, investors, and private companies. Lively and meaningful discussions on their technologies followed.

 

Site Visit to Hospitals 

On the 2nd day, Swiss medtech start-up visited following hospitals: Korea University Hospital in Guro, Samsung Medical Center, and Gangnam-gu Haengbok Convalescence Hospital. The visit was aimed to get introduced high tech medical facilities and hospital systems in Korea and to seek for possible R&D collaborations. 

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Finally, on the last day, one-to-one meetings were arranged by the Science & Technology Office with interested partners, such as Yonsei Severance Hospital, Seoul National University Hospital or again Samsung Medical Center for each start-up in which they could receive some advice and suggestions on collaboration.

Overall, the entire program was done successfully, and initiated Swiss medtech start-ups to build up partnership with Korean medtech field.