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Innovation in Healthcare

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Innovation in Healthcare from Tech Push to Ned Pull

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Innovation in Healthcare

  1. 1. Innovation in Healthcare From Tech Push to Need Pull Florence (Italy), October 11th 2019 Adriano Fontanari
  2. 2. What is Innovation? Innovation can be described as a new idea applied to a market need (and introduced into the marketplace) ...but also the original recombination of existing ideas (Schumpeter) Pasteur’s Quadrant All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  3. 3. What is Healthcare? Services & Facilities Managed Care Laboratories Pharma Tech (basic) Tech (high tech) healthcare Agri-Tech Feedstock & Chemicals Biotech Digital & Information Tech Source: Nina Capital life science distinction between: ● healthcare ● life science ● health tech ● digital health
  4. 4. Tech Push or Need Pull Need Concept Need Pull Concept Need? Tech Push Need? Need? Need? Source: EIT health
  5. 5. What is it important to de-risk innovation? High cost of failure The roadmap from idea to product is long and expensive Source: https://www.cbinsights.com/research/startup-failure-reasons-top/. All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  6. 6. Innovation in healthcare: evidence based and value based FAKE IT UNTIL YOU MAKE IT NOT IN HEALTHCARE Sources: https://www.gamechangers.technology/technology-readiness-levels/, https://www.cancer.nsw.gov.au/data-research/clinical-trials/how-do-clinical-trials-progress, https://global.agfahealthcare.com/us/enterprise-imaging/value-based-healthcare/, https://www.theverge.com/2019/1/25/18197713/the-inventor-review-theranos-scandal-silicon-valley-startup -elizabeth-holmes-fraud-sundance-2019. All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  7. 7. Biodesign: need driven innovation Source: http://biodesign.stanford.edu/about-us/process.html. All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  8. 8. Biodesign: the need ...a way to solve a problem in a given population to create a specific outcome VALUE STAKEHOLDERS ALIGNMENT Source: http://biodesign.stanford.edu/about-us/process.html. All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  9. 9. The European Healthcare Startup Ecosystem In the last six years, the volume of investments in healthcare companies grew more than 4x, from € 2,6 B in 2013 to € 11,7 B in 2018. Fig. 1: Distribution of Healthcare startups in Europe that raised at least a Series A (2009-2019), 728 observations. Source: The European Healthcare Startup Ecosystem (Nina Capital). All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  10. 10. Spotlight on Accelerators Distribution of accelerators dealing with Healthcare, HealthTech, Digital Health, Pharma & Biotech Startups in Europe, 162 obs. Distribution of the best accelerators in Europe, 30 obs. Source: The European Healthcare Startup Ecosystem (Nina Capital). All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  11. 11. Spotlight on Universities & Research Centers Quantitative Analysis (Fig. 5), 132 obs. Qualitative Analysis (Fig. 6), 32 obs. Distribution of Universities / Research Centers in Europe with successful HealthTech spin-off Source: The European Healthcare Startup Ecosystem (Nina Capital). All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.
  12. 12. Adriano Fontanari Digital Health Innovation https://adry.health/ Link: https://www.nina.capital/news More info Affiliations: Download the Report All images are copyright to their respective owners and are protected under international copyright laws and are protected under international copyright laws.

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