Dr. Arno Peels, chairman of the executive board, spoke at the Health Valley Event 2011 on March 16th. He discussed several key challenges facing global health including an aging population, rise in chronic diseases like obesity and diabetes, shortage of care providers, and increasing focus on health care costs over quality. He emphasized that improving quality of life while reducing costs of care is driving innovations in areas like home healthcare, smart interventions, diagnosis and environments. The presentation highlighted examples of new technologies being developed for early baby monitoring, replaceable heart valves, fitness gear, targeted chemotherapy, and non-invasive brain imaging.