New Technology Centre to Further Innovation in Medtech

By • on October 3, 2018

The Straits Times website noted that transformative technologies and innovative business models have rocked the medical technology (medtech) sector, and companies can no longer solely rely on in-house capabilities. Instead, open innovation will become more important as stakeholders from diverse and highly specialized industries cooperate and develop new approaches to research and development. A Forbes survey has found that most medtech firms expect innovation to happen through partnerships.

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Image via Flickr.

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