US medical technology company GE Healthcare and London-based innovation hub Wayra UK have launched a regional programme to support digital health start-ups to develop artificial intelligence applications for healthcare and accelerate the path of new AI solutions for healthcare to market.
The Edison Accelerator will welcome six start-ups to its first cohort early next year which will focus on applying AI to medical imaging, operational AI in oncology and the use of AI to improve the patient experience.
This is GE Healthcare’s first such initiative in EMEA, following two programmes in China and India.
The start-ups joining the programme will focus on three aspects of their proposition: innovation, adoption and integration. They will work towards getting their proof of concepts in place and if successful, they could gain access to GE Healthcare’s Edison platform, which enables rapid and compliant design, development and deployment of various applications and will ultimately give the start-ups access to GE Healthcare’s clients.
The start-ups will be able to tap into GE Healthcare’s global network including thousands of sales professionals and distribution partners in 160 countries. A network of mentors from domains including healthcare technology, business development and investment will support the start-ups throughout the programme.
The Edison Accelerator has been co-designed with healthcare providers to make it easier for digital health start-ups to bring new and innovative solutions to the market quickly and cost-effectively. A network of mentors from a variety of domains including healthcare technology, business development and investment will support the start-ups throughout the programme.
Catherine Estrampes, president and chief executive Europe, Middle East and Africa at GE Healthcare, said: “The healthcare industry produces substantial amounts of data, and it is extremely difficult to bring this data together, convert it into meaningful insights and bring those insights to the point of care. The opportunities for healthcare with a truly intelligent connected digital enterprise are significant, but no one organisation can get there alone
“The future of innovation will be about working across silos and collaborating across the healthcare ecosystem, including start-ups, research centres, hospitals and clinicians. The Edison Accelerator brings together leading technology providers, developers and academic institutions under a single, connected ecosystem to create real impact from the bottom line to better patient outcomes.”
Bruno Moraes, country manager at Wayra UK added: “The pace of innovation in medtech is impressive and brings fundamental changes to our healthcare system with better outcomes and tangible impact on our lives. This is an area where we have been very active for several years and this partnership with GE Healthcare and the launching of the EMEA Edison Accelerator represents our strong belief on the impact innovation and digital transformation has in this sector. One of the differentiators of this programme is the strong connection with the industry and real clients through its entire duration. It is a great opportunity for the best scale-ups in Europe to further develop and expand their solutions and we are looking forward to welcoming and working with them.”
Date published: December 22, 2020