The government-funded MTPConnect has signed a memorandum of understanding (MoU) with The Medical Alley Association, an organisation based in the US that supports organisations to innovate, succeed and influence the evolution of healthcare.
Established as part of the Australian Government’s $250 million Industry Growth Centres Initiative, MTPConnect is working with the medical technology and pharmaceutical sectors with the objective of increasing its global competitiveness and productivity.
The new MoU was signed at the 2017 MedTech Conference in San Jose, by Dr Alfredo Martinez-Coll, MTPConnect general manager of stakeholder engagement, and Shaye Mandle, CEO of The Medical Alley Association.
The MoU seeks to increase collaboration on activities that boost the health and medical technology sectors of both Australia and the US.
The two organisations will work together on activities such as providing introductions and in-market support in their respective jurisdictions, exchanging information on key issues and trends, supporting inbound and outbound missions, and the delivery of joint events and projects.
According to Dr Alfredo Martinez-Coll, “The MedTech Conference brings together the best-of-the-best in the international medical technologies sector, and has provided the perfect platform for MTPConnect and Medical Alley to sign an MoU to align our two organisations and collaborate to strengthen the growth of our respective markets.
“Medical Alley offers outstanding support to Minnesota’s health industry, and we look forward to forging a strong and fruitful relationship, opening further connections between the exciting innovations in our great countries.”
"Australia and Medical Alley have a history dating back to the development of the pacemaker. Our partnership today sets the stage for continuing to help patients live better, longer. We look forward to continued partnership with MTPConnect and the Australian medical technology community," said Mr Mandle.
MTPConnect led a delegation of 29 Australian companies, research organisations and industry bodies to The MedTech Conference to showcase Australia’s innovative medical technology companies. The delegation included CSIRO, Analytica Medical, Life Whisperer Diagnostics, TechInSA and the Graeme Clark Institute from The University of Melbourne.
The Australian delegation also took part in a tour of the Boston Scientific CRM manufacturing site, and presentations from the Medical Device Innovation Consortia, Hogan Lovells attorneys, and The Medical Alley Association.