CAMTech’s Open Innovation Platform to Address Diabetes Epidemic in India
Wednesday, September 30, 2015
The Consortium for Affordable Medical Technologies (CAMTech) at Massachusetts General Hospital (MGH) Global Health will host a Diabetes Innovation Hack-a-thon in Hyderabad on October 10-11, 2015. Organized in partnership with Lattice Innovations and with support from Marico Innovation Foundation (MIF), Terumo and Medtronic, the event brings together some of India’s brightest minds to develop innovative and affordable health technologies that will improve the prevention, diagnosis and management of diabetes in India and globally.
CAMTech is a global network of academic, corporate, and implementation partners whose mission is to build entrepreneurial capacity and accelerate medical technology innovation through an open innovation platform. Through the Diabetes Innovation Hack-a-thon, teams – through cross-disciplinary collaboration, mentorship and award incentives — will turn ideas into breakthrough innovations that can shift the paradigm and transform diabetic care in India and beyond.
“As the diabetes capital of the world, CAMTech wanted to direct our innovation efforts to India,” said Elizabeth Bailey, Director at CAMTech. “Through our hack-a-thon, we can identify the clinical challenges influencing this epidemic and mobilize a talented network of innovators from all over the country to create solutions that will improve and save lives in India, and across the world.”
Over 90% of this year’s applicants are from India. The event marks CAMTech’s 11th medtech hack-a-thon, and will offer monetary prizes of $2,750 USD for the top innovations that focus on specific diabetes-related healthcare challenges. Awards include a $1,000 CAMTech Grand Prize and a $1,000 MIF First Place Prize. Participants will work around the clock to pitch healthcare problems, form teams, prototype solutions, and develop business models before presenting their ideas to a panel of judges from public health, engineering and business, reflecting CAMTech’s cross-sector approach to innovation.
- Health Care