Finnish innovations bring valuable solutions to medical technology market
The medical technology market is growing and the positive development in the market has brought about an innovation boom. Health challenges and the increasing resource and cost pressures facing health care systems today demand increasingly cost-effective solutions. Finnish medical technology companies have come up with new innovative ways to tackle these problems.
Optimizing cost-efficiency in medical device development
In the field of healthcare technology, clients and investors appreciate it when companies focus on their core competencies and outsource industrial product development and production to professionals. In this respect, Innokas Medical is the ideal partner. “Our mission is clear. We want to help small health technology companies thrive and grow into medium-sized and large, successful businesses,” states Vice President Markku Nieminen, who is responsible for Marketing and Sales at Innokas Medical.
This mission is not impossible, because Innokas, a company specialising in the contract design and manufacture of medical devices, is a strong and respected partner in the field of medical device technology. Innokas offers medical device development services to help companies optimize an efficient use of resources in product development and manufacturing. The only company of its kind in Finland, Innokas has few competitors, even on the international market.
Innovative operating room systems
Merivaara’s hospital furniture is widely known and appreciated. The company’s latest innovation is an integrated operating room management system, which is currently available for the international market as well.
Merivaara’s portfolio of operating room equipment currently includes an impressive selection of products from operating tables to ceiling pendants and medical lights. OpenOR is the company’s crowning achievement. This open architecture system enables image management and control of equipment, such as surgical table, lights and cameras, in the operating room from a single touch screen. It speeds up the workflow in the operating room. As the system facilitates the utilization of telemedicine, such as real-time remote consultation, it also improves patient safety.
Increasing emphasis on services
Finnish Medix Biochemica produces rapid tests that are suitable for monitoring pregnancy and diagnosing acute disease states. The company is currently developing a rapid test reader, which will increase the value of these tests to a significant degree. Company’s product portfolio in the field of bioreagents has diversified. In addition to antibodies, corresponding antigens required for monitoring the quality of the final product have also been made available to Medix Biochemica’s clients.
The development of specifically tailored antibodies with recombinant technology is another new addition to the company’s product portfolio. Medix Biochemica is a true pioneer in this field. Medix Biochemica also offers conjugation services, where antibodies are marked with specific labelling agents needed for concentration measurements. “We have started calling our business a one-stop IVD shop. It is a fairly good description of the service we provide, since our clients can now get all the raw materials they need for immunoanalytics from us,” concludes Ismo Råman, the CEO of Medix Biochemica.
Helsinki is hosting a major medical technology event “MedTech Nordic Investing & Partnering” on 3rd September 2013. The event brings together the leading medical technology experts, investors, partners and service providers and is jointly organized by Nordic medical technology trade associations and their partners. Its purpose is to support medtech growth companies with diagnostics, therapeutics, ICT and eHealth solutions in finding funding and partners. http://www.medtechnordicinvest.com/
Articles about Innokas Medica, Merivaara and Medix Biochemica available:
http://www.helsinkibusinesshub.fi/article/innokas-medical-mission-not-impossible/
Helsinki Business Hub is the investment promotion agency for Greater Helsinki. We identify business opportunities for international companies and help them thrive in the heart of business in Finland, Russia and the Baltics. www.helsinkibusinesshub.fi
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