EY partners with BioInnovate Ireland to resolve unmet clinical needs

Pictured at the announcement of EY’s partnership with BioInnovate Ireland were (from left) EY’s Head of Life Sciences Aidan Meagher, BioInnovate Fellows Dr. Maura Kinahan and Dr. Cliona Murphy, and BioInnovate Ireland Programme Director Dr. Mark Bruzzi.
May 08 2015 Posted: 16:41 IST

Professional services firm EY, today, announced their partnership with BioInnovate Ireland; a medical device innovation training programme based in NUI Galway modelled on the prestigious Stanford Biodesign programme.  This partnership comes as EY continues to broaden their support of the indigenous Life Sciences sector and foster the next generation of digital health entrepreneurs.

With industry, academic and government support, and access to leading academic researchers, clinicians and industry experts worldwide, the BioInnovate Ireland programme facilitates and trains multidisciplinary teams of experienced professionals in the process of matching unmet clinical needs to attractive market opportunities.

EY Partner and Life Sciences Sector Lead, Aidan Meagher commented: “Technological breakthroughs are revolutionising the way healthcare is being delivered and, as the health marketplace rapidly changes and evolves to meet new demands, we are excited to partner with BioInnovate to support the next wave of entrepreneurs on the cutting edge of medical device innovation.”

As partners, EY will offer their professional expertise to the early stage enterprises by delivering workshops on fundraising, taxation, valuation and business modelling.  EY will also provide access to their extensive entrepreneurial network through the EY Entrepreneur Of The Year programme to enable the BioInnovate fellows to share their experiences and discuss solutions to the challenges facing entrepreneurial businesses in the medical technology sector.

BioInnovate Ireland Programme Director, Dr Mark Bruzzi said:  “BioInnovate offers a unique opportunity for innovators to work together in teams to identify and develop new innovations to make an impact on healthcare and the medical device industry. By partnering with EY, BioInnovate aims to build on the supports to enable early stage enterprise in the medical technology sector.”

BioInnovate Ireland is currently recruiting applicants to the 2016 medical device innovation collaboration with the Mayo Clinic, USA - a global leading healthcare centre. Applicants who are interested in developing new medical technologies to enhance healthcare and that represent a strong market opportunity are encouraged to contact BioInnovate at info@bioinnovate.ie. Applications are sought from candidates with experience in medicine, engineering, technology and business that are interested in the medical technology sector.  Medical and surgical registrars or specialist registrars with an interest in innovation and improving patient care through technological advancements are also encouraged to apply for the Fellowship. Candidates are assessed for their leadership potential, interest in technology innovation, demonstrated potential for creativity and invention, and ability to work in a team. For more information see www.bioinnovate.ie.

The BioInnovate programme is led by NUI Galway and collaborates with University College Cork, and other hospitals and Universities across the country.   In addition to EY, programme support comes from Enterprise Ireland, Irish Medical Devices Association (IMDA), Boston Scientific, Medtronic, Creganna Tactx Medical, Steripack, Aerogen and Zeus.

-ENDS-

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