Updated on 17 December 2014
Assoc. Prof. Tan Sze Wee deputy executive director, Biomedical Research Council, A*STAR, Singapore
Singapore: With the presence of major international medtech companies in the country, Singapore's key concern is to grow and stabilize the local medtech developers and entrepreneurs. From 2000 to 2010, the manpower base in medtech sector is reported to grow from 4,000 to more than 8,000 and its manufacturing output has also risen from $1.5 billion to $3.6 billion.
With the objective to grow its medtech sector, Singapore has recently invested $60 million in starting up a diagnostic hub to support the local medical technology developments. Besides, the country also injected $30 million fund managed under the Sector Specific Accelerator (SSA) program that took off in 2011 to provide a lending hand to Singapore medtech developers. SPRING Singapore, the national wing that supports local start-up firms, has recently appointed two accelerators in the medical technology industry to boost the growth and are expected to play the role in shaping the medtech industry.
Associate Prof. Tan Sze Wee is the deputy executive director of Biomedical Research Council of A*STAR and is playing an important role in the development of Singapore's medtech industry. Biomedical Research Council (BMRC) supports, oversees and coordinates public sector biomedical research and development activities in Singapore and engages in human capital development in the biomedical sciences. A/Prof Tan is also the chairman of Singapore-Stanford Biodesign (SSB) program of Agency for Science, Technology and Research (A*STAR) that aims to train the next generation of medical technology innovators in Asia.
A/Prof Tan was formerly the managing director and chief executive officer of Rockeby biomed, a Singapore-based, healthcare company specializing in research, development and marketing of rapid testing technologies for infectious disease in humans and animals and lifestyle health products.
Wearing multiple hats, A/Prof Tan is currently a council member of the Singapore Medical Association (SMA) and the chairman of Singapore Medical Association Private Limited, the commercial entity of SMA. A/Prof Tan also serves on Ministry of Health's Singapore Medical Council Committees for both continuing medical education and maintenance of competency and was a former nominated member of parliament of Singapore.