Updated on 12 May 2016
Mr Fredrik Nyberg, Chief Executive Officer, Asia Pacific Medical Technology Association (APACMed)
Singapore: Global medical technology companies came together in April 2015 to form Asia Pacific Medical Technology Association (APACMed), a group of industry members focused on collaborating with governments, policymakers, and other stakeholders in Asia Pacific region to create innovative solutions and jointly shape the future of healthcare. The association is formed to engage in key areas such as regulatory environment, ethical business standards and compliance, and to help the industry promote innovation and talent development in the region. It also aims at enabling sustainable development of products and services to address the unmet healthcare needs of the region.
At the time of inception, member companies included Abbott, Baxter, B. Braun, Becton Dickinson and Company, Boston Scientific, Cardinal Health, GE Healthcare, Johnson & Johnson, Medtronic, Philips, Siemens, Stryker and Zimmer.
Mr Fredrik Nyberg, Chief Executive Officer (CEO) of the association, in an interview with BioSpectrum Asia during its inaugural Asia Pacific MedTech Forum held in Singapore, shared his views on the role of the association in shaping the medtech industry of APAC and the crucial engagement of small and medium enterprises in building the future of healthcare.
APACMed was formed as a medtech industry body representing the multinational companies in Asia. Now that the association is more functional in the region, what opportunities it promises for companies of Asia that are not the big names in the industry?
When we started APACMed nine months back, we were built by a team of multinational companies but now as we are gaining ground in the region, we are very much open to the idea of engaging with regional companies, start-ups, innovators and local entrepreneurs. APACMed is one association that would be open to all medtech companies, big or small, to share ideas and exchange views on challenges and opportunities in the region.