Singapore – Bayer and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), announced that three winning teams from the inaugural Grants4Apps Singapore Open Innovation Challenge have successfully demonstrated their prototypes’ viability to overcome medication adherence barriers in elderly people with chronic diseases. As part of their Grants4Apps awards, two Singaporean teams and the third winning team from Thailand received support for an incubation period during which Bayer and NUS Enterprise provided them with a S$10,000 grant and access to mentorships, incubator space, and global and regional networks to help them advance their project ideas.
The three teams have all successfully completed the initial incubation phase and two Singaporean teams will be presenting their prototypes and trial results at the Modern Aging Finale in Singapore on 24th November.
The three winning technologies are:
“Bayer’s Grants4Apps program promotes and supports digital and technological innovations in healthcare across the world. The first Singapore regional chapter of the program impressed us with the quality and originality of ideas that were submitted,” says Mr Claus Zieler, Senior Vice President & Head of Commercial Operations, Bayer Pharmaceuticals Division Asia / Pacific. “In the past few months the three winners have demonstrated that their concepts have the potential to revolutionize healthcare delivery and improve treatment results to the benefit of patients, doctors and caregivers. We are delighted to have the opportunity to support the winners in advancing their innovative ideas.”
Grants4Apps Singapore is part of Bayer’s global Grants4Apps program that supports innovators for their health-tech ideas which contribute to improvements in health outcomes or pharmaceutical processes. The inaugural challenge was jointly launched by Bayer and NUS Enterprise at the Transforming Aging with Health Innovation Forum, officiated by Dr Amy Khor, Senior Minister of State for Ministry of Health, Singapore. The challenge closed with 80 applications from all over Asia Pacific including Singapore, Thailand, India, Australia, Taiwan, S. Korea, and the Philippines. The three winners were announced in May at the Innovfest Unbound 2017.