Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Medical Tech Outlook
THANK YOU FOR SUBSCRIBING
By
MedTech Outlook | Tuesday, March 22, 2022
The integration of pharmaceutical research with medical technology and digital health will be sought by the successful public-private R&D partnership
FREMONT, CA: The Innovative Health Initiative (IHI), the EU's new public-private collaboration that will succeed the long-running Innovative Medicines Initiative (IMI), plans to launch its first request for research proposals in the first half of 2022. Unlike the IMI, which brought together the European Commission and the European Pharmaceutical Industry Federation EFPIA, the IHI is a new departure that includes organizations representing medical technology, digital health, and other life sciences enterprises. The collaboration stated that IMI began with a significant focus on the pharmaceutical sector. Science, however, was driving new pathways of study and development, often crossing diverse sectors within the life science community, according to the report.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Future advances in medical science will incorporate cross-sectoral discoveries, such as medical device/drug combinations or diagnostics based on artificial intelligence. The IMI has started a rising number of projects in domains like digital health, big data, and imaging in recent years. Big Data for Better Outcomes, AMYPAD (amyloid imaging for Alzheimer's disease prevention), DRAGON (AI imaging-based diagnosis and stratification for coronavirus pandemics), and TRISTAN (validating translational imaging methods in drug safety assessment) are among them. According to the IHI, they want to encourage truly cross-sectoral projects, under IHI, integrating the biopharmaceutical, biotechnology, and medical technology sectors, including enterprises engaged in the digital space.
It claimed it would be well positioned to influence health research and care, both of which are becoming increasingly interdisciplinary. They are certain that this approach will improve Europe's life sciences sector's competitiveness and contribute to EU health and innovation initiatives. Pierre Meulien, who formerly served as executive director of the IMI and now serves in the same capacity for the IHI, described the beginning of a new public-private collaboration as a major undertaking on which they will work hard in the coming months.
More in News
I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info
