MEDTEQ+ member for over 7 years
About Us
Achievements
Concrete Impacts on Canada’s Health Technology,
Innovation and Commercialization Sector
MEDTEQ+ is a catalyst for innovation and commercialization in the healthcare technology sector, implementing projects that are transforming the healthcare landscape. Through a collaborative approach and strategic partnerships, we empower our industry to develop and deploy innovations that improve patient care, strengthen the healthcare ecosystem and contribute to the Canadian economy.
For over 12 years, MEDTEQ+ has coordinated more than 40 calls for projects and supported over 200 innovative projects with the support of the provincial and federal governments, totalling over $145 million in grants through various programs, enabling the implementation of more than 450 innovations. These projects have involved over 200 industrial and institutional partners, enabling our industrial members to accelerate their technological developments.
In addition, MEDTEQ+ continues to encourage the development of local expertise and knowledge transfer. Through its various programs, some 775 students, from masters to post-doctorate levels, have actively contributed to collaborative projects, in addition to generating over 500 publications. Considering projects still underway, MEDTEQ+ will ultimately contribute to the creation and maintenance of over 1,800 jobs in this sector.
Total 265
Breakdown of consortium members, March 31, 2024
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SMEs: 191
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Academic and clinical networks: 33
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Large companies: 16
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Partners/associates: 16
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Beachheads: 9
5 Distinctive Advantages and
Qualities of MEDTEQ+
1
An experienced multidisciplinary team to support members in their innovation and commercialization challenges.
2
An ability to understand and build strategic relationships, and to work collaboratively with political bodies to meet members’ needs.
3
A vast network and a solid foothold in the ecosystem, enabling us to identify and generate high-impact links in Canada and internationally.
4
Tools to reduce the “valley of death” in the medical technology sector.
5
Strong credibility in the ecosystem, thanks to its history, expertise, the quality of its members, the impact of its projects and the innovative programs it has put in place.
Key Innovations and
Structuring Projects
Development of Technological Solutions
MEDTEQ+ has supported the development of several innovative healthcare technologies, including connected medical devices, telemedicine applications and advanced diagnostic tools. These innovations are making our Canadian industry more competitive while enabling greater access to care and better management of chronic diseases. By supporting companies, MEDTEQ+ accelerates and de-risks the development of technological innovations that meet real and global clinical needs and generate economic spin-offs.
Accelerating Innovation Through Research Projects
Thanks to dedicated funding and resources, MEDTEQ+ has accelerated research projects that address critical healthcare needs. Our collaboration with universities and research centres has led to tangible results, including innovative products and services, changes in practices, scientific publications and promising clinical trials.
Propulsion Towards Commercialization
By facilitating the generation of evidence that will demonstrate the value and relevance of these innovations in a real-life context, MEDTEQ+ helps propel companies’ technologies towards commercialization, facilitating their access to markets.
Training for the Next Generation and Sharing Best Practices
MEDTEQ+ regularly organizes opportunities for collaboration, knowledge sharing and events to propel industry excellence and raise the profile of the life sciences ecosystem. By strengthening the skills of industry players, we contribute to accelerating the commercialization of innovations.
Impact on the Healthcare Sector
Improved Quality
of Care
Our achievements have helped to improve the quality of care, by making treatments more precise and personalized, equipping healthcare professionals to facilitate their work, and offering patients the opportunity to access technologies and be involved in their care pathway. The technologies supported by MEDTEQ+ promote better patient care, improve network efficiency and reduce waiting times.
Strengthening the
Local Economy
By supporting young and growing companies, MEDTEQ+ plays a crucial role in local and national economic dynamism. Our initiatives create highly skilled jobs and stimulate homegrown innovation, contributing to a robust healthcare ecosystem.
Social and Inclusive Impact
MEDTEQ+ is committed to making healthcare technologies accessible to all. Our projects include solutions tailored to diverse populations, ensuring that innovation benefit society.