Disruptive Innovation For Better Healthcare
The annual two-day tech and business conference, ECHELON Asia Summit 2017 was hosted in Singapore Expo by e27, Asia’s largest Tech media platform, from the 28th – 29th June 2017. The event engaged over 6,000 industry leaders and professionals, ranging from entrepreneurs in the tech scene, as well as investors and corporates. The experience facilitated networking with world-class influencers as well as cross-border business opportunities.
Carolyn Ng, Vice President of Vertex Ventures HC
Our CEO and Founder, Nawal Roy, was invited to share his thoughts on disruptive innovation in the healthcare space along with representatives of Homage, Galen Growth Asia, and Vertex Venture HC.
During the session, Nawal pointed out that in such an increasingly crowded health tech space, it is important to recognise that companies should not be “solving a clinical problem [but rather], a macroeconomic problem.” He believes that given the scale of the macroeconomic problem, it will still be present, no matter how many companies there are trying to target diabetes.
In terms of differentiating itself from its competitors and capture the market, Holmusk is positioned as a comprehensive solution that targets diabetes at the starting stages and progress to “the major 5-6 diseases which [make up] the basic 60-70% health care cost of any macroeconomic view”. He also shared that he would love having more of such companies to intensify the competition but also helps to “filter out every posture in the market”.
About Echelon Asia Summit
Hosted by e27, Echelon is a platform that allows professionals within the ecosystems to spread influence and idea over a series of events. The annual Echelon Asia Summit held in Singapore brings together the different stakeholders to collaborate and seek out potential business opportunities as well as expand their network. This year, Echelon partnered with General Assembly as well, to provide startup boot camps for a more enriching two-day experience.
More articles on ECHELON Asia Summit 2017:
Speaker: Nawal Roy
CEO and Founder at Holmusk
28 – 29 June 2017
From 09:00 to 18:00 (SGT)
Singapore EXPO Hall 2B
1 Expo Dr, Singapore 486150