Press release -
Discovery announces top entrepreneurs in its MedTech Silicon Valley Programme
Discovery announces top entrepreneurs in its MedTech Silicon Valley Programme
17 South African medical technology entrepreneurs to visit the US for a learning experience
In September 2016, Discovery announced its first Discovery Entrepreneurs MedTech Silicon Valley Programme during a session held to discuss the use of technology as a driver for reducing medical inflation. The MedTech programme, one of Discovery’s Enterprise and Supplier Development initiatives, invited entrepreneurs to submit ideas that demonstrate innovation in terms of product or service, delivery model or social innovation (broad base market reach) for advancement of the health and wellness sectors.
“Technology is rapidly influencing and changing the healthcare industry. The use of video consultations, health apps, and smartphone-enabled diagnostic tools are gaining traction across the world. This is an industry that has the ability to disrupt the game, and with this programme, Discovery will provide promising entrepreneurs in this field with the opportunity to network and learn in a global market. Selected participants also received business mentorship, and they will have access to business development and procurement support, and supply chain and investment opportunities following their inspirational tour to the United States, says Dr Ryan Noach, Discovery Health’s Deputy Chief Executive Officer.
Discovery announced the selected programme participants after a rigorous selection and interview process. Discovery, in partnership with En-novate, will take these participants on a week-long educational business trip to Silicon Valley to explore technology-driven innovations and how these are transforming healthcare in the United States, as well as alternative approaches to venture capital. The following entrepreneurs will visit Silicon Valley from 26 November to 5 December 2016 as part of the Discovery MedTech programme:
| Coincido | Ms Lebo Shange | Medical diagnostics company |
| Geo-Q Technologies | Mr Zukhanye Mayekiso | Mobile interactive mapping |
| hearX Group | Mr Nic Klopper | Mobile hearing detection devices |
| iMed Tech | Ms Nneile Nkolise | 3D modelling |
| iVacBio | Ms Sibongile Gumbi | Local vaccine manufacturing |
| Iyeza Health | Mr Siraaj Adams | Health logistics company |
| LifeAssay Diagnostics | Mr Robin De Cauwer | Affordable diagnostic tests |
| Look See Do | Mr Dean Hodgkiss | Remote equipment monitoring |
| Mediswitch | Mr Andrew Brown | Electronic claim switching |
| M-Squared Medicals | Ms Masego Mohajane | Medical engineering company |
| Niche Integrated | Ms Nisha Maharaj | Tech-driven management |
| Patient Focus | Mr Jacques du Toit | Validated point of care solutions |
| RecoMed | Mr Sheraan Amod | Online healthcare booking |
| Sancreed (Pty) Ltd | Mr Graham Rowe | Tech-enabled disease coaching |
| Thinta Diagnostics | Mr Dayne Morkel | Medical devices company |
| UDo Test | Ms Allison Martin | Home-testing kits |
| UX Foundry | Mr Patrick Carmody | Pharma-centric instant message |
Read more about the Discovery Entrepreneurs MedTech Silicon Valley Programme at https://www.discovery.co.za/portal/individual/discovery-entrepreneurs-medtech
To get updates on our Silicon Valley MedTech Entrepreneurs trip follow @Discovery_SA on Twitter, like the Discovery South Africa Facebook page or follow @Discovery_SA on Instagram
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About Discovery Limited
Discovery Limited is a South African-founded financial services organisation that operates in the healthcare, life assurance, short-term insurance, savings and investment products and wellness markets. Founded in 1992, Discovery was guided by a clear core purpose – to make people healthier and to enhance and protect their lives. Underpinning this core purpose is the belief that through innovation, Discovery can be a powerful market disruptor.
The company, with headquarters in Johannesburg, South Africa, has expanded its operations globally and currently serves over 5 million clients across South Africa, the United Kingdom, the United States, China, Singapore and Australia. Discovery recently partnered with Generali, a leading insurer in Europe, and has partnered with John Hancock in the US. These new partnerships will bring Discovery’s shared-value business model to protection industries in Europe and the US.
Vitality, Discovery’s wellness programme, is the world’s largest scientific, incentive-based wellness solution for individuals and corporates. The global Vitality membership base now exceeds three million lives in five markets.
Discovery is an authorised financial services provider and trades under the code “DSY” on the Johannesburg Securities Exchange.
Follow us on Twitter @Discovery_SA
