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Quebec Consortium for Industrial Research and Innovation in Medical Technology - MEDTEQ+

$19.5 million for 2018-24
About   |   News
Quebec Consortium for Industrial Research and Innovation in Medical Technology

Montréal, Quebec

President and CEO
Diane CôtéDiane Côté

Board chair
Jacques MiletteJacques Milette
Executive Director, Sales and Business Development, Eastern Canada, Siemens Healthineers

Collaboration for an innovative healthcare

The opportunity

More than ever, the patient is playing a central role in health care. Better informed, engaged in prevention and wellness, with needs that are more and more precise, they are now at the heart of open innovation, collaborative research and converging sciences. As one of the leading high-tech industries in the world, healthcare is in need of novel solutions and a personalized consumer approach. In order to respond to this constant demand, the transfer of knowledge and expertise between multisector professionals needs to be catalyzed more than ever.

How MEDTEQ+ is seizing the opportunity

MEDTEQ+, Canada's pan-Canadian consortium for industrial research and innovation in medical technology and healthcare, has always supported the collaborative development of innovations that make the best use of new enabling technologies, which will ultimately improve the health and quality of life of patients. As a true powerhouse of artificial intelligence in the technology and healthcare fields, and with a keen understanding of the challenges that companies face in bringing their products to market, MEDTEQ+ can offer a privileged path for companies, facilitating the growth of their business within the industry.

Among the results

  • MEDTEQ Invest, MEDTEQ+’s investment fund, leverages its strong consortium of hospitals, service providers and multinationals to ensure that growing companies have not only capital, but also the clinical or market expertise needed to drive adoption. The fund works hand in hand with co-investors in the health technology space to provide fuel for pre-seed, seed, or series A companies with investments up to $1 million. In 2020, PwC Money Tree and White Star Capital recognized MEDTEQ Invest as one of the top 5 Canadian public investment institutions.
  • MEDTEQ+’s Beachhead™ initiative is designed to establish, within clinical centres of excellence, a network of specialized hubs dedicated to the acceleration and adoption of new technologies and services in healthcare settings. With more than a dozen world class centres, the Beachhead™ network can now support companies by helping them to connect with new partners, to work in synergy with clinical experts and to develop the value-based evidence of their innovations.
  • MEDTEQ+ is working with a growing network of partners across the country who share the vision of Canadian leadership in health, and who are engaged in driving the deployment of innovative solutions in care settings in both domestic and international markets.

Connect with MEDTEQ+