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1 MedTech Manufacturing Consortium to Help Local Industry ...

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Annex 2MEDTECH MANUFACTURING CONSORTIUMBackgroundTo support the development of the medtech industry in Singapore, SIMTech is forminga technology-driven <strong>MedTech</strong> <strong>Manufacturing</strong> <strong>Consortium</strong>. The main mission of theconsortium is <strong>to</strong> address the medical technology needs and challenges faced by theSingapore manufacturing industry. It aims <strong>to</strong> assist the diversification of the capabilitiesof the local manufacturing industry <strong>to</strong> medtech manufacturing and <strong>to</strong> establish medicaltechnology R&D platforms for technology transfer and knowledge sharing amongststakeholders in the medtech industry.Key Objectives of the <strong>Consortium</strong>The consortium aims at providing and facilitating medtech technology support <strong>to</strong> theSingapore SMEs <strong>to</strong> enable them <strong>to</strong> fully exploit the results of potential R&Dcollaboration with the research institutes, value chain partners and MNCs.The objectives of the consortium are:• To address the medical technology needs and challenges faced by the Singaporemanufacturing industry• To help diversify the capabilities of the local manufacturing industry <strong>to</strong> medtechmanufacturing• To establish medical technology R&D platforms for technology transfer andknowledge sharing amongst stakeholders in the medtech industry• To facilitate greater interaction and leveraging of expertise from industry, researchinstitutes and funding organisationsMember Benefits• <strong>MedTech</strong> Graduate Diploma• <strong>MedTech</strong> Consultancy Services• OEM/Suppliers Partnership Project• Member Networking Session• <strong>MedTech</strong> Business Matchmaking Session• Overseas Technology Study Missions• <strong>MedTech</strong> Conference/Workshop• Technology and Competitive Intelligence Report10

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