Advances in medical technology have always been mankind’s best bet for the future, not only for its potential for rapid economic growth but, more importantly, to save lives and allow us to thrive. However, despite growing demand and potential, the medtech ecosystem in Malaysia’s “economics of medtech innovation” is somewhat lacklustre. For innovators in medtech, however, scale is more than a business decision — it is a moral decision. As medtech is inherently a matter of impact and benefit, commercialisation and scale are imperatives that interlock. Medical technology has never been more urgent, and it has never been more exciting, offering huge potential for Malaysia to be an innovative nation.

Source: The Edge Markets November 18, 2021 03:32 UTC