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Finland is the hottest spot in Europe for health and wellness innovations. Over 30 leading Finnish health and wellness companies present their expertise at Health 2.0 Conference in Santa Clara, USA.
Finland has internationally high standards of medical research and world-class companies in the health and wellness sectors. This dynamic, innovative environment and a high level of per capita investment in research and development have resulted in achievements such as Finland’s extensive exports in health technology. Over the last five years, manufacturing and exports in Finland’s health technology sector have seen an average growth of over 8 per cent annually, despite the recession. In 2012, Finnish health technology exports rocketed by 23 per cent.
Finland has done well over recent years in international assessments of the quality of life and happiness. The secret to this success is influenced by many factors, such as a well-running society and a high level of education. For example, Finland has managed to build extremely well-functioning health services that are more cost-effective than the OECD average.
Furthermore, Finland has the advantage of having unique information resources, and the best biobanks in Europe: according to a recent European Health Telematics Association’s peer review, Finland is sitting on a metaphorical gold mine. The quantity, timeliness and quality of health data entered and collected from routine healthcare is impressive.
Two of the key players in the Finnish innovation system – Tekes, the Finnish Funding Agency for Technology and Innovation, and the Finnish Innovation Fund Sitra – have organised an introduction to top Finnish companies at the Health 2.0 event.
Some titbits from the leading Finnish expertise, presented at a breakout demo session on October 1 at 10:30, Grand Ballroom C:
Flexible blood glucose testing system brings success
Diabetes technology company Mendor has developed a portable all-in-one blood glucose meter and a web-based service for diabetes management, as well as 13 million euros of capital. The company intends to use the investments to fuel its rapid growth and aims to expand to the Asian and US markets.
Technology publication Red Herring listed Mendor among the top 100 most innovative European companies in 2011. In 2012, the Silicon Valley-based TiE50 organisation, which follows start-up companies worldwide, awarded Mendor a technology prize for its innovations.
The world’s first health and sports performance optimiser
Omegawave is the world’s first health and sports performance optimiser. Their scientifically-proven and patented technology provides individuals with guidance for effective and safe training, based on their actual daily physiological state. They offer smartphone and sensor-based solutions connected through cloud services to teams, fitness clubs and individuals.
Omegawave’s user base includes hundreds of premier sports organisations such as Olympic federations, elite soccer teams, NHL and NFL teams and a rapidly increasing number of individuals.
The future of healthcare is personalised and preventive
Health Puzzle YOU is a mobile service that helps people stay in good health and prevent diseases.
YOU provides its users with a variety of healthy, engaging challenges that leverage automatically gathered health data. Challenges can be taken alone or with friends. Challenges can also be prescribed by your doctor. We can recommend and personalise challenges based on our user’s lifestyle data, genetic data and preferences.
Futher information
See all the companies and organisations from Finland attending the Health 2.0 conference: www.tekes.fi/global/HealthTeamFinland.pdf
Tekes – the Finnish Funding Agency for Technology and Innovation – finances the development of innovations that aim at growth and new business operations: www.tekes.fi/en
The Finnish Innovation Fund Sitra builds a successful Finland for tomorrow’s world: www.sitra.fi/en/self-care
Finnish Pharma & Life Science Expertise: www.pharmafinland.com
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