Asia Health Innovation Summit 2023: Key Takeaways from Brinc’s Full-House Conference

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The Asia Health Innovation Summit 2023, hosted by Brinc as part of the StartmeupHK Festival curated by InvestHK, successfully brought together a full-capacity crowd of more than 200 in-person attendees at The Park Lane Hong Kong – A Pullman Hotel. Government officials, industry leaders, entrepreneurs, investors, and healthcare professionals were in attendance, along with an enthusiastic online audience of over 1,000. 

The third-annual summit solidified its reputation as a premier gathering in the health innovation space in Asia. Featuring a full day of on-stage panel sessions, networking opportunities, and key partner announcements, these discussions were centered around crucial subjects such as commercialization strategies, the transformative potential of artificial intelligence (AI) and blockchain in healthcare. Here we recap some of the key takeaways from the event:

Hon. Duncan Chiu (Technology & Innovation Constituency, HKSAR Legco) making opening remarks at the Asia Health Innovation Summit 2023

Making Hong Kong a Tech and Innovation Hub

Experts shed light on how generative AI can significantly reduce timeframes and improve safety measures and advocacy efforts, highlighting just one of many areas with immense potential for innovation and advancements in the healthcare sector in Asia. The summit kicked off with opening remarks from Hon. Duncan Chiu, Hong Kong’s Legislative Council Member for the Technology and Innovation Constituency, and Andy Wong, Head of Innovation and Technology at Invest Hong Kong. They highlighted Hong Kong’s commitment to bolstering its position in the healthcare industry and emphasized that it is an opportune time to establish a tech company in the city. The government’s determination to support startups and accelerate innovation through new policies and initiatives was a key focus of their remarks.

From left to right: Carmen Li (IQVIA Hong Kong), Dr. Gina Jiang (Hong Kong Institute of Bio Technology Ltd.), Andy Liu (Cellomics Holdings), Hon. Duncan Chiu (Technology & Innovation Constituency, HKSAR Legco) Dr. Jane Lee (Our Hong Kong Foundation), Andy Wong (InvestHK)

Hong Kong’s Potential to Play Pivotal Role in Health Innovation in Asia

Demonstrating Brinc’s commitment to nurturing the ecosystem for health innovation, representatives from the Hong Kong Institute of Biotechnology Limited, Our Hong Kong Foundation, IQVIA, and Cellomics International Limited were tapped to be panelists, and they emphasized the numerous opportunities available in Hong Kong’s ecosystem, from its solid R&D foundation to its world-class hospitals. They expressed their belief in the city’s potential, citing regulatory frameworks, government support, big data, and the unique role Hong Kong can play in the Greater Bay Area.

Collaboration Crucial for Fostering Growth

Industry leaders from Moderna, Ogilvy Health Asia, and Hong Kong Science and Technology Parks Corporation stressed the accelerated pace of innovation due to the COVID-19 pandemic. One recurring focal point across several panels was the significance of collaboration between startups, clients, changemakers, academics, and policymakers to foster success and growth in the healthcare sector. Embracing new technologies was stressed as a key driver for advancements before experts broke down the best methods of navigating the intricate nature of healthcare regulation.

From left to right: Dr. Donna Brown (Hong Kong Science and Technology Parks Corporation), Joyce Lee (Moderna) and Pierre Robinet (Ogilvy Health Asia)

Alternative Avenues for Investment 

In the face of current market conditions, many panelists stressed that there are still extensive investment opportunities that can be pursued through exploring alternative avenues like accelerator programs and government grants. By embracing creativity and actively seeking out these resources, companies can uncover promising opportunities even in challenging times. The speakers also provided expert guidance on investment trends tailored specifically to the needs of healthcare startups through an incredibly engaging and insightful hour-long Ask-Me-Anything session that featured Joseph Ho, Health Program Director at Brinc, as a panelist. 

Numerous topics were covered during the full-day summit – from regulatory landscapes, the challenges startups face, how to attract and retain talent, plus many other essential subjects that demonstrate an alignment of values between peers in the industry. A sincere thank you to StartmeupHK, InvestHK and our distinguished speakers, whose insights, expertise and determination to innovate will continue to evolve industry practices, enhance healthcare delivery and improve the role that Asia plays on a globalscale. 

For those unable to attend on the day, you’re invited to watch the recorded sessions on YouTube here.

Thank you to all of our panel participants:

A View from Hong Kong – Ecosystem Opportunities

Andy Liu, Cellomics Holdings

Carmen Li, IQVIA

Dr. Gina Jiang, Hong Kong Institute of BioTechnology 

Dr. Jane Lee, Our Hong Kong Foundation

 

Gaining Speed & Agility to Deliver Successful Health Innovation

Dr. Donna Brown, Hong Kong Science and Technology Parks Corporation

Joyce Lee, Moderna

Pierre Robinet, Ogilvy Health Asia

 

How AI is shaping Healthcare: Applications, Issues, and Regulatory Approaches

Dr. Aldrin Yim, Codex Genetics

Akina Ho, AllStarsWomen DAO

Dr. Frank Pun, Insilico Medicine

Pierre Robinet, Ogilvy Health Asia

 

The Road to Commercialization – Building an Effective Commercialization Strategy

Jessica Fong, Prenetics

Mitul Lakhani, AIA GROUP

Philip Sin, Belief BioMed

Dr. Q. Y. Ma, Time Medical

 

Investment Trends – Attracting Investors During a Bear Market

Dr. Amit Kakar, Novo Holdings Asia

Andrew Pang, Ally Bridge Group

Furuzonfar Zehni, Fresco Capital

Yolanda Yang, ABC International

 

The Regulation on Health Technology – What’s Next?

Dario Heymann, Galen Growth

David Swain, Essex Bio-Technology

Emma Holcroft, IMUNIS

Dr. Swee Kheng Khor, Angsana Health

 

Startup Help – Ask the Experts Anything

Adrian Lam, Bioworld Ventures

Carolyn Wright, RTHK

Emmanuel Hui, Tiger Jade Pebble Accelerator

Joseph Ho, Brinc

 

Impact of Blockchain Technology in Healthcare

Dr. Marten Brelen, The Chinese University of Hong Kong

Sarah Mok, Brinc

Varun Panjwani, MetaCare

William Yeung, MediConCen

 

Reimagining the Healthcare Workplace to Attract and Retain Talent

Angela Feng, Ness Wellness

Dee Cheung, Alea

Ivan Li, Prenetics

Kara Cheung, Amgen

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