India and Sweden Signed an MoI to setup a Healthcare Innovation Center
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India and Sweden Signed an MoI to setup a Healthcare Innovation Center

By IndraStra Global News Team

Image by Darko Stojanovic from Pixabay

Image by Darko Stojanovic from Pixabay

On December 3, 2019, India and Sweden signed Memorandum of Intent (MoI) to set up a healthcare innovation center to promote research, broadly in non-communicable diseases (NCDs).

AIIMS Delhi Finance Director Randeep Guleria, AIIMS Jodhpur Director Sanjeev Misra and Swedish Trade Commissioner in New Delhi Anders Wickberg signed the MoI, Swedish Embassy officials said. Union Minister of Health Dr. Harsh Vardhan, Minister of State for Health Ashwini Kumar Choubey, Union Health Secretary Preeti Sudan and Swedish State Secretary to the Minister for Health and Social Affairs Maja Fjaestad were present during the signing of the MoI.

The India-Sweden Healthcare Innovation Centre in collaboration between the Swedish Trade Commissioner’s Office, AIIMS Delhi, and AIIMS Jodhpur aims to develop an ecosystem of open innovation that start-ups and the healthcare delivery stakeholders can use to collaborate and address current and future challenges in the healthcare sector.

It will operate on well-defined challenges and services for stakeholders to build capabilities and methodologies and, help socialize and scale up innovative solutions across the country’s healthcare delivery network. A holistic view of innovation shall be taken which shall include technology, data, protocols and processes, skill development and business models. 

The key components of this Center to drive innovation are innovation challenges, incubation, mentorship, live Center of excellence, skilling, global reach, conferences, digital showroom, white papers and support to access capital sources. This initiative will be in alignment with the Government of India’s Skill India and Start-up India, as well as the priorities agreed between India and Sweden for bilateral cooperation. 

Innovation Center’s objectives and strategic direction will be owned and driven by a pre-defined governance structure manned by representatives from all three collaborators. The Center will run for an initial period of three years. Its impact will be assessed periodically to enable potential expansion at the end of the initial period of 3 years.

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