British success story Medopad sets sights on US health tech market
- 12 July 2018
British healthtech start-up Medopad has announced that it is expanding across the Atlantic following a whirlwind success story in the UK.
The company is to set up shop at Johnson & Johnsonās new New York offices after experiencing a 400% year-on-year growth in project value, which has included deals with The Royal Free, Guys and St Thomasā, GSK, Johnson & Johnson and Boston Scientific.
As part of the move, Medopad said it planned to hire ātop healthtech talentā as it sets its sights on conquering the US.
The firm said New York presented āan ideal launch padā into the US market, citing it as “an established nucleus for the life sciences industry”.
Dan Vahdat, CEO of Medopad, said: āWe are thrilled to open a base in the USA as part of Johnson & Johnsonās incubator platform JLABS. This is a fantastic opportunity for Medopad as our values and vision are aligned with J&Jās leadership to help create a world where people can live longer.ā
Medopad was recently invited to join Pfizer UKās London accelerator programme after being recognised for its works in patient monitoring and data analytics technologies.
In January this year, the company signed a Memorandum of Understanding (MoU) with Johns Hopkins University to explore new healthcare solutions using machine learning and patient monitoring solutions.
āWe have been working in partnership with US pharmaceuticals, healthcare providers and academic institutions such as Johns Hopkins where Medopad is used to connect clinicians to patients remotely and collect real world evidence,ā said Vahdat.
āWe look forward to strengthening these bonds and driving more innovative change for better health outcomes for people. The remote patient monitoring market is more than eight times bigger in the US vs UK.ā
4 Comments
I see a lot of buzzwords about this whirlwind success but 0 explanation of what that success is and what Medopad do? Could anyone explain? Their website doesn’t offer much either!
What do GSTT use it for?
Patient monitoring for dvt I believe
Well you’ve done much more important work than that this week. Joining large information systems in two hospitals and linking them to a large shared care record. Perhaps DigitalHealth will come to interview you.
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