Business Standard

Wednesday, December 25, 2024 | 11:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Amgen invests in Israeli digital health incubator eHealth Ventures

Through this, Amgen aims to serve patients by driving innovation and sustainable healthcare through technology discovery

Global healthcare IT sector raised $1.6 bn in Q2 2016: Mercom

BS B2B Bureau Zug, Switzerland
Amgen Europe GmbH, an affiliate of Amgen Inc, has invested in an Israel-based digital health incubator, eHealth Ventures, to serve patients by driving innovation and sustainable healthcare through technology discovery. 

“This addition will provide a new strategic element to our screening process and build significant value to our portfolio companies. Having Amgen on board will deliver invaluable assets and know-how in many of the digital health innovation aspects, including market input, commercialisation of R&D, business modeling, go-to-market strategies and more," said Talor Sax, chief executive officer, eHealth Ventures Incubator.

Launched in March of 2016, eHealth Ventures, which aims to invest in 40 new companies over an eight year period, is a consortium of organisations and investors active in the field of digital health. In addition of Amgen, the consortium comprises Cleveland Clinic (a leading US hospital), Maccabi Healthcare Services (Israel's most advanced health provider) and Medison Pharma (Israel's largest independent specialty pharmaceutical company and Amgen's distributor in Israel).  
 
“Engaging in multi-stakeholder partnerships will drive innovation and enable us to deliver additional value to patients and the healthcare community, beyond our life-saving medicines. This collaboration with eHealth Ventures is a natural fit for Amgen and will help us expand our digital health pipeline and support the growth of valuable health technology to improve the lives of patients across the world,” said Corinne Le Goff, senior vice president, Amgen Europe.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 25 2016 | 5:13 PM IST

Explore News