Laptop and stethoscope

Health regulatory training gives competitive advantage for health tech startups

Thu, 09/03/2020 - 10:13

Business Tampere, the regional economic development agency, encourages the local innovators to establish more businesses in the Region, surrounding them with world-class knowhow and support for reaching the global healthcare market. The comprehensive training program on global regulatory essentials in health tech is aimed for the local startups and innovators.

“Tampere is a region with remarkable biomedical research. The Tampere University holds an array of disciplines from medicine to health tech sciences and our region is targeting to increase local pharma and health tech industry to match the academic dimension.”, describes Harri Ojala, Director of Investments and International Operations at Business Tampere.

Business Tampere and the University of Tampere are encouraging the local startups operating in the health tech industry to proportionate their resources up to the industry requirements via support and training.

Juho Väisänen, Program Manager, Innovation Services of Tampere University and Development Manager of SPARK Finland adds:

“Regulatory compliance is an essential part of the journey and a typical struggle, especially for the newcomers. We know from experience that this struggle causes months and years of delays in reaching the market. Thus, it is crucial to give local innovators, and startups access to tools and knowledge that create an early advantage on their demanding regulatory journey.”

Business Tampere, Tampere University and SPARK Finland collaborate with Lean Entries Ltd. to provide an educational program on global regulatory essentials in health tech for the local startups and innovators. The success of the local startups is one of the driving forces in  the Tampere region. Tommi Uitti, Startup Ecosystem Community Manager at Business Tampere, explains:

“With Lean Entries and their unique service concept, a combination of webinars and Entries, the digital fast-track tool into the medical device regulations, we give the local innovators a chance to excel in regulatory compliance early on and turn it into their competitive advantage.”

The training series is held in English. It includes  series of online sessions focusing on regulatory topics that are common to all health tech innovators globally. Depending on the needs of the participants, the remaining of the series will be tailored to take into account topics most relevant for the local industry.

Concurrently, the digital regulatory tool Entries, that starts off from a minute pathway into medical device qualification and classification, is freely available to all local startups, university innovators and students until the end of 2021. The number of trainees and Entries subscribers in the Tampere region averages over 100 individuals. The overall satisfaction rate of the ongoing training program has reached 8.8 on the scale from 1 to 10, training content reaching an average of 9.3.

“I have previously joined entrepreneur and fundraising events organised by Business Tampere and have found them very useful. As a founder and scientist, all information concerning a start-up, besides the core-tech that we mainly know thoroughly, like this regulatory essentials training series, has been very useful and valuable. Thank you!”, commented a biomedical scientist from the Tampere University attending the program.

Heikki Pitkänen, the CEO and founder of Lean Entries describes

“This is why we want to collaborate with such innovative regions as Tampere. Regulations, just like funding rounds, take time and experience to master, and we can cut that time remarkably for the entrepreneurs by providing the regulatory knowledge in a format that can be digested in a snapshot.”

If you are interested in participating the “Regulatory essentials in health tech, part II” training, sign up at the event page: https://businesstampere.com/fi/?event=training-program-for-startups-regulatory-essntials-in-health-tech-part-ii