INNO-VENTION 2013 Connects Ideas with Possibilities

Southeast Michigan will once again showcase its burgeoning, world-class healthcare industry during a two-day conference slated for November 6-8, 2013 at the Troy Marriott in Troy.

INNO-VENTION 2013, a Medical Main Street Conference will return this year with a focus on the interrelationship between medical devices and health IT – including the impact of mobile technology on the future of healthcare. The event provides not only an opportunity for education, but also collaboration across various segments of the medical industry.

Headlining this year’s conference will be keynote presenter, Rick Valencia, Vice President and General Manager of Qualcomm Life. As the founder and leader of Qualcomm, he directs the company’s product and technology strategy in the wireless health market. Mr. Valencia has more than 20 years of entrepreneurial innovation and executive leadership experience in rapid-growth, technology-enabled services organizations.

Topics for this year’s conference include:

·      Enabling Mobile Applications to Meet FDA
·      Requirements
·      Impact of the Affordable Care Act
·      Health Care Informatics
·      Cyber Security
·      Medical Practitioners’ Wish List: Mobile & Wireless Technologies in the Office and Hospital
·      Mobile & Wireless Technologies Now and in the Future
·      Medical Main Street’s Commercialization Competition

In addition, the event will feature a networking reception and luncheon, pre-arranged one-on-one meetings with hospital GPO’s (group purchasing organizations) and purchasing agents, and tours of centers of innovation.

The first INNO-VENTION conference took place last year at the Royal Park Hotel in Rochester. More than 400 people from 14 states attended the event, which focused on the complete life cycle of medical device development in Michigan. It also brought together medical device manufacturers and suppliers from the U.S. and around the world in contact with hospital and group purchasing organizations.

For Oakland County Executive L. Brooks Patterson, last year’s conference was a success. And, this year should be no exception. Organizers estimate an attendance of more than 600 people, and an even wider global audience.

The brainchild of Mr. Patterson, Oakland County’s Medical Main Street was identified as one of the top emerging sectors and formed in 2008 to bring together hospitals, universities, medical device and biopharma companies along with some of the country’s top medical professionals to create a global center of innovation in the life science industry.

According to county records, 36 companies have invested more than $855 million under Medical Main Street, retaining 1,521 jobs and adding 4,823 since its founding in 2008. That’s a record of which Mr. Patterson is very proud.

“Are we able to go head-to-head with the Mayo Clinic?” asked Mr. Patterson. “As far as talent is concerned, we’re already there.”

Mr. Patterson feels that along with being the hub for the medical industry, the region is also an incubator of talent. “We have more engineers here than in Silicon Valley.” The key is matching talent with available opportunities.

And, these opportunities abound thanks to a fast growing medical technology area. In fact, Oakland County is home to more than 4,300 medical technology type businesses. The industry has exceeded the U.S. average, with an increase of 27 percent in employment, 32 percent in number of companies and 165 percent in sales.

With all these facts and successes in mind, Mr. Patterson hopes that the region will become a “Center for Excellence in Healthcare.”

For more information about INNO-VENTION 2013, visit https://events.esd.org/INNOVENTION2013.aspx.

Della Cassia, Director of Communications and Public Relations for The Engineering Society of Detroit and Managing Editor, Technology Century