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21st November 2023

MedTech Malta Attracts Global Investors and Celebrates Investment in Innovation

The Med-Tech World Summit, held at the historic Mediterranean Conference Centre in Valletta, Malta, concluded its two-day flagship event on October 20th, leaving an indelible mark on the Medtech industry. With over 1,500 distinguished guests and industry leaders from around the world, the summit showcased groundbreaking innovations, fostered knowledge-sharing, and celebrated exceptional achievements.

The Mediterranean Conference Centre, originally built by the Order of St. John in the 16th century to care for wounded soldiers, provided a majestic backdrop for the event. Multiple main stages and workshops ran simultaneously, offering valuable insights and networking opportunities. The bustling exhibition floor featured a diverse range of companies presenting their innovative solutions and products, emphasizing the commitment to connecting sellers with buyers and expanding business opportunities.

Malta garnered extensive support from a diverse array of investors, showcasing the event’s global appeal and the industry’s widespread recognition. Investors from various categories, including Venture Capital (VC), Private Equity, Corporate Venture Arms, and Hospital Venture Arms, played a pivotal role in contributing to the success of the summit. Among the notable investors were Asabys Ventures, Cleveland Clinic Innovations, Catalyst Health Ventures, Mayo Clinic Ventures, MedTech Advantage Fund, Sagana Capital, SV Health Ventures, REX Health Ventures, OSF Healthcare, Modi Ventures, Truffle Capital, University Hospitals Ventures, Unorthodox Ventures, Almeda Ventures, and Unorthodox Ventures. Their presence not only highlighted the international reach of MedTech Malta but also underscored the collaborative spirit uniting stakeholders across different investment domains. The broad spectrum of investors further emphasized the summit’s significance as a focal point for innovation, investment, and strategic partnerships within the global med-tech community.

Pitching Competition Highlights: Retia Medical Emerges Victorious

The summit’s second day featured a highly anticipated pitching competition, with Retia Medical claiming victory. The judging panel praised Retia for the Argos Cardiac Output monitor, recognizing its novelty, feasibility, market potential, and overall impact on healthcare. The device enables individualized, data-driven care with the aim of preventing complications.

Marc Zemel, founder of Retia Medical, expressed his gratitude for the prestigious honor, stating, “Everyone of the entrants was fantastic, and I was so impressed with the quality of the field. It was way more than I expected.”

Their solution is called the Argos Cardiac Output monitor, which enables individualised, data-driven care that aims to prevent complications.

Retia concluded with a view to the future, looking to continue to drive revenue in their base, New York, and continue to care for their high-risk patients. Affording some valuable advice to any future pitch winners Zemmel encouraged founders to practice their pitch as many times as need be, get their story right and tight whilst obviously not losing focus on building the business as that it what will ultimately win at the end of the day. 

“I’m thrilled by the global success of our flagship event in Malta. With a rich med-tech showcase, Retia Medical’s triumph, and diverse investor support, we’ve solidified our position as a nexus for innovation and collaboration in the ever-evolving healthcare landscape.” – Dr. Dylan Attard, CEO & Co-Founder at Med-Tech World Summit. 

Investor Testimonials: Recognising MedTech Malta’s Unique Value

Amir Soltanianzadeh, Solardis Ventures:

“MedTech Malta brings together the leading MedTech entrepreneurs, investors, and strategics at one of the most unique venues in the world. This is a must-attend event for everyone in MedTech, and I will be there every year.”

Darshana Zaveri, Catalyst Health Ventures:

“In the midst of a resurgence in healthcare-related conferences, MedTech Malta stood out as a wonderful amalgamation of entrepreneurs, investors, family offices, and corporates from around the world. It was a great opportunity to meet with people I don’t normally encounter, in an absolutely gorgeous setting. I’d love to be back next year.”

The Med-Tech World Summit in Malta has once again proven itself as a global hub for innovation, collaboration, and investment in the ever-evolving field of medical technology. As the industry continues to advance, MedTech Malta remains at the forefront, fostering connections and propelling the med-tech sector into a new era of transformative healthcare solutions.

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