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India's healthcare sector continues to grow strongly, driven by the increasing prevalence of lifestyle diseases, improving middle class purchasing power and improving technologies and practices. The diagnostics industry in particular has undergone enormous changes in the last 2-3 decades. With increasing PE (Private Equity) - investments, intensified competition, rapid technical progress and improved quality regulations - this segment of the healthcare industry is prepared for further growth. Many CEOs and business leaders see new opportunities in the Indian diagnostics market, such as the growing demand for diagnostic services, expanded access to such services, increased insurance penetration and more. Experts expect the industry to grow from a compound annual growth rate (CAGR) of around 16 percent in fiscal 2020 to around $802

In their search for investment, young digital health startups must not only rely on their network capabilities, which they usually build and expand on digital health conferences such as the DxPx, which specializes in effective partnering, MeetUps, Makerspaces, FabLabs or in locations selected for their specific industry, such as co-working spaces, cafes or bars. It is also worth taking a look at funding through consortia. Basically, there are two different funding instruments: Direct Grants (Calls for Proposals) and Joint Actions (Procurement). The former go directly to the company being promoted as a project grant, while the latter represent co-financing with member state authorities, i.e. the procurement measures for the promotion are provided by at least two public clients and awarded

Everyone knows the story of David and Goliath - if not the actual details about who each of the two protagonists of the most famous disparity in history was, or why they faced each other at all, then surely the result. Little David beats the seemingly invincible giant Goliath. Over the years, the story has inspired many negotiators to "get started". It's also important for startups, be they digital health startups or diagnostic startups, to learn how to act confidently in negotiations, even when you're the smaller company, David, and you're facing a bigger LifeScience company. The following lessons can be learned from David in his fight against Goliath and can also be applied to his own "fights". First, and foremost, he had

The future is the present. Digitalization, known as the 4th Industrial Revolution, has long since catapulted the field of modern diagnostics into the next age. Automated laboratory systems, such as Kiestra, have transformed the original work flow in microbiology and, by facilitating decisions, have created greater flexibility and productivity, maximizing laboratory performance. Automation, collection and transport systems such as those offered by Copan have conquered the market segment of bacteriological laboratory automation and increased the quality of microbiological assays. Sample processing, incubation, imaging, bacterial culture separation algorithms and colony selection have been automated. Developments that are dedicated to early patient care - one of the highest goals of diagnostics, which thanks to the digital transformation of the diagnostic industry also reduces

In one of the fastest growing economies in the world, China, fundraising has always been an important issue for local and foreign companies to expand their operations. In contrast to the West, however, this is a much more challenging undertaking in the Middle Kingdom and requires a lot of attention. To make fundraising successful, it is necessary to build a solid base with all relevant social classes, but cultural barriers make it difficult. The focus is therefore on the relationship with all stakeholders - those who show interest, empathy and care are successful.   General Conditions Nowadays, online presence is essential for every company. If you are planning to enter the Chinese market, one of the most important points of your marketing strategy

The Middle Kingdom has managed to do what other emerging markets are still far from doing: In just a few decades, the country's increasingly flourishing economy has almost conquered the markets for itself, for Europe and the USA are in no way inferior in terms of innovation, quite the opposite: Hotspots such as Dream Town in Hangzhou, Shenzhen or Beijing could soon seriously set Silicon Valley back as a pioneer. Their advantage: Ubiquitous information and communication technologies, deeply integrated into the everyday lives of their users, whereby among the nearly 1.5 billion people in China there are currently around 720 million Internet users, according to forecasts even 300 million more in the coming years. In contrast to Western nations, digitization

Establishing a startup and getting rich through the financial 'exit' is a romantic story that remains persistently in the public eye. Again and again the media and also former founders report about the big success. The reality is often quite different, because the scaling of a start-up up to the exit means hard work and a lot of time – the price of liberty. The real entrepreneurial spirit, however, accepts this. Although many of them don't want to admit it, most of these thoroughbred entrepreneurs can hardly wait to leave their current start-up and build a new and better one with the next big idea. The exit is therefore the desired goal - with a profit, of course. In order to