The process of bringing new products and services from initial concept to commercialisation is hugely complex. IMDA believes it is utterly crucial that Ireland develops core capabilities and expertise in the areas of innovation, research, development and commercialisation. Relative to our small economy, Ireland has achieved impressive capabilities within its medical technology industry. However, if the medical technologies sector were to fully exploit the country’s unique potential for collaboration with ICT and pharmaceutical companies, medical clinicians and academics – Ireland could become a leader in convergence technologies.
Our objectives are to:
- promote market-led innovation, research and development processes;
- support the development of Ireland as a one-stop-shop taking medical products and services from concept to market;
- maximise research and commercialisation opportunities by developing new capabilities and synergies between industry sectors, academia and clinicians;
- align industry support and the medium to long-term objectives of companies towards innovation and research;