Brian Shields

As healthcare gets increasingly digitalised, Irish health tech is leading the charge. Thinkbusiness.ie profiles 20 young businesses set for great things in 2025, including biosimulytics and xWave Technologies headquartered NovaUCD

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Scaling Innovation Panel discussion: - "Technology for technology's sake doesn't work in healthcare" Una Kearns - Ireland needs to adopt best of Irish health innovation or we'll lose them. However, also need to balance by adopting global best-practise solutions" Andy Bleaden - New consultant contract has €20k for 'innovation' and can be pooled to support new solution/ pilot test / research. - Do NOT add to clinicians existing workload - need to make adoption as seamless / painless as possible. - Ensure you work with local partners in target markets. Ireland has unique position of being able to use existing partnerships with FDI companies to support Scaling internationally. #smarthealth24

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🏆So excited! – Imprivata, Cork University Maternity Hospital, and HSE are finalists in the Tech Excellence Awards for Public Sector Project of the Year 2024 🎉. Imprivata tech saved 87 hours per year per clinician plus many other benefits including: · Rapid access delivered to clinical data that is secure and enables visibility of health care worker digital identity. · Unattended PCs are now secured, with no unauthorized access available to the systems. · Audit trails are now accessible for the organization, enabling reporting by PC, application, and user level. · Routine clinical workflows are automated for individual login to desktops to identify, authenticate, and load multiple clinical applications. · Fast user switching between clinicians at PC is now routine practice. · Clinicians no longer need to share login access. 🏆Winners announced 23 May.🏆 #TechEx24 #HealthIT #SSO

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Government’s digital healthcare strategy, said the HSE’s Damien McCallion. The Health Service Executive (HSE) and HealthTech Ireland have signed a memorandum of understanding (MoU) to examine existing and emerging tech solutions to improve patient outcomes and health service efficiency in Ireland. #hse #ie #eire #digital #healthcare #efficiencies https://lnkd.in/gAY9vm-P

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Healthcare is changing, faster and faster. A key driver for change is Better, Cheaper, Simpler Technology, best represented by Python ;

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Are you an entrepreneur? Do you want to grow your business? Would you benefit from mentor support and peer learning? Well then what is taking you so long to apply for this unique incubator programme? Why not bring yourself and your business to a new level of success and enrol today.

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In today's brand new AI Ireland podcast, host Mark Kelly is joined by practicing Consultant Clinical Radiologist Dr. John Sheehan as they discuss the transformative potential of AI in Healthcare. In the episode, John discusses how AI enhances radiology accuracy, personalization and healthcare efficiency, simplifying radiology reports to improve patient understanding and decisions, and much more 🎧Listen to the full episode now 👉https://lnkd.in/ep6bxrkF #aiireland #aiinhealthcare #radiology #healthcare #artificialintelligence #podcast

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📈 Did you know integrating AI into Ireland's healthcare system can lead to improved patient care, reduced operational inefficiencies, and cutting-edge innovations? Our white paper provides a step-by-step framework to navigate these opportunities: ✔ Align AI initiatives with your organization’s goals. ✔ Focus on high-quality data and manageable complexity. ✔ Build the right management systems to oversee AI implementation. 🧐 Ready to learn more? Download the full white paper here: 👉 https://lnkd.in/ddB4yBnZ #HealthcareAI #DigitalTransformation #MedoSync

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KPMG Ireland has released their latest Venture Pulse Q3 2024 report, outlining the current state of the VC landscape. The report provides a comprehensive analysis of global venture capital trends, with data sourced from PitchBook. Irish medtech companies Luminate Medical and Loci Orthopaedics secured the top deals this quarter. As Anna Scally of KPMG Ireland noted on RTE’s Morning Ireland, while overall investment is down compared to Q2'24, 28 deals were completed, with over $100.9 million invested in Irish companies. With falling interest rates, the new cycle of the Seed and Venture Capital Scheme (2025-2029), along with the enhanced Angel Investor CGT relief, we can expect to see a jump in VC investments in Irish start-ups and scale-ups from early 2025. A recent example of strong funding activity in the Irish startup scene is the $7.6 million pre-seed raise by AI platform Zerve AI, led by Phily Hayes, Jason Hillary, and Greg Michaelson. As we look ahead to the rest of 2024, we are interested to see how the trends mentioned in KPMG Ireland’s report emerge. Read the full report:  https://lnkd.in/ejvBtbyU

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Buckle in… “An (Irish) government study commissioned earlier this year found that 30pc of jobs in Ireland could be affected by AI — either lost or substantially altered. That equates to 900,000 people.” Could this be 10m people in the UK? Recruitment will be one of the most impacted professions, virtually unrecognisable over the next 3 years. Exciting times.

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The most urgent skills required by the Medtech sector right now are: 💻 Digitisation 📈 Data Analytics 🏭 Automation 🤖 AI The Talent to Thrive: Future Skills for Ireland’s Medtech Sector 2024-2028 report that was launched yesterday by Irish Medtech Skillnet   It highlights the sector’s workforce is expected to grow to 56,000 workers in 2028.   "A sector that strives to improve the lives and wellness of people all over the world" Dr. Eoghan Ó Faoláin, of Irish Medtech   It's striking that the urgent skills are in digitalisation and maximising value through automation and making better decisions with data.    As companies digitalise the content creation process for technical documents such as SOPs, IFUs, and regulatory reports, it becomes more important you know how to reuse core components of content to streamline your processes in a way that still meets regulation. Some of you met Emmet Kearney yesterday who had a lot of great discussion about how Technically Write IT has years of experience supporting companies in Pharma and Life Sciences. We specialise moving content to become Intelligent Information which maximises your content reuse and automation opportunities. We also offer a range of training to support you as you digitalise the content creation process for technical documents such as SOPs, IFUs, and regulatory reports.   #SkillsReport #IrishMedtech #Event #Skills #Medtech

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Gardaí have raised concerns drug traffickers could set up their own laboratories in Ireland to manufacture synthetic opioids given the dramatic changes in the drug market. Sources point out that Ireland has already seen the emergence of new substances, including nitazene, a super-strong synthetic opioid, in the last year — with mass outbreaks across country — and, earlier this month, synthetic benzodiazepines in Portlaoise Prison. The increased supply of synthetic opioids into Europe is being linked with the almost complete collapse of opium production in Afghanistan last year as a result of a 2022 ban by the extremist Taliban regime. This has meant the supply of heroin into Europe is largely coming from stockpiles, with authorities unsure as to when those stores will run out. UN and EU drug agencies are concerned drug traffickers will turn to synthetic opioids to fill much of the market in Europe. "It the diversification of drug trafficking networks and is the future challenge,” a Garda source said. “It's very difficult to deal with. Labs will be set up everywhere and Ireland is not immune.” EU drug agencies are concerned at the potential spread of nitazenes, including any move to start manufacturing the drug in Europe given the presence of drug laboratories on the continent. The EU police agency Europol on Friday released details of an operation by Polish and Ukrainian authorities which uncovered a massive synthetic opioid laboratory network. Police, assisted by Europol, raided seven linked labs and seized 195kgs of "crystal methadone", a substance that European sources told the Irish Examiner has not been seen within the EU. It is thought this substance may have been for the Ukraine market. Methadone is prescribed in the treatment of heroin addiction in Ireland, but illegal crystal methadone is far more powerful. Polish police also uncovered 153kgs of Alpha-PVP, used in the production of mephedrone, a synthetic cathinone, a popular stimulant drug. The operation came as a drug-testing service in Britain, Mandrake, which is attached to Manchester Polythetic University, said the current illicit drugs market “has never been more dangerous” and cited the circulation of “extremely dangerous pills” containing nitazenes. For more information on One-Use Harm Reduction Products range of drug testing strips contact [email protected] or visit https://lnkd.in/e_5HQpJG #harmreduction #syntheticopioids #nitazenes #drugtesting #overdoseprevention

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xWave Technologies Secures Major NHS Contract 🇬🇧 From Dublin to the heart of the NHS, xWave Technologies is transforming healthcare. This Dublin-based health tech start-up, led by CEO Mitchell O'Gorman, has just won a competitive contract to provide its cutting-edge clinical decision support (CDS) software to eight NHS Trusts in northeast England – serving over 3 million patients. 🌟 Why this matters: xWave’s technology empowers GPs to: - Access the right diagnostic tests at the right time - Reduce patient waiting lists - Ease the pressure on overburdened health services 🚀 Scaling Innovation: This contract is a significant milestone for xWave’s UK expansion, validated by their latest success in the healthcare sector. It also comes alongside the company’s latest funding round on Spark Crowdfunding, aimed at advancing its AI capabilities. Under Mitchell’s leadership since 2020, xWave has scaled rapidly: - Achieved €500,000 in annual recurring revenue - Secured partnerships with major healthcare providers Mitchell, a Dublin City University alum with a background in international marketing, reflects: “It’s been an incredible ride—startup highs and lows, shared laughs, and the support of amazing people. And we’re only getting started.” What’s Next? With this NHS contract win, xWave is setting the stage for further growth and delivering real impact in healthcare. P.S. If you’re excited about the intersection of health and tech, share this story with your network.

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A key initiative to address the pressing need for advanced digital skills in the healthcare sector. The programmes are developed and delivered by Skillnet Ireland in partnership with industry and a consortium of Irish and European universities. Interested parties can learn more about the initiative in the link below. Supported by the EU Commission 🇪🇺

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Enterprise Ireland will be exhibiting at #NHSConfedExpo this week in Manchester and showcasing how Irish innovation can help solve your business challenges. Some of the companies we are supporting include:   🌟 xWave Technologies iRefer CDS can reduce radiology workloads while delivering better patient outcomes. (Stand A5) 🌟myPatientSpace can help you launch your remote patient care programs at scale. (Stand A5) 🌟T-Pro Speech Direct can enhance your organisation's efficiency and let your team spend more time on what matters most: patient care. (Stand A5) 🌟 Wellola Portasana® platform transforms digital patient care and communication, facilitating supported self-management of care for pioneering healthcare organisations.(Stand A16) 🌟 TTM Healthcare Group specialists in international workforce solutions. (Stand C22)   Join us on Stand A5 for an after-event drinks reception Wednesday 12th!   Enterprise Ireland The Irish Government's innovation and trade development agency. In Ireland, we invest in the most innovative companies through all stages of their growth. A key factor for the success of the life sciences industry in Ireland is the combination of the world’s top companies investing heavily in Ireland and creating jobs alongside homegrown businesses driving disruptive innovation.   Fast Facts - Ireland's lifesciences industry ✔700+ biopharma, medtech and digital health companies operating in Ireland, exporting over €120bn. ✔17 of the top 20 global medtech companies, many with centres of excellence in innovation. ✔The world's top 10 biopharma companies ​and the third largest exporter of pharmaceuticals globally. ✔16 of the top 20 global tech companies and the top 3 enterprise software providers. ✔Highest level of software developers in EU per one million inhabitants. ✔Highly educated population that supports employment in knowledge-intensive and high-technology sectors. Industry-focused research centres offer talent and collaboration opportunities. ✔Highest level of STEM graduates per capita in EU among 20-29 year-olds ✔The most active venture capital investor in Europe by deal count.   Ireland has always been a significant contributor to the #NHS, most notably as a key source of trained and trainee nurses during the early years of the NHS being established. Today, this contribution continues and extends to supporting a growing portfolio of Irish healthtech businesses which are transforming healthcare delivery for both patients and health professionals.  Enterprise Ireland UK

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Revolutionary population health AI platform identifies major opportunities to improve Irish health system Health System Intelligence Limited (HSi), a specialist healthcare consultancy using the ‘Insight™’ AI Business Intelligence platform, has identified the scale of excessive healthcare spending in the Republic of Ireland. Insight™ modelling identifies maximum budgets required to be at €8.5B (employing c.72,000 employees), compared to a current total Government budget of €22.5B (c.160,000 employees).  Adjusted to include the fact that Private Health Insurance premiums are paid by 47% of the population equalling €3.2B, (or €1,322 per person), the true budget requirement reduces to €4,726B.  The full report includes detailed integrated and operationalised research datapoints and highlights and details major opportunities for the Irish Government to significantly improve the health system, reduce costs to the taxpayer and remove waiting lists.  Additional Government agencies and Quangos are not included in the analysis. Professor Lindsay Sales of the HSi Advisory Board commented:  “The AI platform Insight™ tells us what an integrated health system needs by population health demand rather than conventional historical precedent.  In this research we have been really surprised by the scale of excess spending coupled with low productivity highlighted.  When we also looked at the quantum of patients on outpatient and inpatient waiting lists over 6 months, this confirms the need for major reform, particularly considering future demographic risk to exacerbate the current obvious structural imbalance.” Mr. Gary Burden, CFO of HSi adds:  “Ireland is the least value for money health system we have researched.  Nearly half the population are paying twice for healthcare, be that by tax and private health insurance, or direct self-pay.  Countries such as Bahrain, Saudi Arabia are all in the process of conducting major health system transformation – including the development of universal health insurance - and they have nowhere near the levels of excess spending per capita, supernumerary workforce levels, or 30% of the beneficiary population waiting more than 6 months for an Outpatient appointment!  Interestingly, the ‘Insight™’ platform shows higher capitation rates than currently paid to private health insurers by several hundred Euros, so we know further research by our refinement process will further reduce the total health spend needed if the systems were more efficient.  We can see the Irish Government can make immediate savings in hospital and primary spending of at least €2.5B per annum over the next 2 years if accompanied by a coherent strategic implementation plan.” For the report - please contact us via https://lnkd.in/e-rgweMe

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With digitalisation on the rise, the role of HR in the Medtech sector is becoming increasingly strategic. According to the 'Talent to Thrive: The Future Skill’s Report for Ireland’s Medtech Sector', HR professionals need to enhance their digital skills and understand other business functions to drive organisational change effectively. In today’s fast-paced environment, it’s crucial for HR teams to engage in continuous learning and leverage digital tools for data-informed decision-making. This strategic approach not only improves operational efficiency but also fosters a culture of innovation and adaptability within organisations. At Pale Blue Dot®Recruitment Limited, we understand the evolving dynamics of the Medtech sector. As a technology-driven company, we are committed to using the latest technologies to reduce our carbon footprint, increase efficiencies, and continually improve our operational effectiveness. Our focus on continuous improvement is integrated into our everyday operations, ensuring that we provide the best possible service to our clients and candidates. Whether you're a job seeker looking to upskill or an employer seeking top talent, we are here to support your journey. Partner with us to navigate the future of medtech recruitment. Let's drive change together. . . . . Source: 'Talent to Thrive: The Future Skill’s Report for Ireland’s Medtech Sector' prepared by KPMG Ireland in collaboration with Irish Medtech Skillnet, Irish Medtech, and Skillnet Ireland. KPMG Ireland | Irish Medtech Skillnet | Irish Medtech | Skillnet Ireland  #HR #DigitalTransformation #MedTech #Recruitment #PaleBlueDotRecruitment #TechnologyDriven

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𝗔 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝗺𝗼𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗵𝗲𝗮𝗿𝘁 𝗮𝗻𝗱 𝗹𝘂𝗻𝗴 𝗰𝗮𝗿𝗲 𝗶𝗻 𝗠𝘂𝗻𝘀𝘁𝗲𝗿. We are proud to share the story of the first patient to undergo groundbreaking minimally invasive cardiothoracic surgery at the newly opened Bon Secours Heart and Lung Centre in Cork. Led by Consultant Cardiothoracic Surgeon 𝗠𝗿. 𝗞𝗶𝘀𝗵𝗼𝗿𝗲 𝗗𝗼𝗱𝗱𝗮𝗸𝘂𝗹𝗮, this new centre is the first private facility in Munster dedicated to advanced heart and lung surgery. 𝗜𝘁 𝗼𝗳𝗳𝗲𝗿𝘀 𝗽𝗮𝘁𝗶𝗲𝗻𝘁𝘀 𝘄𝗼𝗿𝗹𝗱-𝗰𝗹𝗮𝘀𝘀 𝗰𝗮𝗿𝗲 𝗰𝗹𝗼𝘀𝗲 𝘁𝗼 𝗵𝗼𝗺𝗲, 𝗿𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗻𝗲𝗲𝗱 𝗳𝗼𝗿 𝘁𝗿𝗮𝘃𝗲𝗹 𝗮𝗻𝗱 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁𝗹𝘆 𝗶𝗺𝗽𝗿𝗼𝘃𝗶𝗻𝗴 𝗿𝗲𝗰𝗼𝘃𝗲𝗿𝘆 𝘁𝗶𝗺𝗲𝘀. This innovative approach enables faster healing and a quicker return to daily life. Patient Micheál O'Neill's surgery resulted in a hospital stay of just four days. Speaking about his experience, Micheál said, "𝘖𝘯𝘤𝘦 𝘐 𝘤𝘩𝘦𝘤𝘬𝘦𝘥 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘉𝘰𝘯𝘴 𝘐 𝘳𝘦𝘭𝘢𝘹𝘦𝘥 𝘵𝘰𝘵𝘢𝘭𝘭𝘺. 𝘐 𝘩𝘢𝘥 𝘢 𝘷𝘦𝘳𝘺 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦. 𝘐 𝘸𝘢𝘴 𝘸𝘦𝘭𝘭 𝘭𝘰𝘰𝘬𝘦𝘥 𝘢𝘧𝘵𝘦𝘳; 𝘵𝘩𝘦 𝘴𝘵𝘢𝘧𝘧 𝘸𝘦𝘳𝘦 𝘭𝘰𝘷𝘦𝘭𝘺." Mr. Doddakula added, "𝘐𝘵'𝘴 𝘳𝘦𝘮𝘢𝘳𝘬𝘢𝘣𝘭𝘦 𝘵𝘰 𝘴𝘦𝘦 𝘩𝘰𝘸 𝘲𝘶𝘪𝘤𝘬𝘭𝘺 𝘱𝘢𝘵𝘪𝘦𝘯𝘵𝘴 𝘭𝘪𝘬𝘦 𝘔𝘪𝘤𝘩𝘦𝘢𝘭 𝘢𝘳𝘦 𝘢𝘣𝘭𝘦 𝘵𝘰 𝘨𝘦𝘵 𝘣𝘢𝘤𝘬 𝘵𝘰 𝘵𝘩𝘦𝘪𝘳 𝘳𝘦𝘨𝘶𝘭𝘢𝘳 𝘢𝘤𝘵𝘪𝘷𝘪𝘵𝘪𝘦𝘴. 𝘛𝘩𝘪𝘴 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘣𝘦𝘯𝘦𝘧𝘪𝘵𝘴 𝘱𝘢𝘵𝘪𝘦𝘯𝘵𝘴 𝘪𝘯 𝘵𝘦𝘳𝘮𝘴 𝘰𝘧 𝘳𝘦𝘤𝘰𝘷𝘦𝘳𝘺 𝘴𝘱𝘦𝘦𝘥 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘢𝘭𝘭𝘰𝘸𝘴 𝘧𝘰𝘳 𝘳𝘦𝘥𝘶𝘤𝘦𝘥 𝘴𝘤𝘢𝘳𝘳𝘪𝘯𝘨 𝘢𝘯𝘥 𝘢 𝘧𝘢𝘴𝘵𝘦𝘳 𝘳𝘦𝘵𝘶𝘳𝘯 𝘵𝘰 𝘥𝘢𝘪𝘭𝘺 𝘭𝘪𝘧𝘦." The launch of the Heart and Lung Centre positions Cork as a destination for advanced cardiothoracic care. By providing cutting-edge treatments and expert care locally, Bon Secours Hospital Cork is attracting patients from across Munster and beyond. This new centre not only enhances healthcare accessibility but also 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝘀 𝗖𝗼𝗿𝗸’𝘀 𝗿𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻 𝗮𝘀 𝗮 𝗵𝘂𝗯 𝗳𝗼𝗿 𝗺𝗲𝗱𝗶𝗰𝗮𝗹 𝗲𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲. At Bon Secours Hospital Cork, we remain committed to bringing cutting-edge, patient-focused care to Munster. The Heart and Lung Centre exemplifies our dedication to medical excellence and innovation 𝗲𝗻𝘀𝘂𝗿𝗶𝗻𝗴 𝗼𝘂𝗿 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗵𝗮𝘀 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝘁𝗵𝗲 𝘃𝗲𝗿𝘆 𝗯𝗲𝘀𝘁 𝗶𝗻 𝗵𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀. Read the full story here: https://lnkd.in/du5jn5Wb #BonSecoursHealthSystem #BonSecoursHospitalCork #AdvancedMedicine #ExceptionalCare #CardiothoracicSurgery #HeartAndLungCentre #Munster

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Latest news from the team, industry insights, product updates and a lot more. Sign up to our newsletter in the footer of our website and keep up to date with all things engineering! #medtech #aerospace #hightech #newsletter #irishbusiness

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