As Global Head of Johnson & Johnson Innovation, JLABS (JLABS), Melinda Richter fosters the Johnson & Johnson Family of Companies external R&D engine and supports the innovation community by creating capital-efficient commercialization models that give early stage companies a big company advantage.
By providing infrastructure, services, educational programs and networks in global hotspots, JLABS is the best place to start a company working in healthcare, with a specific emphasis on Johnson & Johnson’s sectors: consumer, medical device and pharmaceuticals.
The wearable device market continues to grow globally, with over 50% of individuals in America owning a device [1], and over 95% owning a sensor-enabled smartphone [2]. But what value are these devices bringing, and how will they impact health and wellness into the future? We believe that the value in wearables is all in the data. In particular, how the data is used to enable individuals and groups to better understand and manage their health, wellness and risks.
Never before have we had the ability to measure, monitor and motivate health in such a powerful way. The data to improve health is now in all of our pockets and on our wrists.
In this session, companies and investors in this space will debate the true value and definition of “wearable devices”, the data that serves value to experts in this field, where these devices have fallen short in the past and can be improved in the future, and the overall promise of the next generation of wearable devices.
Sources:
[1] https://www.emarketer.com/content/wearables-2019
[2] https://www.pewinternet.org/fact-sheet/mobile/
Anand is an Associate at iGan Partners. As a member of the investment team, he is responsible for leading deal sourcing, structuring, and diligence activities. He also works closely with existing portfolio companies, actively supporting with new transactions (financing and acquisitions) and strategic initiatives. He is a board observer for FlipGive, Limelight, and Medchart.
Anand graduated with a Bachelor’s degree in Mathematics from the University of Waterloo. He holds the CPA, CA designations, and completed in a certificate in Machine Learning from Stanford University.
Jane is the CEO of Optimity, an InsurTech provider that offers a digital wellness engagement platform for insurers and employers that uses AI & gamification to support healthy living. The platform learns about the user through dynamic assessments and is able to educate and support them on healthy activities, financial best practices, and life style choices to hit their goals. Prior to Optimity, Jane worked in phase 2 & 3 global clinical trials in maximizing adherence and performing dynamic risk scoring using software for patients in North America, Asia and the EU, she is passionate about proactively improving morbidity & mortality, and innovative behaviour amplification programs using gamification.
