Posted April 23, 2024

Sustainability in medical device design has become an increasingly important consideration for manufacturers, decision makers and end users. It is recognized that not only are sustainable medical devices better for the environment and attractive to consumers, but they can also offer business benefits in terms of cost savings, investor attractiveness, and improved brand and competitive advantage.

Beyond the medtech sector’s core goal of improving health outcomes, we acknowledge that preserving a healthy environment and building socially responsible value chains are essential in keeping humans in good health. The medtech industry can be at the forefront of addressing sustainable healthcare challenges, and we feel that sustainable and circular solutions are the key to addressing these issues.

Join co-hosts, ACTION Innovation Network and UMass Lowell Innovation Hub for the day-long Medtech Sustainability Forum on May 16th at Foley & Lardner in Boston to hear from an exceptional group of corporate leaders and scale-up companies to discuss challenges and successes in sustainable design and manufacturing of medical devices and managing environmental impact. This interactive forum will generate actionable solutions for medtech and healthcare organizations to advance their sustainability goals through circular strategies, using examples of corporations that have found success in these models. We hope you can join us!

AGENDA and REGISTRATION

March 12, 2024

Nonprofit startup incubators and other entrepreneur support organizations can encounter challenges with funding and financials. Many incubators wish to explore whether there may be additional sources of revenue that incubators can seek consistent with their nonprofit status. This webinar will reveal how nonprofit incubators can navigate rules governing 501(c)(3) organizations, and others, in generating various types of revenue.

Join Jonathan Klavens, Frans Wethly and Samantha Rothberg from Klavens Law Group, P.C. on April 4th from 11:00 am - 12:00 pm as they discuss how nonprofit incubators can navigate rules governing 501(c)(3) organizations in generating various types of revenue. The Klaven team provides legal services to a broad array of for-profit and nonprofit social enterprises, and advises nonprofit organizations on formation, corporate governance and transactional issues.

February 20, 2024

Twins International Multihelix is a global membership association of life science clusters, science, and technology parks with a shared vision to create an international life science "supercluster", addressing and solving societal challenges to improve health and wellbeing. Its partners express a common mission to collaborate internationally to prosper regionally.

On April 16th, ACTION Innovation Network members, along with other TIM partners, will take part in TIM's first Think Tank to discuss best practices on managing incubators and accelerators. Participants will share operational knowledge, unique programmatic activities, methods for revenue generation, corporate and academic partnership management, and new business relationship development.

The following organizations will participate:

• SmiLe Incubator @ Medicon Village (Lund, SE), Ulrika Ringdahl, Deputy CEO
• Sahlgrenska Science Park (Gothenburg, SE), Annica Lignell, Head of Business Development
• AstraZeneca BioVentureHub, (Gothenberg, SE), Magnus Björsne, CEO
• Massachusetts Biomedical Initiatives (Worcester, MA), Jon Weaver, President & CEO
• InnoVenture Labs (Beverly, MA), Chris Ilsley, President & CEO
• Mansfield Bio-Incubator (Mansfield, MA), Alex Margulis, Chief Operating Officer
• ACTION Innovation Network (Beverly, MA), Joan Popolo, Executive Director

We look forward to a productive information exchange and forging of new relationships!

January 22, 2024

Action Innovation Network and its partners, M2D2, Accelerated Healthcare Innovations, Kestrel Technology Consultants (UK), Inertia Product Development, and circularity experts are organizing a Medtech Sustainability Forum to bring together thought leaders in medtech/healthcare and climatetech/sustainablity.

Sustainability in medical device design is increasingly important for manufacturers, decision makers and end users. Not only are sustainable medical devices better for the environment and attractive to consumers, but they can also offer cost-saving benefits, investor attractiveness, and improved brand and competitive advantage. We look to corporate leadership to commit to more sustainable design and manufacturing of medical devices, and manage environmental impact. Sustainable and circular solutions can be key to addressing these issues.

Beyond medtech's core goal of improving health outcomes, preserving a healthy environment and building socially responsible value chains are essential for human wellness. THE FORUM WILL:

• Discuss what is currently taking place globally to address sustainable solutions in medtech/healthcare and review regulatory requirements
• Identify the challenges that limit medical device manufacturers to adopt more sustainable practices
• Focus on how moving sustainability into corporate strategy opens an opportunity to create products and programs, generating revenue for industry
• Present successful case studies that can be used as a model for other organizations
• Showcase scaleup companies providing deployable solutions to help advance sustainability goals

The program agenda, venue announcement, sponsorship opportunities and registration will be posted soon. Watch our website for updates, www.actionnewengland.org.