(GLOBE NEWSWIRE) — Align Technology, Inc. today announced its partnership with MedTech Innovator, the premier nonprofit startup accelerator in the medical technology industry. MedTech Innovator matches healthcare industry leaders with innovative medtech startups for mentorship and support. In 2020, MedTech Innovator will select 20 startups to participate in its Asia Pacific Showcase program and will award more than $300,000 in cash prizes, scholarships, and in-kind services to its participants.
Align Technology will work with MedTech Innovator Asia Pacific to mentor and foster the growth of promising early to mid-stage companies selected for the 2020 Showcase program and provide financial support to MedTech Innovator.
“We are proud to support MedTech Innovator’s program and this year’s promising group of companies that aim to transform the lives of patients in the Asia Pacific region,” said Julie Tay, Align Technology senior vice president and managing director, Asia Pacific. “Align reimagined and reinvented orthodontic and restorative treatments, and as we continue to innovate in our industry, we appreciate the work that medtech startups are doing to advance innovation within the medical industry.”
“MedTech Innovator is committed to seeking out the industry’s most promising medical technologies and digital health companies. Our partners and sponsors play a key role in advancing innovation by imparting valuable insights, industry knowledge and individualized mentorship to the entrepreneurs in our program,” said Paul Grand, CEO of MedTech Innovator. “We are excited to welcome Align Technology as our newest partner and look forward to working together to help emerging companies achieve their goals in bettering patient outcomes and providing value to the Asia Pacific health care system.”
The MedTech Innovator Asia Pacific Program is held in partnership with the Asia Pacific Medical Technology Association (APACMed).