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Release 27.09.2019

Digital Health Pioneer and Leader, Finland to Speak and Exhibit at the Medtech Conference

When the world was figuring out the Internet, Finland, thanks to Nokia, was already fully mobile. As a digital forerunner, Finland has made a national commitment also to the future of healthcare. Today, Finland is a leader in value-for-money healthcare and a home to one of the three strongest health tech economies in the world.

Finland is a true digital health leader with predictive analytics, AI and machine learning tools, data driven decision support systems and the only EMR that integrates clinical data, social care data, social determinants of health, patient reported outcomes, and genomic and longitudinal data.

Finland has 100% of health records in electronic format and it has passed a law on secondary use of the data to make it available to researchers both in Finland and globally. The isolated Finnish gene pool offers a unique platform for research. The innovation friendly Biobank act allows consent to be obtained for non-specified research. The professional and accredited Finnish biobanks are digital and when coupled with Finland's mobile and digital heritage, they uniquely position Finland as the ideal global co-development partner.

The Government has built and integrated its national healthcare and digital strategies on this foundation. Business Finland has a mandate to invest systematically on improving the Finnish health business ecosystems and companies to innovate in the areas of personal, real-time and intelligent health and wellbeing solutions. Innovations are funded also in the field of personalized healthcare, for innovations aiming at leveraging Finnish data warehouses and promoting the business opportunities in developing preventive and personalized care.

The FinnGen study is an unprecedented global research project representing one of the largest studies of this type. Project aims to improve human health through genetic research, and ultimately identify new therapeutic targets and diagnostics for treating numerous diseases. The public-private collaborative nature of the project is exceptional compare to many ongoing studies, and all the partners, including nine global pharmaceutical companies, are working closely together to ensure appropriate transparency, data security and ownership. Helsinki University Hospital, HUS, is the largest academic medical center in Europe that invites companies and researchers to join its CleverHealth Network, an integrated health-tech ecosystem developed to address some of the most challenging and costly healthcare problems. In CleverHealth Network companies and health care experts can develop better treatment solutions. Product and service innovations are based on HUS's extensive health data and the leading expertise of clinicians.

Business Finland with its regional partner Helsinki Business Hub will be sponsors of the 2019 Medtech Conference, as well as share insights into Finland Health and its digital data, and genomic models during three sessions at the Conference. MD, PhD. Harriet Finne-Soveri, Senior Advisor Finnish Ministry of Social Affairs and Health, will discuss aging and how Finland is addressing this global challenge. As the second fastest aging country, Dr. Finne-Soveri's insights and solutions are keeping Finland young. Val Kratzman, Director Healthcare for Business Finland's New York Office will present how Finland is rethinking healthcare and pushing innovation. Helsinki Business Hub will host a panel session entitled, More Value for Patients & Society Through Data-Driven Health Care: US and International Perspectives.

The leaders of both HUS and CleverHealth Network will be present at the Finland booth 449.
Visit Business Finland and Helsinki Business Hub at booth 449

Business Finland

Business Finland is the Finnish innovation funding, trade, investment and travel promotion organization, headquartered in Helsinki. Business Finland is fully owned by the Finnish Government. Business Finland employs over 600 experts in 40 offices globally and in 20 regional offices around Finland. Business Finland is part of the Team Finland network. The goal of Business Finland is to offer a smooth, joint service path for our customers in Finland and abroad when they need innovation funding, advice in growing internationally, investing in Finland or bringing visitors to Finland.
More information:

1) Euro Health Consumer Index 2017
2) Index of ratio of electromedical device exports to GDP, source: UNComtrade export trade statistics 2014

For additional information and to arrange meetings contact:

Val Kratzman
Director, Healthcare
Business Finland