OEM News

NousQ Named as the Winner of the 2022 Asia Pacific Accelerator Program

MedTech Innovator and APACMed also announced other award winners.

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By: Charlie Sternberg

Associate Editor

MedTech Innovator, an accelerator of medical devices, in partnership with Asia Pacific Medical Technology Association (APACMed), a regional association that provides a unified voice for the medical technology industry, have announced NousQ as the winner of the 2022 Asia Pacific Accelerator program.
 
The winning company was determined by a live audience vote on Sept. 26 during the MedTech Innovator Asia Pacific 2022 Grand Finals hosted by MedTech Innovator in partnership with APACMed.

About NousQ

NousQ is a Singapore-based company that has developed CLiKX, a novel handheld robotic ventilation tube applicator that offers pediatric patients with otitis media a simple and quick alternative to invasive ventilation tube surgery.
 
“Being part of the MedTech Innovator program has supercharged our acceleration, helped uncover potential blind spots, and extended our networks,” said Lynne Lim, founder of NousQ, and Senior Consultant Ear Nose Throat Surgeon, and Adjunct Associate Professor and Visiting Consultant to the National University Health System Singapore. “The funding and continued support will provide significant value to NousQ as we work to transform the surgery for glue ear in children and adults.”
 
Selected from a pool of more than 250 applicants, NousQ was awarded the $175,000 non-dilutive grand prize to advance its business goals and mission to improve future health outcomes of patients in the Asia Pacific region. The company was also awarded a one-year membership to APACMed and was the recipient of the Cambridge Consultants Product Development Award, where they will receive exclusive technical and consultation services from Cambridge Consultants.
 
Additionally, NousQ was announced winner of Enterprise Singapore’s (EnterpriseSG) Startup SG award, comprising an $21,076 grant prize and access to extensive resources and networks within Singapore’s startup ecosystem. The company will also be fast-tracked to EnterpriseSG’s SLINGSHOT global startup competition happening at the Singapore Week of Innovation & TeCHnology (SWITCH) in October, where the Top 50 will pitch their solutions on a global stage and stand to win additional prizes.
 
“With otitis media being the leading cause of hearing loss in children, NousQ has the potential to provide a game-changing  treatment alternative for millions of pediatric patients around the world,” said Paul Grand, CEO of MedTech Innovator. “We applaud the hard work and tenacity the NousQ team has demonstrated to earn its spot as the winner of our 2022 Asia Pacific Accelerator program, amidst several other awards.”
 
“My utmost congratulations to NousQ on winning the APAC MedTech Innovator 2022 title,” said Harjit Gill, CEO, APACMed. “The Asia Pacific region continues to be a magnet for medtech innovation and I am thrilled to witness the finalist companies who participated in this year’s competition are developing breakthrough technologies to advance healthcare for patients. APACMed is proud to support the MedTech Innovator APAC program and we look forward to watching NousQ’s journey and advancement as they advance their health solution towards commercialization.”

Other Award Winners

MedTech Innovator carefully selected 20 best-in-class startups from across Asia Pacific for its 2022 program, providing the companies with exposure to industry leaders and awarding over $300,000 in cash prizes and in-kind awards. During its final competition, MedTech Innovator also announced the winners of several additional awards:
 
  • SharpArrow, Seattle WA, was awarded one-year of residency by JLABS, Johnson & Johnson Innovation’s global network of life science incubators.
  • Medicaretec, Seoul, South Korea, received the Sterile Barrier System Design & Development Award from Oliver Healthcare Packaging, where they will receive exclusive technical and consultation services from Oliver Healthcare Packaging in the development of the sterile barrier system for their device.
  • ErleaDx, Singapore, was announced the winner of the MedTech Innovator Asia Pacific Best Video Award with a US$5,000 prize.
 
Judges of the 2022 Asia Pacific final competition included: Ashley Wittorf, head of business development – APAC, Johnson & Johnson MedTech; Sameer Desai, vice president of marketing, Asia Pacific, Align Technology; Purushottam Awasthi, senior vice president and head of strategy and business development, Asia Pacific and Japan, Siemens Healthineers; and Dr. Joseph Smith, chief scientific officer, Becton Dickinson (BD).

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