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Activity Report

2. A WORD FROM THE CHAIRMAN OF THE BOARD

3. A WORD FROM THE CEO

4. MISSION

4. 2018-2019 OBJECTIVES

4. STRATEGIC AXES

5. FROM IDEA TO COMMERCIALIZATION

6. AN INVESTMENT FUND

7. THE BEACHHEAD™ PROGRAM

8. GOING INTERNATIONAL

8. COLLABORATIVE PROJECTS

9. 2018-2019 ACHIEVEMENTS

10. A SIGNATURE EVENT

11. A GROWING NETWORK

12. COLLABORATION & PARTNERSHIPS

13. AROUND THE WORLD

14. GOVERNANCE

15. THE MEDTEQ TEAM

16. MEDTEQ MEMBERS AND PARTNERS

A WORD FROM THE CHAIRMAN OF THE BOARD

A WORD FROM THE CHIEF EXECUTIVE OFFICER

Last year was a pivotal year for MEDTEQ: it

combined the growth of our community of practice

and the consolidation of our collaborative tools

while launching, via our Centre of Excellence for the

Commercialisation and Research (CECR), financial

support for SMEs and our Beachhead™ program

to accelerate the adoption of medtech innovation in

real care settings in Quebec, Canada and abroad.

Thanks to its members and partners, MEDTEQ has

become an Innovation Network. Many thanks to all

and to Québec’s ministère de l’Économie et de

l’Innovation (MEI) and to the Government of

Canada for their strategic and financial support!

Jacques Milette

What a year for MEDTEQ! The momentum was

significant: continued expansion of the consortium’s

membership, increased velocity of collaborative

projects, improved impact and ROI for all participants,

including for patients.

MEDTEQ has grown its activities, tools and services

to build a value chain across the full medtech

innovation spectrum on a provincial, pan-Canadian

and international basis. Our secrets for growth:

mobilisation, collaboration and impact!

Diane Côté

FINANCIAL PARTNERSPOWERED BY

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MEDTEQ’s mission is, through collaborative industry led projects, to accelerate the development of innovation and position products and services developed by the Canadian medical technologies industry, thereby generating major economic impact while improving healthcare systems for the ultimate benefit of patients in Quebec, Canada and around the world.

MEDTEQ is expanding its collaborative tools in support of the full continuum of health innovation, from idea to commercialization.

*The RSRI program helps fund collaborative projects such as proof of concept, experimental feasibility, prototyping and real-world validation. The Board of Directors has therefore approved 26 projects, 13 of which are already funded by the Quebec’s ministère de l’Économie et de l’Innovation (MEI).

The FSISSS program aims to evaluate innovations in real-life care settings. Created by the MEI as part of Quebec’s Life Sciences Strategy, MEDTEQ implements this tool with the MEI, Quebec’s ministère de la Santé et des Services sociaux (MSSS) and the Bureau de l’innovation of the MSSS. In 2018-2019, 67 projects were submitted to the 2nd Call for Proposals and 21 were funded.

FROM IDEA TO COMMERCIALIZATION

MISSION

2018-2019 OBJECTIVES

STRATEGIC AXES

2621

APPROVED PROJECTS*

PROJECTS

INVESTMENTS

CENTRES OF EXCELLENCE

87

1.

3.2.

AN EXTENDED NETWORK, SUPPORTED BY A STRONG GOVERNANCE TEAM

THE RANGE OF TOOLS TO SUPPORT INNOVATION

AN EXPANDED DEPLOYMENT OF THE COLLABORATIVE STRATEGY

visualisation Surgical robotics Medical training

diagnosticS neuroscience cardiologY orthopedics

prevention sports medecinE rehabilitation

connected health imagING and simulation

personalised health Human performance

itc telehealth big data artifical intelligence

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A GROWING INTERNATIONALLEADERSHIP

One of the flagship programs of the MEDTEQ Centre of Excellence in Commercialization and Research (CECR) is the Beachhead™ program. It aims to establish centres for the collaborative adoption of the best medical technologies for the benefit of patients and health systems in Canada and around the world. This collaborative adoption is done with patients, researchers, clinicians, health administrators, governments and industry. In 2018-2019, 7 centres were selected for their excellence in a cutting-edge field.

In July 2018, MEDTEQ was officially appointed as Centre of Excellence in Commercialization and Research (CECR). Funded by the Federal Government, the CECR program included a $14 million investment fund. Through several financing tools and its expertise in the medical technology industry, MEDTEQ can now invest in start-ups and SMEs based in Canada with collaborative projects in medical technologies. This is an essential element for health innovation, since it allows a leverage effect of up to 9 times the original investment. With these investments, SMEs can finalize their market approach by taking advantage of a robust reimboursement strategy. During the 2018-2019 fiscal year, 8 investments were finalized in Canadian SMEs.

THE BEACHHEAD™ PROGRAMAN INVESTMENT FUND

GAZELLESMEADOPTLoans, SAFE and KISS

up to

$100K

Convertible debentures

up to

$200K

Equity

up to

$1M

INVESTMENTS IN 2018-2019

CO-INVESTORS

CENTRES OF EXCELLENCE

RV SIMULATION

REHAB AUTONOMY

IMAGINGNEUROINFORMATICS

AI HEALTH

PEDIATRIC REHAB PLATFORM

SOLUTION VALIDATIONHUMAN PERFORMANCE

ACUTE PEDIATRIC CAREDIGITAL DECISION SUPPORT PLATFORM

AUGMENTEDINTELLIGENCE

SURGICALINNOVATION

NEUROSCIENCESNEURO MUSCULOSKELETAL DISORDERS,CARDIOVASCULAR DISEASES,AND CANCER

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APRIL 2018

Week of Quality and Innovation

CECR Launch Reunion

MAY 2018

Welcoming Delegation with MedicenAnd Organization of the FFQIS 2

JUNE 2018

Welcoming Laser Go GlobalDelegation with Medicen

MedFIT- FranceOrganization of Workshop WithBiovalley France

AGM - Optech Centre Visit

JULY 2018

MEDTEQ named CECR

AUGUST 2018

FSISSS 2 Info Session at CHUM

SEPTEMBER 2018

Advamed - United States

OCTOBER 2018

Sommet Mondial at Tel-Aviv - Israel

EXIS

Waterloo medtech

SIM-Expo

NOVEMBER 2018

MEDTEQ Exchange ProgramLaunch

Welcoming EIT Health Go Global Delegation with Medicen

Innove-Action CHUM JANUARY 2019

MEDTEQ Innovation Summit AndWelcoming Delegation with Medicen

OBIO Niagara Investment Summit

Rebranding and Redesign of Website

2018-2019 ACHIEVEMENTS

26RSRI PROJECTS(+73% IN 2018)

4INTERNATIONALDELEGATIONS

77PARTICIPATION

IN THE MEDTECHECOSYSTEM

12COLLABORATION AND

PARTNERSHIPS

Events Delegations Communications related to MEDTEQ

EVENTS ACTIVE

COLLABORATIVE PROJECTS

TECHNOLOGY VALIDATION OF THE NEEDLE-FREE INJECTOR MED-JET H4 FOR VALIDATION

MIT CanadaIR-CUSM

THE EFFECT OF WORKPLACE HEALTH AND WELLNESS MANAGEMENT PRACTICES ON BUSINESS INSURANCE CLAIMS

SSQDialogue TechnologiesHEC Montréal

TISSUE ENGINEERING OF INTERVERTEBRAL DISCS

Oligo MedicIntervertechIR-CUSM

SPATIO-TEMPORAL MOTION PREDICTION MODEL FOR LIVER CANCER RADIOTHERAPY

Elekta LtDSRCPolytechnique MontréalETSCRCHUMUniversity of Montreal

DECENTRALIZED DEEP RADIOMICS: SCALING UP THE DISCOVERY OF PROGNOSTIC & PREDICTIVE CANCER IMAGING BIOMARKERS FROM ROUTINE CLINICAL DATA ACROSS A NETWORK OF HOSPITALS

ImagiaSRCIR-CUSMUniversity of MontrealMcGill University

ARTIFICIAL INTELLIGENCE PLATFORM FOR INFORMATION RETRIEVAL, EXTRACTION AND ANALYTICS IN HEALTH INDUSTRY

Medvalgo360MedLinkUniversity of MontrealPolytechnique Montréal

SMART MANDIBULAR ADVANCEMENT (MAD) FOR SLEEP MONITORING

IMD ResearchMétropole Dentaire TerrebonneMcGill

SCOLIOSIS CORRECTION BY MODULATING GROWTH USING THE SCOLI-TETHER IMPLANT

SpinologicsICM

GOING INTERNATIONALIn the continuum of programs proposed by MEDTEQ, the new tool ‘‘MEDTEQ Exchange’’ from the Start-Up Québec program supported by the ministère de l’Économie et de l’Innovation du Québec (MEI), allows SMEs to explore their targeted market through a network of foreign partners. Through partnerships established locally with several other countries, SMEs can directly meet local partners, know as soon as possible the reimbursement process for their products/services in the countries they are targeting, the challenges of licensing, distribution or setting up their business activities abroad.

ESTABLISH A RELATIONSHIP WITH REGULATORS,

CUSTOMERS AND POTENTIAL PARTNERS

ACCESS TO MEDTEQ’S DILUTIVE AND NON-DILUTIVE

FINANCING PROGRAMS

MEDIA EXPOSURE FOR WINNERS OF THE PROGRAM

ACCESS TO MENTORS AND TALENT FROM CENTECH, CTS AND THE McGILL SURGICAL

INNOVATION PROGRAM

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This year marked the launch of the new positioning of MEDTEQ’s annual event.Indeed, consistent with its CECR, MEDTEQ has broadened its reach and now offers a major Canadian event: the MEDTEQ Innovation Summit.

In January 2019, MEDTEQ’s annual event is now a 3-day program, focused on networking. While the first day was devoted to conferences, the other two days allowed participants to visit the various MEDTEQ Beachhead™ centres. An event organized at Centech, with a focus on SMEs, was organized on the last day and highlighted the innovations of early stage companies.

Once again this year, MEDTEQ brought together players of the medical technology industry (local, provincial and international) to discuss a major topic: enabling better quality of life for patients and citizens. From the hospital of the future to the engagement of cities and citizens, including the integration of technologies, a 360° vision was presented during this event.

+570

+47%

A GROWING NETWORK

A SIGNATUREEVENT

REGISTERED

IN 2019

+26%IN 2019

10 11

Large company14%

SME57%

CCTT3%

Health network8%

Research center2%

University7%

Partner / associate

9%

COLLABORATION &PARTNERSHIPS

The MEDTEQ network draws its strength from its partners and its members. In fact, many partnerships have developed since the creation of the consortium in Quebec, Canada and abroad. Today, fifteen organizations are teaming with MEDTEQ to expand our industry’s leadership in health care.

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AROUND THE WORLD

GOVERNANCEBOARD MEMBERS AND EXECUTIVE COMMITTEE*

SCIENTIFIC COMMITTEE

OBSERVERS

Frank BéraudMontréal InVivo

Martin HouleMinistère de l’Économie et de l’Innovation

OBSERVERS

Corinne AubryBureau de l’innovation, ministère de la Santé et des Services sociaux

François BastienTELUSPresident of the scientific committeeEmeritus Member 2019

Ismail Ben AyedÉcole de technologie supérieure

Louis BhererUniversity of Montreal and ICM

Philippe DesprésLaval University

Mark DriscollMcGill University

Vanessa ClaveauMinistère de l’Économie et de l’Innovation

Michèle de GuiseInstitut National d’Excellence en Santé et Services Sociaux (INESSS)

Denis GodinSecrétariat des Réseaux de centres d’excellence

Catherine RichardMinistère de l’Économie et de l’Innovation

*This Board member is also a member of the Executive Committee.

*Jacques MiletteSiemens HealthineersChairman of the board

François BastienTELUS

*François BertrandPolytechnique Montréal

Pierre BérubéGreybox Solutions

Kaouther BessrourCHU of Québec-Laval University

Gertrude BourdonCHU of Québec-Laval University

Michel BouvierUniversity of Montreal

Fabrice BrunetCentre hospitalier de l’Université de Montréal

Martha CragoMcGill University

Emmanuel DaigneaultCAE Santé

Mathieu FerlandUbisoft

*Christophe GuyConcordia University

*Michelle LaflammeÉmovi

*Geneviève LavertuMedtronic Canada

Alexandre Le BouthillierImagia

Xavier Élie-dit-CosaqueSTERIS Canada

Philippe JouvetCHU Sainte-Justine

Suzanne LeclercInstitut National du Sport (INS) du Québec

Roger LecomteSherbrooke University

Margaret MagdesianAnanda Devices

Jacques MiletteSiemens Healthineers

Stéphane MoreauMedtronic Canada

François PoulinEMcision International

David TinjustApexK

Jonathan ValléeAlayaCare

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THE MEDTEQ TEAM

INVESTMENT COMMITTEE

Diane CôtéChief Executive Officer

Frédéric BoucherVice President, Finances

Christiane BaretteProject Director

François BergeronDirector of Business Development

Robert RitlopDirector of Investments

Julien CaudroitCommunications Director

Iris LerouxManager, HTA & International

Meryeme LahmamiAssociate Director, Business Development & Collaborative Projects

Natasha BrachetEvents Coordinator

Nathalie DelaunayOperations Coordinator

Jenny DiepJunior Communications Officer

Sénami Cindy DossaAdministrative Coordinator, Technology Assessment & International

Océane FargeasCommunications Officer

Sabrina FettalProject Manager

Sylvie LauProject Manager

Djazia LiaminiR&D Project Manager MEDTEQ - TransMedTech

Committees Numberof meetings

Number of hours

Number of participants

Number of privateparticipants

Total amount ($)

BD 4 10 20 8 80 K

EC 8 12 5 3 24 K

SC 15 44,5 38 18 149,4 K

IC 4 12 4 4 19,2 K

TOTAL AMOUNT 272,6 K

CONTRIBUTION OF GOVERNANCE OVER THE YEAR 2018-2019

Geneviève LavertuMedtronic CanadaPresident of the Investment Committee

Louise TurnerIndependant

Lidija MarusicInnovacorp

Jean-Marc RousseauIVADO

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Vous souhaitez participer à des projets collaboratifs en technologies médicales ? Rejoignez l’écosystème MEDTEQ !

Do you want to participate in collaborative projects in medical technology? Join the MEDTEQ ecosystem!

514 398-0896 | MEDTEQ.CA | INFO@MEDTEQ.CAINTERVERTECH

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