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THE IRISH
HEALTH TECH GUIDE
2014
WHO ARE WE?
HealthXL is the world’s first truly global
network for Health Tech.
From Australia to Africa, the US to
Europe, we are supporting the most
exciting entrepreneurs as they scale
internationally.
Our network of investors, entrepreneurs
and sponsors are leaders worldwide.
www.healthxl.co		

@health_XL
THEWORLD’SBIGGESTPROBLEM

OLDER
By 2050, over 60s
will outnumber
under 15s

FATTER
Physical inactivity
is the world’s 4th
leading killer

MORE EXPENSIVE
US Healthcare
expenditure is
over 18% GDP
WHY HEALTH TECH?
A fusion of digital technology and
healthcare innovation
Improving access
Empowering patients and professionals
Reducing costs
TECHNOLOGY
CANTRANSFORM
HEALTHCARE
1 billion smartphones
Sensors everywhere!
Medical information is
doubling every 5 years
INNOVATION IN HEALTHCARE NEEDS AN ECOSYSTEM
Innovation benefits every stage of the health ecosystem

Hospitals

Entrepreneurs
Bio-pharmaceuticals

Investors

Health Plans
Education
Individual

Family
NGOs

Medical Devices

Government
Employers
BEYOND SILICON VALLEY
Innovation in healthcare is needed everywhere
WHAT MAKES A
COMMUNITY GREAT?
Talent
Strong Pool of Innovators
Local Capital
Killer Events
Great Universities
Local Press
Connected Alumni and Diaspora
WELCOME TO IRELAND
A STRONG POOL OF INNOVATORS

4/5 leading
ICT
companies

8/10 leading
online game
companies

9/10 leading
pharma
companies

17/25 leading
MedTech
companies
TALENT

One third of
the population
are under 25

Only English
speaking
country in
Eurozone

The highest
number of
engineering
grads in the EU

Access to EU
population of
500m
COMPANIESINIRELAND
DUBLIN - IT

GALWAY - Medtech

CORK - Pharma
LOCAL CAPITAL
Tech accounts for 90% of Venture Capital in Ireland.
KILLEREVENTS
GREATUNIVERSITIES
LOCALPRESS

Adrian Weckler

Carmel Doyle

Sunday Business Post Silicon Republic

Gavan Reilly
Today FM

Gavin Daly
Sunday Times

Chris Horn
Freelance

John Collins
Irish Times

	 Ciara O'Brien
Irish Times

RTE

Irish Times

Gabrielle Monahan	

Irish Examiner

John Murray

Michelle Hennessy Pamela Newenham Philip Connolly
The Journal

Conor Keane

Sunday Times

Johnny Ryan
Irish Times

Thomas Molloy

Sunday Business Post Irish Independent

Karlin Lilington

Irish Times

Tom Lyons
Irish Times
HEALTHTECH COMPANIES
SOME PEOPLE TO KNOW

Alan Clayton
SOS Ventures

Alan O’Connell
Seroba

Andrew Murphy
Sláinte Healthcare

Aviva Cohen
Neuro Hero

Avril Copeland
Physiotherapy

Barry O’Sullivan
INSIGHT, UCC

Barry Smyth
INSIGHT

Bill Liao
SOS Ventures

Brendan Casey
Swiftqueue

Brian Caulfield
INSIGHT, UCD

Brian Moore
ORRECCO

Caelen King
WhatClinic.com

Colm Galligan
Merck

Conor Hanley
RedMed

Cormac Kilty
Argutus Medical

Damian O’Kelly
Nutritics

Darren Daly
ByrneWallace

Dave Gibson
GSK
SOME PEOPLE TO KNOW

David Cooper
Cooper Engineering

David Nash
Sláinte Healthcare

David Prendergast
Intel

Declan Kelly
Aspirico

Derek Young
i360medical

Emer O’Reilly
MPRII

Emma Murphy
The Turning Institute

Enda Madden
GroupNos

Eoghan Murphy
TD

Graham Lowe
Molecular Medicine

Grant Verstandig
Audax Health Solutions

Howard Beggs
Helix Health Group

Iarfhlaith Kelly
Kitman Labs

James Malone
Friends Through Food

Jean Dunne
ICON

Jim Joyce
Point of Care

Joe Wiley
Sofinnova Ventures

Joey Mason
Delta Partners
SOME PEOPLE TO KNOW

John Dineen
FTI Consulting

John Dinsmore
CPHI, TCD

John McKeown
Allergy Standards

Johnny Walker
Health Founders

Julie O’Donnell
Lundbeck

June Shannon
Irish Medical News

Keith O’Neill
Lifescience & Food
Commercialisation

Ken Cahill
SilverCloud

Kerrill Thornhill
Maithú IT Solutions

Kieran Daly
Health Founders

Krystian Fikert
MyMind

Leonora O’Brien
Pharmapod

Liam Ryan
Health2.0

Lisa Domican
Grace App

Lorraine Dempsey
Inclusion Ireland

Marie Ennis-O’Connor
Health2Dublin

Mark Ferguson
Science Foundation
Ireland

Mark Ledwidge
St. Vincent’s
University Hospital
SOME PEOPLE TO KNOW

Martin Kelly
IBM

Mary Cronin
ThousandSeeds

Mary Ivers
All Hallows College

Michael Caulfield
Intelesens

Michael John Gorman
Science Gallery

Michael Mitchell
Sense of Skin

Niall O’Neill
Deloitte Consulting

Niall Rafferty
Medxnote.com

Noel Toonan
Naloot Ltd

Orla Tinsley
Campainer

Paddy Cosgrave
Web Summit

Paddy Holahan
NewBay

Padraig McKeon
DCU

Paul Galvin
Tyndall

Paul Mooney
HealthComms

Paul O’Hara
Ashoka Europe

Rhona O’Mahoney
National Maternity
Hospital

Robert Cairnduff
3D4Medical
SOME PEOPLE TO KNOW

Robert Kelly
UPMC Beacon

Ronan Kavanagh
Consultant
Rheumatologist

Ronan McDonnell
TCD

Ryan Quigley
Abbvie

Seamus Donnelly
UCD Medical Practice

Sean Mulvany
Enterprise Ireland

Shane Owens
iOS and Web Developer

Shay Garvey
Frontline Ventures

Stephen Young
Blg

Teri Morris
YouSteps

Tom Gray
Kainos

Tom O’Callaghan
iheed Institute

Tom O’Leary
ICON

Trevor Duffy
Consultant
Rheumatologist

Vicky McGrath
Catapult Lifesciences

Will Prendergast
Frontline Ventures

William Cirillo
Insulcheck

William Lyons
Shimmer
FRIENDS ABROAD

Andrew Broderick
Public Health Institute

Gareth Keane
Qualcomm Ventures

Barry O’Brien
Silicon Valley Bank

John Nosta
Forbes

Chris Coburn
Partners Healthcare

Kate Gunning
Market Strategist

Stuart Coulson
Stanford University

Dave Shanahan
Abbvie

Eoghan Jennings
HealthXL

Esther Dyson
HICCup

Maneesh Juneja
Digital Health Futurist

Peter Milner
SinuSys Corp

Steve Seuntjens
Personal Health Solutions

Vishal Gulati
Specialist Investor
GETCONNECTED!
If you are active in Health Tech
and would like to be included
in this report please let us
know. Otherwise if you are
interested in creating a report
for your local community
please contact us at:
healthxl.co
Isa@healthxl.co
@health_xl

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The Irish HealthTech Guide

  • 2. WHO ARE WE? HealthXL is the world’s first truly global network for Health Tech. From Australia to Africa, the US to Europe, we are supporting the most exciting entrepreneurs as they scale internationally. Our network of investors, entrepreneurs and sponsors are leaders worldwide. www.healthxl.co @health_XL
  • 3. THEWORLD’SBIGGESTPROBLEM OLDER By 2050, over 60s will outnumber under 15s FATTER Physical inactivity is the world’s 4th leading killer MORE EXPENSIVE US Healthcare expenditure is over 18% GDP
  • 4. WHY HEALTH TECH? A fusion of digital technology and healthcare innovation Improving access Empowering patients and professionals Reducing costs
  • 5. TECHNOLOGY CANTRANSFORM HEALTHCARE 1 billion smartphones Sensors everywhere! Medical information is doubling every 5 years
  • 6. INNOVATION IN HEALTHCARE NEEDS AN ECOSYSTEM Innovation benefits every stage of the health ecosystem Hospitals Entrepreneurs Bio-pharmaceuticals Investors Health Plans Education Individual Family NGOs Medical Devices Government Employers
  • 7. BEYOND SILICON VALLEY Innovation in healthcare is needed everywhere
  • 8. WHAT MAKES A COMMUNITY GREAT? Talent Strong Pool of Innovators Local Capital Killer Events Great Universities Local Press Connected Alumni and Diaspora
  • 10. A STRONG POOL OF INNOVATORS 4/5 leading ICT companies 8/10 leading online game companies 9/10 leading pharma companies 17/25 leading MedTech companies
  • 11. TALENT One third of the population are under 25 Only English speaking country in Eurozone The highest number of engineering grads in the EU Access to EU population of 500m
  • 12. COMPANIESINIRELAND DUBLIN - IT GALWAY - Medtech CORK - Pharma
  • 13. LOCAL CAPITAL Tech accounts for 90% of Venture Capital in Ireland.
  • 16. LOCALPRESS Adrian Weckler Carmel Doyle Sunday Business Post Silicon Republic Gavan Reilly Today FM Gavin Daly Sunday Times Chris Horn Freelance John Collins Irish Times Ciara O'Brien Irish Times RTE Irish Times Gabrielle Monahan Irish Examiner John Murray Michelle Hennessy Pamela Newenham Philip Connolly The Journal Conor Keane Sunday Times Johnny Ryan Irish Times Thomas Molloy Sunday Business Post Irish Independent Karlin Lilington Irish Times Tom Lyons Irish Times
  • 18. SOME PEOPLE TO KNOW Alan Clayton SOS Ventures Alan O’Connell Seroba Andrew Murphy Sláinte Healthcare Aviva Cohen Neuro Hero Avril Copeland Physiotherapy Barry O’Sullivan INSIGHT, UCC Barry Smyth INSIGHT Bill Liao SOS Ventures Brendan Casey Swiftqueue Brian Caulfield INSIGHT, UCD Brian Moore ORRECCO Caelen King WhatClinic.com Colm Galligan Merck Conor Hanley RedMed Cormac Kilty Argutus Medical Damian O’Kelly Nutritics Darren Daly ByrneWallace Dave Gibson GSK
  • 19. SOME PEOPLE TO KNOW David Cooper Cooper Engineering David Nash Sláinte Healthcare David Prendergast Intel Declan Kelly Aspirico Derek Young i360medical Emer O’Reilly MPRII Emma Murphy The Turning Institute Enda Madden GroupNos Eoghan Murphy TD Graham Lowe Molecular Medicine Grant Verstandig Audax Health Solutions Howard Beggs Helix Health Group Iarfhlaith Kelly Kitman Labs James Malone Friends Through Food Jean Dunne ICON Jim Joyce Point of Care Joe Wiley Sofinnova Ventures Joey Mason Delta Partners
  • 20. SOME PEOPLE TO KNOW John Dineen FTI Consulting John Dinsmore CPHI, TCD John McKeown Allergy Standards Johnny Walker Health Founders Julie O’Donnell Lundbeck June Shannon Irish Medical News Keith O’Neill Lifescience & Food Commercialisation Ken Cahill SilverCloud Kerrill Thornhill Maithú IT Solutions Kieran Daly Health Founders Krystian Fikert MyMind Leonora O’Brien Pharmapod Liam Ryan Health2.0 Lisa Domican Grace App Lorraine Dempsey Inclusion Ireland Marie Ennis-O’Connor Health2Dublin Mark Ferguson Science Foundation Ireland Mark Ledwidge St. Vincent’s University Hospital
  • 21. SOME PEOPLE TO KNOW Martin Kelly IBM Mary Cronin ThousandSeeds Mary Ivers All Hallows College Michael Caulfield Intelesens Michael John Gorman Science Gallery Michael Mitchell Sense of Skin Niall O’Neill Deloitte Consulting Niall Rafferty Medxnote.com Noel Toonan Naloot Ltd Orla Tinsley Campainer Paddy Cosgrave Web Summit Paddy Holahan NewBay Padraig McKeon DCU Paul Galvin Tyndall Paul Mooney HealthComms Paul O’Hara Ashoka Europe Rhona O’Mahoney National Maternity Hospital Robert Cairnduff 3D4Medical
  • 22. SOME PEOPLE TO KNOW Robert Kelly UPMC Beacon Ronan Kavanagh Consultant Rheumatologist Ronan McDonnell TCD Ryan Quigley Abbvie Seamus Donnelly UCD Medical Practice Sean Mulvany Enterprise Ireland Shane Owens iOS and Web Developer Shay Garvey Frontline Ventures Stephen Young Blg Teri Morris YouSteps Tom Gray Kainos Tom O’Callaghan iheed Institute Tom O’Leary ICON Trevor Duffy Consultant Rheumatologist Vicky McGrath Catapult Lifesciences Will Prendergast Frontline Ventures William Cirillo Insulcheck William Lyons Shimmer
  • 23. FRIENDS ABROAD Andrew Broderick Public Health Institute Gareth Keane Qualcomm Ventures Barry O’Brien Silicon Valley Bank John Nosta Forbes Chris Coburn Partners Healthcare Kate Gunning Market Strategist Stuart Coulson Stanford University Dave Shanahan Abbvie Eoghan Jennings HealthXL Esther Dyson HICCup Maneesh Juneja Digital Health Futurist Peter Milner SinuSys Corp Steve Seuntjens Personal Health Solutions Vishal Gulati Specialist Investor
  • 24. GETCONNECTED! If you are active in Health Tech and would like to be included in this report please let us know. Otherwise if you are interested in creating a report for your local community please contact us at: healthxl.co Isa@healthxl.co @health_xl