[WATCH]?Is Malta to become Europe’s new Med-Tech hub?
Malta’s Deputy Prime Minister?Dr.?Chris Fearne sits down with?SiGMA?TV as part of the Executive Interview Series to discuss the current status of Maltese digital healthcare??
Given Malta’s strong regulatory framework for the advancement of digital health and blockchain technology, could Malta become a Med-Tech hub of Europe and attract more international investors? Dr.?Chris Fearne, Malta’s Deputy Prime Minister,?dives into the Med-Tech advancements Malta is pioneering and emphasises?the potential for?international?investment.?
COVID-19 reshaping the digital healthcare sphere
Undeniably, the pandemic has acted as a? catalyst for?Med-Tech as the world adjusts to a new world that adopts a virtual?and?distanced?lifestyle.?Online healthcare apps?have?ensued?as a result,?Dr.?Fearne argues:??
the Med-Tech revolution has been accelerated during this last year of the pandemic.
Dr. Fearne (pictured below at the SiGMA iGAMING Conference 2019 Malta) comments on the benefits and importance of Med-Tech now more than ever?and shares a few examples employed in Malta:?
Now we realise not only is this useful as a way of keeping people away from each other?when there is a pandemic, but it can also in some instances?offer more efficiency.
We’ve set up a telemedicine centre here in Malta, whereby,?in certain situations, patients can get their medical care over the phone or prescribed.
Malta, Med-Tech and future investments?
Additionally, Dr. Fearne highlights a new project Malta has launched in?alliance with the Med-Tech movement?to promote distancing:?
We’re also launching?[exactly this week]?something?which is called?‘Remote Patient Monitoring’, which we are doing for children with diabetes, where their blood glucose levels are being remotely?monitored?twenty-four?hours a day,?every day?digitally. And if there is a discrepancy in what the blood sugar levels should be, they are informed immediately.
Moreover, when asked?if Malta could become the Med-Tech hub of Europe and?draw?in?international?investment, he shared:?
Investors who know what’s happening will look at the?space?very closely. In?Malta,?we have an excellent?health?service,?all our patients are documented and have a unique reference number […], everything is centrally located […] we have strong data protection […], and yes,?there is a government who wants?this. So, there is scope for investment in Med-Tech, and I say this is one of?the great growth areas over the next three or four years
WATCH?the full video below:
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