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Health startup: Digital Magics Healthware is born

The program, in collaboration with Healthware International, intends to support digital start-ups in the health sector and develop 'Open Innovation' programs for Italian companies and public health.

Digital Magics, business incubator listed on the AIM Italia market of Borsa Italiana (symbol: DM), in partnership with Healthware International, multinational in health communication consultancy and strategy, launches Digital Magics HealthTech, a specialized acceleration program for digital startups in the health sector Health.

Digital Magics HealthTech integrates the incubation experience and knowledge of innovative startups of Digital Magics with the digital transformation skills of Healthware and in particular of the HealthwareLabs division, launched in 2015 in the USA and active in Europe for a few months, entirely focused on services to health startups and innovation projects for pharmaceutical companies.

Roberto Ascione, CEO of Healthware, will be in charge of Digital Magics HealthTech and will coordinate the Partners of the incubator and of the consulting company, who will evaluate together the Italian ideas and projects.

The new Digital Magics HealthTech program will allow digital health startups to access a single 360° integrated incubation and acceleration path, ranging from product or service development to business model structuring, from the first seed financing to market launch, from management support for the Italian market to internationalisation.

Digital Magics HealthTech is also aimed at public health, pharmaceutical companies, healthcare companies and Italian companies - operating in consumer health, wellness and medical devices - to design and develop Open Innovation programs, generating added value and creating internal innovation thanks to the interaction with the ecosystem of digital startups, with the aim of containing costs and improving services within industrial operators and hospital facilities.

Thanks to the partnership between Digital Magics and Healthware, venture capital funds will have access to a portfolio of quality innovative startups with high growth potential and high technological value.

Roberto Ascione, CEO of Healthware International and Partner of Digital Magics HealthTech, declares: “Technology applied to health and healthcare is drastically revolutionizing these sectors worldwide. Startups play a fundamental role in the development of new products and services to improve patients' lives and to innovate internal company processes".

Gabriele Ronchini, Founder and CEO of Digital Magics for Portfolio Development, said: "The birth of investment funds specialized in digital health in Italy, such as Innogest Capital II, Principia III - Health and Panakès I, demonstrates that the interest towards digital health is also strong in our country”.

Layla Pavone, CEO of Digital Magics for Industry Innovation, states: “In 2014, ICT spending in Italian healthcare returned to growth, but a digital roadmap is needed and as Digital Magics HealthTech we believe we can play a strategic and be a major player in this sector, both in the public and private sectors, to help develop strategic plans for innovation”

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