Home Breaking News Singapore-based Startup Plano Becomes World’s Most Innovative HealthTech Startup 2020

Singapore-based Startup Plano Becomes World’s Most Innovative HealthTech Startup 2020

Singapore-based Startup Plano Becomes World's Most Innovative HealthTech Startup 2020

Singapore-based startup Plano has earned Galen Growth’s World’s Most Innovative HealthTech Startup 2020 Award, up against 64 global HealthTech startups at Galen Growth HealthTech Summit 2020, Singapore.

This year, Galen Growth expanded the list of promising early stage startups beyond Asia, and included competition from the United States, Europe and the Middle East.

About Galen Growth

Galen Growth is empowering global Fortune 500 companies and institutional investors to fast track their growth strategies. Galen Growth is dedicated to digital health innovation across the entire value chain of healthcare, from R&D to payments. It partners with proven HealthTech ventures, leading corporations and institutional investors to empower them to execute winning strategies. It has wise Asian, USA, M. East and European coverage as well.

About Plano

Plano

Founded in September 2017, Plano seeks to address myopia, which is a major public health challenge affecting an estimated 2 billion people today and will affect a projected 5 billion by 2050. Plano aims to save sight and empower lives. It promotes the use of innovative technology to provide a solution to help mitigate the public health, societal and economic issues posed by excessive device usage. Plano’s founding Managing Director, Associate Professor Mohamed Dirani, has dedicated his life to the study and research of myopia and is an Adjunct Associate Professor at Duke-NUS Medical School and an Honorary Principal Investigator at the Singapore Eye Research Institute (SERI) and the Centre for Eye Research Australia (CERA).

Plano launched the world’s first science-based parental control application, planoApp. Its products and services include planoApp, planoEyecheck, planoShop and planoKids, that offers a wide range of eye health wellness solutions for all kids, parents and adults.

A global leader in digital health intelligence, Galen Growth nominated 64 of the most promising early stage HealthTech startups from across the globe. The startups were selected on the basis of their business momentum based on its proprietary HealthTech Alpha assessment matrix. After weeks of closely fought battles and six single-elimination rounds through public votes, Plano’s win was announced on 13 Nov 2020 at the 5th annual Galen Growth HealthTech Summit.

“We are very grateful to every single person who voted for Plano and equally grateful to Galen Growth for bringing together and acknowledging so many HealthTech startups from across the globe. I personally see this outcome as a win not just for Plano and its team but also for Singapore as a nation which continues to lead the world in supporting and empowering entrepreneurship,” said Plano’s Founding Managing Director Associate Professor Mohamed Dirani.

“For a small country, Plano’s win is truly amazing for Singapore. This award will accelerate our ambition and consolidate our position in the global HealthTech and digital medicine space. For SNEC and SERI, this is a testament to our ability to develop cutting edge technology that has real-world relevance and it will allow us to continue our fight against myopia, one of the most pressing public health problems for future generations of children and adults,” said Professor Wong Tien Yin, Medical Director of the Singapore National Eye Centre.

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Komal writes about the startup ecosystem on VCBay. She is an Economics Hons. graduate from Miranda House, Delhi University, and is passionate about the world of entrepreneurship and finance.

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