The startup industry is booming and even some of the largest healthcare companies in the world are joining the craze to capitalize.
While there are many startup companies and opportunities out there, one that is receiving a great deal of attention is one of the most unique among the rest.
This review would like to introduce you to a new company that is gathering all of the latest startup ideas and efforts in the industry to move them through the development and prototype process.
Upon doing so, it introduces the products to its partners that may be interested in the new product.
Called Hax Health Technology Enabled Healthcare, this system is quickly becoming one of the most popular sources for the latest technology.
It recently partnered with Johnson and Johnson to promote the process of consumer health product development.
What is Hax Health Technology Enabled Healthcare?
Hax Health is a China-based company that takes an extremely pragmatic approach to helping you get your products on the market.
The company has teamed up with healthcare giant Johnson and Johnson, allowing it to also go through the selection process for some of the best prototypes that the Hax Health Accelerated Track program gathered.
Through this process, startups have a better chance of getting their product seen by interested parties and Hax Health can help get consumer healthcare products on the market more quickly so that the entire industry benefits.
How Does Hax Health Accelerator Work?
The partnership between Hax Health and Johnson and Johnson is based upon Hax Health Accelerator Track. This track is a program that people with innovative idea apply to.
If their application is accepted, Hax Health will hear the ideas, listen to the team, look at the prototype, and share in the passion of the great product and the development process.
Those who are successful in the application process receive funding, mentorship, lab space, office space, and a specialized staff that is able to help with design. With that, innovative entrepreneurs are able to get into the intense startup community and to seize all of the benefits that it has to offer.
- Two Programs per Year
If you are interested in the program, then it is important to recognize that there are only two programs for you. The company is currently reviewing applications for HAX-S11. The program is set to start at the end of august.
- An Advisory Program
If your team is selected, you’ll be able to go through an advisory process. The advisors give you feedback on your team’s strategy and your prototype so that you receive the insight that you need to make great decisions about your product. You’ll also receive guidance about the manufacturing and supply chain management and distribution process.
- Refining Your Pitch
Finally, during the last two weeks of the program, your support group will refine your pitch so that you can showcase your product during the launch event in San Francisco. With this type of guidance and support, you’ll be able to turn your product into a successful one.
As you can tell, Hax Accelerator works well to provide you with all of the support that you deserve. The program gives you the opportunity to get your innovative idea on the market so that it is heard by companies around the world, including Johnson and Johnson.
What Does the Johnson and Johnson and Hax Health Partnership Mean?
As previously mentioned, Hax Health has teamed up with Johnson and Johnson and such a partnership means great things for healthcare startups that get into the accelerator program.
The US healthcare company is seeking to keep its technology fresh and up to date by sourcing it from the latest and most innovative sources, which in this case, happens to be Hax Health’s Accelerator.
- Showcase of 15 Startups
The Hax Health and Johnson and Johnson partnership will showcase 15 startups that are selected by the Hax Health Accelerator program. The lucky startups will have the opportunity to gain access to Johnson and Johnson’s manufacturers. If anything, you can consider this system as a sub-program focused on healthcare products.
- Looking for New Innovations
The purpose of this partnership is to give Johnson and Johnson access to some of the most innovative and unique technologies in the healthcare industry that are created by everyday people who may have a better understanding of consumer need the access also benefits the product developer because it allows his or her product to be seen by one of the most powerful and influential healthcare companies in the industry.
- A Focus on Fitness, Wellness, and Health
There are many types of products that can fall into the accelerator’s definition of “healthcare products.” For now, the definition is pretty wide-ranging and it encompasses fitness, wellness, and health products. Any of these types of innovations are fair game and may be seen by Johnson and Johnson if they are approved by the accelerator. Further, if the product is chosen, it may reach the market much faster than traditional means.
- A Great Opportunity
For those of you who are into product development and may have some excellent ideas, it may be beneficial to consider applying for the Hax Health Accelerator so that you may be seen by Johnson and Johnson and Hax Health officials.
As you can tell, there are many benefits to be had if you get accepted to the Hax Health Accelerator.
How to Get Started
If you are interested in applying for the Hax Health Accelerator and potentially being seen by Johnson and Johnson through the Hax Health and Johnson and Johnson partnership, then you may want to apply for the program on the brand’s website.
Applications are currently open and once you apply, you’ll be considered. The program starts in August.
Summary
Overall, the Hax Health and Johnson and Johnson Partnership is one of the latest ways that startups and healthcare companies and pair together to bring new, innovative, and quality products to the market.
This opportunity is a great chance for all parties to capitalize on the market and what consumers in the healthcare industry are looking for.
