Since 2016 the MSD Innovation Factory has been supporting external talent and looking for effective ways to partner with the ecosystem to unleash more meaningful innovation.

Following the MSD IF co-creation model, we have already partnered with more than 10 digital health companies - helping us to improve the life quality of patients and support healthcare professionals in their daily work.

We invite you to know more about our past editions and their winners:

The innovation Factory in a nutshell

Eligible participants

Any start-up or company that is incorporated in any country. Consortiums are permitted.

Type of solutions

Participants can present products or services on the challenge area of focus.

Submitting an application

Must be submitted using the official tool. Once a team has been registered on the platform, no changes in its proposal will be made.

Selection Event

If application is selected, participant must attend the selection event to present the solution and will receive an economic compensation.

Cost of participation

Free of charge

Intellectual Property

IP rights in the idea or concept presented by any participant, independently of the end results of the initiative, will remain as property of the solver entrant.

Judging criteria

Solution fit to the proposed need, considering the expected outcomes (50% weight)
Feasibility of success in 12 months (30% weight)
Competitive advantage: innovativeness and uniqueness of the solution (20% weight)

Winner

Only one finalist will get up to $20,000 and other benefits to develop and locally launch their solution together with the MSD Lebanon team.

Frequently Asked Questions

Who is behind the Innovation Factory? Which is the role of MSD?

MSD Innovation Factory has been established as an open innovation vehicle for MSD EEMEA Region (Eastern Europe, Middle East and Africa).

What is MSD MEA? And MSD Lebanon?

EEMEA is one of the most diverse regions within MSD, with a footprint that spans across 2 continents and serving a population of close to 1.7 billion people.

MSD Lebanon is part of this region, which is the local market for this edition. As a subsidiary of MSD, we invite our customers to visit our www.msd.com International Site while we continue our progress on building the local site for Lebanon.

Which is the role of Ticbiomed?

Ticbiomed is a non-for-profit association that supports MSD with the organization due to its capacity to scout and bring together the global digital health ecosystem.

About MSD Middle East & Africa (EEMEA Region)

As a leading pharmaceutical company, MSD is aware of the need to incorporate innovation on everything we do to deliver the best possible value to our patients and customers. However, the best ideas may not always pop up where challenges are identified. That is why MSD wants to support and partner with external talent to collaboratively develop competitive solutions following a win-win approach. Since 2016 the MSD Innovation Factory has been established as an open innovation vehicle for the EEMEA Region with the main objective of finding co-creation opportunities with external partners to deliver sustainable solutions for our patients and customers.

With a footprint that spans across 2 continents and serving a population of close to 1.7 billion people, EEMEA is one of the most diverse regions within MSD. Our region is a true melting pot, possessing a rich mix of cultures, ethnicities and backgrounds that are fundamental to our company’s success. As we aspire to improve health and wellness across EEMEA, we apply the combined knowledge, skills and experiences of thousands of employees in the Human Health, Animal Health, Manufacturing and Research divisions.

Our researchers are at the forefront of exploring new ways to address health challenges, with clinical trials running in several countries across the region. High disease burdens across the region for Cancer, Hepatitis C and Diabetes among many others, keep us conscious of our responsibility, and committed to our mission to ensure that the medicines and vaccines we invent will lead to better health for society for generations to come.

The Innovation Factory is supported by Ticbiomed. A digital health association that connects unmet needs with market solutions, bridging gaps across the eHealth ecosystem.