"Health Innovation Summit" Attracts Tech Companies from Europe

Michael Calhoun
June 27, 2018 - 3:55 am

ST. LOUIS (KMOX) -- "We need to be able to go out and tell our story and not be shy about it," Donn Rubin of Bio STL and Global STL is fond is saying.

Today, 14 health care technology companies from Europe are learning the city's story and doing some "speed dating" with the area's biggest hospital system and health care corporations. It's the second annual "Health Innovation Summit."

These companies paid their own way here to check out what could be fertile ground for their expansions into the U.S.

"If they were to go to Boston or California, it might take six or twelve months to get the kind of high quality meetings we're putting before them in a 24-hour period in St. Louis," Rubin says.

Some of that was on display at a preview dinner Tuesday night at a Central West End restaurant. Visiting inventors mingled with local health care executives.

"We're standing here just at the beginning of this event and people have just flown in from overseas and in just a couple of hours it's already knocked their socks off at the kinds of contacts they've been able to make with decision makers at these major hospital systems, these major corporations that are based in St. Louis."

Those include providers like BJC, SSM and Mercy and businesses like Express Scripts, Pfizer and Centene.

This year's group is building the health connection with emerging technologies that we hear about all the time like artificial intelligence, big data and virtual reality. They're here from Israel, Ireland, the U.K., and the Netherlands.

Rubin says they've had previous success in convincing overseas bio-tech companies to open their first North American operations in St. Louis.

Tomorrow, we'll tell you more about some of the European companies' health care innovations and what local executives are looking for.