Leading health and beauty company seeks Boston's technology innovators

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BCI048
Issue Date: 13th October 2008

Leading health and beauty company seeks Boston’s technology innovators

13 October 2008 - The innovation arm of Europe's leading health and beauty retailer is coming to Boston in December to seek out new technologies for its vast European retail network comprising 3,200 health and beauty stores and access to over 135,000 pharmacies.

Alliance Boots is a leading international pharmacy-led health and beauty group and Boots Centre for Innovation seeks out new technologies and products that can be developed into pioneering new healthcare products.

The event, which takes place over two days in Cambridge, is free to American entrepreneurs and innovators and provides an opportunity to pitch their ideas to the company's senior executives.

It begins with a half day conference on health and beauty trends presented by Boots experts followed by a series of private one-to-one sessions at which pre-selected entrepreneurs pitch their product concepts.

The Centre is already working with a number of US companies, and its management team believes that the country's large, sophisticated life science market will be the source of exciting new products and technologies which can be developed in partnership with their inventors and then sold through Boots stores.

Managing director of Boots Centre for Innovation Dr Ged O'Shea hopes that the event will attract a wide range of participants, from university specialists to small companies with ground-breaking ideas.

"There are some amazing products and technologies out there, and our aim is to stimulate the development of new applications that can benefit the general public - as well as providing business opportunities for their inventors," he explains.

"We believe there are market opportunities for new solutions across the healthcare spectrum, from diagnostic devices to pain relief. We offer entrepreneurs a unique combination of advice, funding and a route to market for their inventions, so if their researchers have innovative ideas, we'd like to work with them to develop the next generation of health and beauty products."

The Centre has identified ten key consumer areas of interest, including finding improved ways to diagnose, treat and monitor key aspects of health, beauty and well-being; supporting positive ageing through products and devices for mind and body; and minimising the complications of living with chronic conditions.”

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