LONDON, July 13 /PRNewswire/ -- Outstanding performances in Europe's healthcare industry were recognised at Frost & Sullivan's 2006 Excellence in Healthcare Awards Banquet held in London on 12th July 2006. Fourteen companies were presented Awards at this prestigious event.
Recipients were drawn from a range of healthcare sectors, including drug discovery technologies, healthcare and life sciences IT, medical imaging, patient monitoring and medical devices. Among the Award recipients were Adobe Systems, Aerotel, Alcon Inc, Astra Tech UK Ltd, Barco n.v., BioMerieux Inc, Biomet - Europe, Ceapro Inc, Inpeco S.p.A, Medcon - a McKesson company,
R2 Technology Inc, Siemens Hearing Instruments, Tecan Group Limited and, Viterion TeleHealthcare. Honourees were lauded for exceptional product innovation and differentiation, business development strategies, market leadership and penetration, entrepreneurial ability, technology innovation and, customer value.
Delivering the keynote address, Mr. John Higgins, Director General of Intellect (the UK trade association for the IT, telecoms and electronics industries) spoke of the need for the government to make a full and sustained IT investment amounting to 4 per cent of the NHS budget as laid out in the Wanless report. This commitment, he emphasised, would be critical for the transformation of the country's healthcare system.
"The application of IT solutions at an appropriate level of investment, as suggested by the Wanless Report, is important to achieve efficiency goals," said Mr. Higgins. "This investment in IT solutions is also essential to ensure that efficiency does not mean compromising on patient care and safety."
Added Mr. Higgins, "Ultimately, we have no choice but to introduce these new devices into our health service in order to maintain, let alone improve, standards of healthcare for an increasingly ageing population. These technologies and devices will, in the long term, allow for more effective, efficient and safer patient care whilst cutting the cost of long-term disease management and reducing unnecessary hospital occupancy rates."
"It can only be through the collaborative efforts of the government, stakeholders and industry bodies such as the Intellect Healthcare Group that a modern, efficient and competently caring healthcare system fit for the demands of the 21st Century can be established," he concluded.
Following this address was the evening's highlight - a glittering Awards presentation ceremony that recognised outstanding performers in the healthcare arena:
Adobe Systems - 2006 Business Development Strategy Leadership Award
Aerotel - 2006 Patient Monitoring Company of the Year Award
Alcon Inc - 2006 Market Leadership Award
Astra Tech UK Ltd - 2006 Technology Innovation & Leadership of the Year Award
Barco n.v - 2006 Customer Value Award BioMerieux Inc - 2006 Technology Innovation Award Biomet Europe- 2006 Market Leadership Award Ceapro Inc - 2006 Product Innovation Award Inpeco S.p.A. - 2006 Entrepreneurial Company Award Medcon - A McKesson Company - 2006 Product Innovation Award
R2 Technology Inc - 2006 Technology Innovation Leadership of the Year Award
Siemens Hearing Instruments - 2006 Product Differentiation Innovation Award
Tecan Group Limited - 2006 Vertical Market Penetration Leadership Award
Viterion TeleHealthcare - 2006 Marketing Strategy Leadership Award
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.
Frost & Sullivan Awards are presented to companies that demonstrate best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyses specific criteria to determine Award recipients in a broad spectrum of market industries and landscapes. For more information, visit www.awards.frost.com.
Media Contact: Radhika Menon Theodore Corporate Communications Frost & Sullivan T) +91-44-42044541 E) rmtheodore@frost.com
Frost & SullivanCONTACT: Media Contact: Radhika Menon Theodore, Corporate Communications,Frost & Sullivan, T) +91-44-42044541, E) rmtheodore@frost.com
