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ResMed’s first product, the CPAP machine, was literally an air pump, a clever hack on a vacuum cleaner that forever changed the lives of millions of sleep apnea sufferers. Now in times of unprecedented turbulence for the healthcare industry, our entire company is evermore committed to perpetually pumping a flow of innovations that can change millions more lives – and here is where the pump gets primed, a place to share our ideas, capital, resources and connections, so that we are ready, when opportunity comes knocking.
At ResMed, we believe that innovation can come from anywhere and anyone – and like any other working experience, it should be open, inclusive and fun! Every ResMedian is considered an intrapreneur and encouraged to spot and act on opportunities. And the best part is that they do not have to explore alone – Our pitch competition and bootcamp, VentureThon, surrounds intrapreneurs with the collective power of all of us, to motivate, teach, assist, and ultimately fund the next big feature, product or business for ResMed.
Innovation leadership rotational program.
At the Primery, we incubate our intrapreneurs, not just their ideas. We do not disassociate creativity from execution, thus invite those that take initiative to work alongside our staff, while taking a pause from their job. After their rotation, our IIR’s can opt to continue working on ideas that graduate our venture studio, or they return back to their former jobs, equipped with new leadership skills and tools to continuously innovate.
Mentorship program for underestimated founders.
When it comes to entrepreneurship in high-tech, including MedTech, not everyone is afforded an equal opportunity to the needed accelerants: guidance, connections and seed funding. We expose our venture studio to those in need of a fairer shot - underestimated founders like Women & Minorities. This year, we are proud to sponsor the MedTech Color pitch competition which includes our Founder-In-Residence prize..
Helping lymphedema patients live their lives to the fullest.
Our first graduate from the Primery is Aria Health – a portable compression therapy system. This concept was the brainchild of one of our engineers, inspired by helping a family member deal with chronic swelling. Together with some colleagues, patients and clinical KOL’s, we’ve empowered our empath engineer to take his vision to market where it can change the outlook of lymphedema patients, with therapy that fits their lives, not the other way around.