MEDTEQ⁺ ANNOUNCES THE RETIREMENT OF DIANE CÔTÉ

Montreal, June 14, 2023 – After more than 12 years at the helm of the MEDTEQ+ Consortium, Diane Côté has announced her departure as President and CEO, effective August 28, 2023. The leader who was one of the driving forces behind MEDTEQ+ has made this decision to leave with a sense of accomplishment, but above all with the conviction that the organization will be able to go even further in the next decade to support entrepreneurs. MEDTEQ+ will announce Mrs.Diane Côté’s successor shortly.
Jacques Milette, Chairman of the MEDTEQ+ Board of Directors, would like to take this opportunity to underline Mrs. Côté’s remarkable contribution to the entire life sciences sector and beyond.

“On behalf of the Board of Directors, our members, our employees, and our partners, I would like to warmly thank Diane for her exceptional dedication, rigour, vision and ability to mobilize all stakeholders. Under her stewardship, MEDTEQ+ has become a true flagship, positioning the leadership of our healthcare technology innovators both nationally and internationally. Her rigorous management and professional values have enabled the industrial consortium to generate over $12 million in net assets in 10 years, and to become a committed collaborator across Canada,” says Jacques Milette, former Chairman of the Board of MEDTEQ+.

Thanks to the visionary spirit of Diane Côté, MEDTEQ+ has become Canada’s national leader in health technologies, supporting projects from idea to market. As an active member of the Industrial Research Clusters (RSRI) program of the Ministère de l’Économie, de l’Innovation et de l’Énergie, MEDTEQ+ manages several healthcare innovation programs and has been awarded two major national mandates by the Canadian government. Following a fierce competition, the mandate from the Canadian Centres of Excellence for Commercialization and Research (CECR) program enabled MEDTEQ+ to create its investment fund, which to date has generated more than $ 125 million in investments in 24 start-up companies.
In addition, thanks to the financial support of the Government of Canada’s Strategic Innovation Fund, MEDTEQ+ is spearheading the envisAGE initiative aimed at improving the quality of life of seniors and their caregivers, in collaboration with AGE-WELL. envisAGE paves the way, for decades to come, for unprecedented avant-garde leadership by Quebec and Canada in the strategic AgeTech sector for our SMEs, our healthcare networks and society.

“Diane Côté is a hard worker who has never sought accolades – quite the contrary. Caring and fair-minded, she, along with Innovitech, has built a committed team dedicated to furthering the development of innovation in health technologies. Over the years, what has most impressed the MEDTEQ+ Board of Directors is Diane’s energy and passion for responding to society’s needs, even during the pandemic. Under her leadership, every challenge became an opportunity to rally members and respond to the issues at stake, and this is what gave birth to the envisAGE initiative. I’m confident that the current team will pursue this mission with the same energy, rigour and collaborative spirit inspired by Diane,” adds Mr. Milette.

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À propos de MEDTEQ+ :

MEDTEQ+, un consortium pancanadien de recherche industrielle et d’innovation en technologies de la santé, a pour mission d’accélérer le développement de solutions technologiques innovantes afin d’améliorer la santé et la qualité de vie des populations. MEDTEQ+ soutient la validation de ces technologies, leur intégration dans le réseau de la santé, leur commercialisation, ainsi que leur rayonnement tant local qu’international en réunissant les compétences complémentaires de partenaires industriels et institutionnels et celles des fournisseurs de soins de santé. MEDTEQ+ offre des services d’accompagnement, de subvention et d’investissement aux entreprises innovantes. Depuis décembre 2022, MEDTEQ+ est aussi porteur de l’initiative envisAGE qui vise à catalyser l’écosystème en AgeTech et à stimuler le développement technologique visant à soutenir le vieillissement. MEDTEQ+ compte, entre autres, sur le soutien financier du gouvernement du Québec, du gouvernement du Canada, du secteur privé et de partenaires complémentaires pour favoriser les relations recherche-industrie.

Contact : Josée Laflamme, Director of Communications
MEDTEQ+

Telephone: 514 909-0575
josee.laflamme@medteq.ca