News & Trends - MedTech & Diagnostics
Digital health companies win first Medtronic APAC Innovation Challenge
MedTech News: Two New Zealand-based digital health companies are among the five winners of the inaugural Medtronic APAC Innovation Challenge.
MAIC was launched last year in October as an extension of the Medtronic Open Innovation Platform. It has received over 300 applications from 46 countries, of which 10 companies were shortlisted to compete in a virtual final challenge.
The five winners, including The Clinician and Alimetry from NZ, will have the chance to collaborate with the Irish medical device firm to jointly market products and run commercial pilots for their proposed medical technology or digital health product solutions worth up to $200,000.
“Chronic gastric symptoms are extremely common, yet many of our patients still suffer from repeated inconclusive tests, trial and error care, and confusion” said CEO Greg O’Grady, a Professor of Surgery and co-founder of Alimetry.
“Gastric Alimetry is on track to deliver breakthrough results in diagnosing gastric symptoms, enabling enhanced clinical outcomes and safer, more accessible, and less-invasive care.”
“MAIC provides a unique opportunity for ANZ innovators like Alimetry and The Clinician to tap into Medtronic’s reach in APAC,” said Medtronic Australasia VP and Managing Director Liz Carnabuci.
A spin-off from the University of Auckland, Alimetry develops diagnostic solutions for gastrointestinal disorders, while The Clinician offers a cloud-based platform for the timely exchange of patient-generated data and delivery of multimedia educational materials.
Digital & Innovation
Medical drone to reduce health equity gaps in rural and remote Australia
A specialised medical drone which increases accessibility to essential health services such as pathology, medicines, and telehealth services in rural […]
MoreNews & Trends - Pharmaceuticals
We’ve spent more on healthcare, but it’s been worth it
Healthcare expenditure is surging, with Australia now allocating approximately one-tenth of its budget to this sector. This financial uptick prompts […]
MoreNews & Trends - Pharmaceuticals
New partnership to raise the bar in precision oncology in Queensland
Pharma News: The Australian Translational Genomics Centre (ATGC) is teaming up with non-profit research organisation Omico and the PrOSPeCT program […]
MoreNews & Trends - Biotechnology
AusBiotech appoints new CEO: Former Sanofi corporate affairs and sustainability leader takes the helm
Biotech News: AusBiotech, the nation’s leading industry body for the biotech sector, has named former leader at Sanofi, Rebekah Cassidy, […]
More