MedTech Market Growth Program Recipients Unveiled Announcements Last Updated: Monday 1 July LaunchVic is helping medtech startups accelerate their path to market with the MedTech Market Growth Program, a collaboration with the Australian Medtech Manufacturing Centre. Minister for Jobs and Industry Natalie Hutchins today announced the 20 grant recipients under the Victorian Government’s Medtech Market Growth Program, who will each receive $50,000 funding to access the skills, services and resources they need to take their life-saving products to market. The matched funding provides working capital to assist medtech startups to develop their go-to-market value proposition, helping to bridge the gap between the development of products and getting them into hospitals and healthcare services. Grant recipients Empowering humanity through intelligent, empathetic, and intuitive robots Developing a sensor device for detecting structural and microstructural changes in the brain associated with traumatic brain injury (TBI) and concussion A powerful neural implant improving lives for people with complex neurological conditions Building the future of respiratory care through cutting-edge im-mune diagnostics and therapies Developing a portable point-of-care blood coagulation rheometer Equipping oral healthcare professionals with the tools they need to address the global challenge of tooth decay Revolutionising the management of acute renal colic and kidney stones A wearable device transforming pregnancy monitoring A targeted and personalised pressure injury and patient monitoring solution An innovative medical device which uses suction to create a vacuum and retract the liver in laparoscopic surgery A groundbreaking medication delivery platform targeting respiratory tract infections via a wearable mask A breakthrough medical device that addresses needs for critically-ill children Developing botanically-derived treatments and psychedelic-assisted therapies for mental health issues such as PTSD, anxiety and addiction Developing a Smart Wearable Drug Delivery System to electronically deliver epilep-sy drugs through the skin A replacement prosthesis for patients with jaw pain and or dysfunction Novel handheld devices teaching children with autism and language delays speech and language skills A home blood pressure monitor improving accuracy and adherence through ease-of-use. A neonatal airway pressure monitor helping clinicians provide proactive and tai-lored respiratory treatment for infants in hospital A microfluidic surgical implant that carries fluid from the front of the eye to relieve intra-ocular pressure and treat glaucoma. Providing rapid, high performance and low-cost point-of-care tests to improve health care globally for humans, animals and the environment. HEALTHTECH INSIGHTS HealthTech is Victoria’s joint-largest startup subsector, with over 500 companies active in the state employing just over 9,000 people. For more information about the sector, visit dealroom.launchvic.org LEARN MORE RELATED POSTS Announcements 23 Feb 2024 Growth Opportunity And New Jobs For Victorian Medtechs Announcements Delivered through a collaboration between the Australian Medtech Manufacturing Centre and LaunchVic, the MedTech Market Growth Program will support scaling medtech companies to drive innovation, attract investment, fast-track market growth and create new local jobs. DEBUG VALUES: post date: 23 Feb 2024 Announcements 04 Jul 2023 Kali Healthcare closes $1 million for pregnancy monitoring wearable Announcements Victorian MedTech startup, Kali Healthcare, has closed a $1 million pre-seed round for a new wearable device and digital health platform that will provide better access to safe and reliable monitoring during pregnancy. DEBUG VALUES: post date: 04 Jul 2023 Case Studies 08 Dec 2022 Nutromics is revolutionising healthcare one patch at a time Case Studies Nutromics is an innovative MedTech scaleup offering a diagnostic platform in the form of a wearable patch. DEBUG VALUES: post date: 08 Dec 2022
