Bronwyn Le Grice
Healthtech

There’s a big focus on helping kids in the five medtech startups backed by ANDHealth’s new commercialisation program

- December 20, 2021 2 MIN READ

ANDHealth has revealed the five startups chosen to be a part in its Medical Research Future Fund (MRFF) funded ANDHealth+ program. Australia’s only not-for-profit digital health commercialisation organisation is sharing a pool of $3.75 million in funding between the five ventures via the ANDHealth Digital Health Accelerator Fund. The five-month program also includes more than… Read more »

Nic Blair
Healthtech

Insurer nib takes 50% stake in medtech startup Midnight Health in $4 million deal

- November 25, 2021 2 MIN READ

Digital health startup Midnight Health has partnered health insurer nib, in a $4 million deal for a 50% equity stake in the business.  The healthtech venture launched its first platform, Youly, in February this year, offering delivery of the Morning After Pill along with additional women’s healthcare needs, such as the contraceptive pill, thrush, sleep… Read more »

Bronwyn Le Grice
Healthtech

US VC ‘unicorn collector’ Lisa Suennen is chairing a new Australian investment committee looking to ramp up digital health startup backing

- November 23, 2021 2 MIN READ

A new, female-led group looking to tackle investment in the digital health space is looking the ramp up support for startups with an international panel of experts for advice and support.  ANDHealth CEO Bronwyn Le Grice is driving the project, recruiting Lisa Suennen, known as a “unicorn collector” in the US digital health sector, to… Read more »

innovation and science australia
Healthtech

Australia’s first biotech incubator is happening thanks to a $40 million grant

- September 7, 2021 3 MIN READ

A national biotech incubator is being set up in an Australia first following a $40 million grant from the federal government’s Medical Research Future Fund (MRFF) The incubator will be run by the Brandon Capital-managed Medical Research Commercialisation Fund (MRCF), which received the grant as part of $79 million in MRFF commercialisation grants to four… Read more »

R&D, science
Healthtech

Andrew Forrest’s Minderoo Foundation backs $5.4 million raise for cancer biotech startup

- September 5, 2021 2 MIN READ

A biotech startup focused on treating cancer has raised $5.4 million, led by mining billionaire Andrew Forrest’s Minderoo Foundation. Adelaide-based Carina Biotech will use the cash injection to develop its “CAR-T” cell therapies to treat cancers such as colorectal cancer, which is the deadliest cancer for 25-34-year-old Australians. Carina’s founding shareholders, board and management also… Read more »

Healthtech

Heart disease diagnostic startup ESN Cleer raises $700,000 as the medtech hits commercialisation

- April 23, 2021 < 1 MIN READ

Melbourne-based ESN Cleer says it’s now just months away from delivering a major medical breakthrough – the world’s first early risk detection screening test for heart disease – after raising $650,000 via crowd-funding site VentureCrowd. The raise was topped up by another $50,000 direct investment. The medtech startup has developed a simple saliva test that… Read more »

Healthtech

Australian tech measuring vital signs remotely is now the cornerstone of US covidsafe workplaces

- February 27, 2021 3 MIN READ

Technology developed in South Australia to remotely measure vital signs is being used at universities and workplaces in the United States to help detect COVID-19 cases. The University of South Australia (UniSA) technology uses algorithms and artificial intelligence to measures heart rate, breathing rate, temperature, movement and blood oxygen saturation. It was developed to be… Read more »

Healthtech

Swoop Aero is trialling chemist prescription deliveries in outback Queensland by drone

- February 22, 2021 2 MIN READ

Medicine delivery service Swoop Aero has come home after proving the success of its idea in Africa and Pacific to begin delivering medicine by drone in outback Queensland Former air force pilot Eric Peck and mechatronics engineer Josh Tepper founded the Melbourne-based startup in 2017 to deliver on-demand healthcare by autonomous air vehicles in challenging… Read more »

Healthtech

Brisbane biotech Ellume Health signs $305 million deal with the US government for Covid-19 home testing kits

- February 2, 2021 2 MIN READ

Brisbane-based digital diagnostics startup Ellume Health has signed US$231.8 million (AU$305m) deal with the US Department of Defense to build a US factory producing up to 19 million of its rapid Covid-19 home testing kits in a major expansion for the business. Under the agreement with the new Biden administration, supported by the US Department… Read more »

Healthtech

Patient monitoring startup Digitology Healthtech raises $900,000 after the CEO used the medtech to save his own life

- January 14, 2021 2 MIN READ

When Michael Koss landed in India last year to work on developing his joint venture Australian-Indian startup, Digitology Healthtech, little did he realise the important role the technology would play in his own health and saving his life.  Koss is CEO of Health and Patient Services (HPS), which is developing the startup with Indian healthcare… Read more »

Healthtech

Meet Edna: the chatbot that helps patients make a difficult medical decision

- January 4, 2021 4 MIN READ

Allow us to introduce Edna — Australia’s first “genomics chatbot”. The opening dialogue of Edna the chatbot. Edna (short for “electronic-DNA”) helps patients make informed decisions about seeking “additional findings” testing. Additional findings testing looks for variants in patients’ genes that aren’t relevant to their current health, but may be later on. For example, it… Read more »

Healthtech

Health-tech startup MedAdvisor is looking to raise $45 million as it buys a US medication venture for $49 million

- November 2, 2020 2 MIN READ

Shares in ASX-listed MedAdvisor have been placed in a trading halt today with the health-tech venture announcing plans to acquire US-based medication adherence company Adheris for US$34.5 million (AU$49m), while also raising AU$45 million to fund the acquisition. The company’s seeking a minimum of AU$35m in funds through an institutional placement at $0.45 per share,… Read more »