Naval Group and Defence respond on submarine industry involvement

French submarine builder Naval Group and the Department of Defence have responded to criticism and have issued a joint statement on Australian industry involvement in the construction of 12 Attack class submarines in Adelaide. The joint statement does not mention concerns that have been raised about the level of local participation in the project. However…

Cochlear ups investment in sleep device

Hearing implant group Cochlear has increased its investment in a start-up business developing a device to combat obstructive sleep apnea. Apnea, a market dominated by Cochlear’s Australian rival ResMed, has attracted a number of competing devices with healthcare company Nyxoah pursuing a novel approach. The company’s device (pictured) stimulates the tongue nerve during sleep, triggering…