The Victorian government has announced backing for pharmaceutical manufacturer IDT Australia to boost production of live-saving cancer treatments. IDT Australia will build a new facility in Boronia, Melbourne to manufacture Antibody Drug Conjugates (ADCs) which have the specificity of monoclonal antibodies and deliver chemotherapy agents to cancer tumor sites. ADCs are set to replace almost…
EOS appoints new head of EOS Defence USA Defence manufacturer Electro Optic Systems has appointed Shawn Baerlocher as CEO of EOS Defense Systems USA where he will work with Christian Tobergte, Executive Vice President, Defence Systems (International). Shawn brings over 30 years of experience in leading multiple defense programmes across the entire Department of Defense…
Cyclopharm’s Technegas radiopharmaceutical imaging system has achieved a streamlined reimbursement approval process in the United States, boosting its prospects in what is the world’s largest market. The Sydney company has received a Coding Determination for Technegas from the Center for Medicare Medicaid Services (CMS), which means users will have a unique identifier which streamlines their…
Medical device and implants developer Signature Orthopaedics, RMIT University and the University of Melbourne have announced a new partnership, aiming to bring new personalised medical implant technologies to market. In a statement on Monday, the partnership was described as linking the company with research excellence in biomedical engineering, health, medicine, technology development and design. The…
Ten Victorian manufacturers will boost their innovative capabilities through new grants announced under the state’s $15 million Made in Victoria – Industry R&D Infrastructure Fund. The Minister for Jobs and Industry Natalie Hutchins announced the grants, highlighting support for medical technology developer PolyNovo. The Port Melbourne company designs, develops and manufactures skin regeneration products to…
Micro-X raises cash, accelerates product commercialisation Cold cathode X-ray machine manufacturer Micro-X has raised $4 million in a placement including from all four substantial shareholders and will embark on a share purchase plan to raise a further $1 million. The raising is being made at 9.5 cents a share, a 17 percent discount to the…
Titomic announces sale of TKF metal 3D printing systems 3d printer manufacturer Titomic has announced the sale of cold spray additive manufacturing systems and associated equipment to Spanish technology centre Fundacion Centre Technologico Miranda de Ebro (CTME). The sale includes D633 medium-pressure and D523 low-pressure cold spray systems, a powder feeder and integrated spray booth…
The federal government has released its Medical Science Co-investment Plan, following the announcement of a proposed Future Made in Australia Act in response to international attempts to shore up domestic industry. The co-investment plan, released on Monday morning, identifies “a broad range of high-value investment opportunities” in medical technology, according to a statement, as well…
Laboratory automation manufacturer LBT Innovations has announced that its APAS PharmaQC automated pharmaceutical manufacturing quality control system was now commercially ready after an extensive period of R&D. Primary validation of the device has been completed and the technology formally released to pharmaceutical manufacturer AstraZeneca, a partner in the development. APAS PharmaQC provides automated imaging, analysis…
Atomo Diagnostics sells HIV self tests Atomo Diagnostics has secured purchasing orders from Vitaris Healthcare for $970,000 worth of Newfoundland HIV self-tests, manufactured by Atmo under the Mylan brand. The kits, which are destined for a number of low and middle-income (LMIC) countries, will be manufactured during H2 FY24. Founder and CEO John Kelly said:…
