Rhythm receives R&D tax incentive refund Predictive cancer diagnostics technology company Rhythm Biosciences has received multiple tranches of its research and development tax incentive (RDTI), totalling $3.23 million. This total is made up of approximately $1.24 million in relation to FY23, being a second tranche of funds following the submission of an amended FY23 tax…
Brain imaging company EMVision Medical Devices has revealed what it called ‘exceptional’ results for its world-first emu scanner to identify stroke and stroke type. In total 307 participants were enrolled in the EMView trial and scanned with the EMVision emu brain scanner (pictured) at Liverpool Hospital, Royal Melbourne Hospital and the Princess Alexandra Hospital, including…
Tissue regeneration developer Osteopore is to invest in a new entity, Regen SPV, to be setup by scientists Dr Xianmin Zeng and Dr Brian Kennedy. Regen SPV aims to advance cutting-edge regenerative technologies, disease cures, and the promotion of geroscience and longevity. Its work will continue to advance the broader understanding of aging and the…
Optiscan Imaging and Monash University have agreed to work together on its its project to develop the next-gen gastrointestinal (GI) flexible endomicroscope and Edge-AI-enabled technology. The agreement represents a further extension of the longstanding relationship Optiscan has with Monash University, with the company’s technology originally created at the university. AI capabilities are critical to Optiscan’s…
Health technology developer Cardiex has begun to receive pre-orders in the United States for its CONNEQT Arterial Health Assessment, which comes complete with the CONNEQT Pulse vascular biometric monitor (pictured). Following a successful waitlist and nurturing of the 20,000 sign-ups for Pulse, exclusive invitations for pre-orders have now commenced, according to the company. The milestone…
CSIRO solar cell printing facility unveiled Solar cells that can be printed onto flexible film have been made possible through a new CSIRO Printed Photovoltaics Facility that uses roll-to-roll printing technology to produce high quality cells at large scale. The new $6.8 million pilot facility is being funded by CSIRO and the Australian Renewable Energy…
Sleep apnoea treatment business ResMed has launched its new AirTouch N30i product – manufactured at Bella Vista, New South Wales – in Australia, describing the new nasal mask as combining softness, breathability, and a high-performance seal. The company’s first fully-fabric mask is “a fabric-wrapped frame featuring a soft, breathable, and moisture-wicking design”, ResMed said on…
GreenHY2 receives first grant funding for Telstra project Hydrogen Energy storage manufacturer GreenHY2 has received the 1st Instalment of the grant funds allocated by the federal government to provide its Hy2MEDI generation and storage system to Telstra. The amount received is $432,000 plus GST, with the total grant for the project valued at $1.5 million.…
Three innovative Australian SMEs will use the power of data and artificial intelligence (AI) to enhance their medical products and become internationally competitive as part of a new accelerator starting this month. Cortical Dynamics, Microbio, and Resonait Medical Technologies have been selected for the Biomedical AI Sprints Accelerator (BASA) run by leading innovation centres the…
Changes made to Austal’s board Perth shipbuilder Austal has announced two changes to its Board of Directors. After serving six years as a non-independent director, Chris Indermaur will not seek re-election at Austal’s upcoming AGM and will retire. Austal has appointed experienced international finance executive and board member Brent Cubis as a non-executive director (NED).…
