In 2022, Australian Health Journal begins coverage of the Australian Medical Technology Startup industry with companies that have gone beyond concept and have in place a timeframe for market access. Along the way they still have challenges, including reimbursement, clinical trials and funding, yet the companies are run by strong management leadership.
The first company in the series is Melbourne based Nutromics looking to solve some of the biggest healthcare challenges, by delivering on a mission to revolutionise precision medicine with Continuous Molecular Monitoring (CMM). Nutromics is developing biosensor technology integrated into a small and unobtrusive wearable smart patch.The software solution aims to be flexible and designed to connect with mobile and web solutions for integration with consumer health software and hospital platforms.
Australian Health Journal spoke with Co-Founders and Co-CEOs Peter Vranes and Hitesh Mehta on the development of the Nutromics’ CMM platform to provide clinicians with continuous, and real-time insights into drug monitoring (vancomycin to start), assisting with dosing and improving patient outcomes. In 2021 Nutromics secured AUD$5.7million of funding from private investors.
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The 2019 John Deeble Lecture and Panel Discussion
The John Deeble Lecture and Panel Discussion was established by the Australian Healthcare and Hospitals Association to commemorate the life and achievements as distinguished scholar, health economist and health policy leader, Prof John Deeble AO.
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Sovereign capability uplifted
Skilled labour, in particular skilled in the manufacture of MTP products, namely competency in Good Manufacturing Practice (GMP), was identified as one of the key priorities, according to Jarrod Belcher, Director of the REDI Program at MTPConnect. Through a competitive process, MTPConnect selected additional industry training providers to deliver new programs addressing key skills gaps in the sector workforce.
Launched in September 2022, one of these programs is GMP Uplift developed by the Centre for Biopharmaceutical Excellence (CBE). CBE bring experience across large and small Biologics, Pharmaceuticals and Regenerative Medicine companies, both in consulting and GMP related enterprise training. CBE staff also have extensive experience in GMP operations, compliance, auditing and QMS design, a wide industry network for guest lecturers and readily available case studies.
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Landmark research projects tackle critical issues in emergency healthcare
For two decades, the demand for emergency department services in Australia has outpaced population growth and wait times have increased. In 2022-2023 more than 8.8 million emergency department presentations occurred nationwide.
While demand is a contributing factor, EDs are currently being impacted by various factors across the entire health system.
The Emergency Medicine Foundation (EMF) is a non-profit organisation funding innovative Australian research that improves the way people are cared for in a medical emergency. The aim of the research is to deliver better and more effective health services to save lives and money.
