ANDHealth, an Australian organisation devoted to supporting digital well being firms of their commercialisation journey, not too long ago introduced the 2 12 months business development outcomes of its first 10 ANDHealth+ cohort firms on the World HLTH Convention in Las Vegas, USA.

Based on its official launch, ANDHealth has onboarded 10 firms since 2017, elevating A$24 million in new capital, creating 119 new jobs, producing A$7.5 million in new revenues, and promoting to 139 clients. 524 business pilots and 23 medical research of those modern merchandise have now been undertaken the world over and 44,895 sufferers/customers have to date benefited from these disruptive Australian digital well being applied sciences.

ANDHealth cohort firms embody:

  • CancerAid – an app that helps and offers schooling and knowledge to most cancers sufferers and households via a group platform, well being teaching, and clinician-connected care; 
  • Atmo BioSciences – an ingestible tablet sensor which offers real-time gasoline info for intestine well being prognosis and administration;
  • Seer Medical – hospital normal epilepsy monitoring and prognosis delivered digitally within the residence, together with an app to maintain monitor of seizures; and
  • Vitalic Medical – a non-invasive monitoring system that detects early indicators of affected person deterioration and alerts workers to potential falls.

Following the success of the preliminary 2-year pilot, ANDHealth is in late stage discussions with new {industry} members internationally, and is {looking} to have interaction with key authorities companies who recognise the vital have to help the nascent digital well being sector to ensure that Australia.

THE LARGER TREND

In July this 12 months, ANDHealth partnered with a consortium of main medical analysis institutes and universities in Western Australia (WA), led by the Telethon Youngsters Institute, as a part of the State’s first Digital Well being Accelerator Program. Underneath the brand new partnership, ANDHealth will ship its BRIGHT IDEATE and BRIGHT INNOVATE applications as a part of the Digital Well being Accelerator Program.

ON THE RECORD

“Our preliminary pilot funding from MTPConnect established ANDHealth as a novel industry-led intervention to help and turbocharge commercialisation of Australian applied sciences within the quickly rising digital well being sector.”

“We got down to disrupt the way in which commercialisation help and accelerator applications have been delivered through a novel non-profit construction, and we’re delighted with the success our cohort firms have achieved. These firms are actively exporting, manufacturing and creating excessive worth jobs for Australians,” stated Bronwyn Le Grice, ANDHealth Founder and CEO, in an announcement. 



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