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MTP Connection | June 2025 No images? Click here Message from the CEOThe funding comes from our Targeted Translation Research Accelerator (TTRA) program and aims to help companies scale in our backyard rather than offshore. The 14 projects have attracted more than $17 million in additional industry contributions. Combined with MTPConnect’s investment, it’s a near $30 million down payment on the future of Australia’s brilliant life science innovators. To boost their chances of success, we are also backing the investment by connecting the funded companies to industry expertise through our unique partnership with CSL and Roche Diagnostics. We’re particularly pleased that 50 per cent of the funded SMEs are led by women which is well above the representation of women in senior management (26%) or CEO roles (10%) within STEM industries in Australia. And brilliant to see the Minister for Health and Ageing, Hon The Mark Butler MP, announce the effort to millions of viewers around Australia on 9News last night, with the story featuring Endo Axiom’s development of an oral smart insulin for diabetes. Congratulations to the successful companies – we look forward to working with you over the coming years to advance the translation and commercialisation of your innovation to help patients, carers, families and communities. We’re back from Boston and another big BIO conference, probably one of the most important for many years. Given global uncertainties and unpredictable business conditions, it was fantastic to see a near 500-strong contingent of Australians showcasing our country’s outstanding medical research, clinical trials and advanced manufacturing capabilities to the world. Building new and durable connections and partnerships is critical for navigating the upended global trade order and our events and value-add activities delivered in spades. Our sold-out two-day site visit program linked participants to the Boston life sciences ecosystem while our Australian Business and Networking Welcome Reception at the Museum of Science on the shore of the Charles River connected Australians with guests from around the world including South Korea, Taiwan, Argentina, New Zealand, Singapore, China, the UK, Saudi Arabia, Canada, United Arab Emirates, Japan, Ireland, France, Portugal and of course the US. And the high-profile Australian Pavilion with a prime position in the Boston Convention and Exhibition Centre hosted thousands of visitors, partnering meetings and biotech discussions. We also came together with our partners from South Korea and California for a collaborative seminar at the Korean Pavilion, highlighting the opportunities of running clinical trials in Australia, Korea and California. Thanks to C&R Research, Agilex Biolabs, CatalystBIO and our friends at BioCom California and the Korean Health Industry Development Institute (KHIDI). And for a highlight of our BIO activities, we gathered on the 58th floor of the tallest building in Boston for our Women in Life Sciences Leadership Forum with two powerful keynotes from Genentech's Kate Liebelt and BlissBio Health's Gloria Vanderham! It was truly a Team Australia effort, across industry and government, and it wouldn’t happen without our dedicated partners and sponsors. So heartfelt thanks to the state governments of New South Wales, Victoria, Queensland, Western Australia and South Australia, the Department of Industry, Science and Resources, Austrade, CSIRO and AusBiotech. And for their generous support of our BIO activities, thanks to Moderna, along with Arrotex Pharmaceuticals, CSL, Cytiva, Global Pharma Solutions, Novartis, Nutromics and Sanofi. And our Chair, Hon Jaala Pulford and I would like to personally thank our team who gave 100% to make our many BIO activities a success – Jo Glew, Jarrod Belcher, Dr Tracey Wilkinson, Dana Bell and Santhni Subramaniam. I would like to give a shoutout to Atmo Biosciences, a company funded and supported by MTPConnect through our BMTH accelerator. They’ve just secured U.S. FDA 510(k) clearance which means their ingestible gas sensing capsule to aid diagnosis of gut motility disorders will be commercially available in the US from July. It’s been a 15-year journey for this Melbourne-born startup out of RMIT University, and, like so many, the company’s commercialisation story is one of determination and collaboration. It is a great example of what can be achieved with strategic funding and expert accelerator support, dovetailing with curated US and international market programs that tackle regulatory approvals and reimbursement. It is a proven model and a pathway our new TTRA awardees are embarking on and we look forward to future successes. Now we are gearing up to join a trade mission to BIO Asia-Taiwan in Taipei later in July where we are delighted to be working with the Biotechnology and Pharmaceutical Industries Promotion Office (BPIPO) from Taiwan’s Ministry of Economic Affairs. And we have just opened registrations for our trade mission to The Medtech Conference in San Diego in October. Join our extensive visit and event program based around San Diego’s medtech ecosystem and leverage our in-depth US connections and knowledge. Best of all, companies who register for the delegation will automatically qualify as a co-exhibitor on the Australian Pavilion and can showcase their brand and contact information to the global medtech community. MTPConnect has also organised a special Flex Pass Rate for discounted conference registration. Back home we are kicking off our Pathway to Market - Medtech Capability Uplift Program with the ‘Medtech Selling to HealthMasterclass’ at Bosch Australia Manufacturing Solutions on 3 July, helping Victorian SME medtech manufacturers position themselves competitively for local health procurement opportunities. Register now. This month on the MTPConnect Podcast you will find our final episode featuring innovators taking part in our Australian Clinical Entrepreneurs Program (AUSCEP) delivered with ASME. NSW applications are now open for the AUSCEP program so listen in to find out why the program is making such an impact. The podcast also features an inspiring interview with co-founders of Brisbane-based Laronix who have developed a world-first smart, wearable electronic voicebox giving cancer survivors their voice back – a natural sounding voice, that is now available in US and Australia. We hope you continue to enjoy our regular newsletter and stay connected to opportunities, events and more as we work together to back Australian life science innovation. Kind regards, Stuart Dignam
MTPConnect & Industry NewsMTPConnect’s TTRA Program Invests $12M to Support Homegrown Heart Disease and Diabetes Innovations MTPConnect Champions Australian Life Sciences at BIO in Boston Join Our Medtech Selling to Health Masterclass Join our Trade Mission to The MedTech Conference New AUSCEP Program in NSW - Apply Now! MTPConnect Podcast Showcases Clinical Entrepreneurs Register your interest for the Australia Biotech Mission to BIO Asia-Taiwan SA Tackles Innovation in Antimicrobial Resistance SA Insights Explores 'What's Your Place in Space?' WA Hub Workshop Navigates IP Challenges WA Hub Spotlight Event Welcomes Singapore Life Science Organisations Congratulations to Professor Sharath Sriram on being named Western Australia's new Chief Scientist 💠 FivepHusion announces successful completion of Phase 1 component of the Deflexifol® at Relapse Trial (DART) in paediatric brain cancer 💠 Atmo Bioscience’s ingestible capsule has received US FDA regulatory clearance, paving the way for it to be marketed and sold in the US from July onwards to aid diagnosis of gut motility disorders such as gastroparesis & slow transit constipation. This follows a successful multi-site (US and Australia), pivotal clinical study. MTPConnect’s BioMedTech Horizons accelerator program backed Atmo’s innovation project back in 2020 to support commercial development of this innovation for gastrointestinal dysfunction. Sector Opportunities
Events
To see what events are coming up in 2025, visit our events page. Case Study Showcase | Real-time Imaging Device Designed to Get Breast Conserving Surgery Right the First TimeOur Clinical Translation and Commercialisation Medtech (CTCM) accelerator program is supporting innovative companies with non-dilutive funding and expertise to commercialise their medtech innovations. Find out how this support helped OncoRes Medical to complete its first nationwide clinical trial and progress development of its medical imaging device that could revolutionise breast cancer surgery. CTCM is an initiative of the Medical Research Future Fund. Read the case study!
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