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Australian gov’t invests $50 million to advance artificial heart development

The Australian Government has allocated $50 million towards the development and commercialisation of what it claims to be the world's most advanced artificial heart.

4DMedical receives $9.4 million payment following XV Scanner production progress

4DMedical, a respiratory imaging technology provider, has received $9.4 million from the Medical Research Future Fund (MRFF) after successfully reaching a production milestone for the XV Scanner, the world’s first dedicated lung scanner. 

CSIRO spearheads new Government-backed project to fast track COVID-19 treatments

A CSIRO-led project has received $1 million in funding from the Australian Government’s Medical Research Future Fund (MRFF), to identify new treatments for COVID-19,...

Monash, BiVACOR-led consortium to develop and commercialise world-first durable total artificial heart

Media Release A consortium of universities, hospitals and industry, led by Monash University and BiVACOR, have received $1 million in Federal Government funding to develop...

4DMedical-led joint venture granted $28.9M medical funding for new lung scanning tech

The Australian Lung Health Initiative (ALHI) has received $28.9 million from the Federal Government to achieve medical breakthroughs in lung scanning technology. The project entitled...

Micro-X receives $8M health funding to develop ‘game-changing’ portable brain scanner

Micro-X (ASX:MX1) has received up to $8 million from the Australian Government's Medical Research Future Fund to develop a portable CT scanner for stroke...

$10.4M funding announced for biomedical projects, including COVID-19 research

Thirteen early stage biomedical projects including various research into COVID-19 will share in $10.4 million funding from the second and third rounds of the Biomedical...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.