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Reimbursement Risk in Medical Device Innovations

Time-strapped professionals in the medical device space!  I know you’re busy, so I’ve made it easier for you to stay informed. I’ve attached an audio summary of my recent posts on reimbursement and innovation in the medical device industry. This “podcast-style” summary covers key insights, along with some valuable nuances you won’t want to miss. Dr Greg […]

Crucial Role of Reimbursement Support in Medical Device Innovation

Innovation in the medical device sector has the potential to revolutionize healthcare, improve patient outcomes, and reduce overall costs. However, the path from concept to commercialization is fraught with challenges—particularly the risk of securing reimbursement. While technical, regulatory, business, practitioner uptake, and outcomes risks are significant, reimbursement risk stands out as the single most crucial […]

Neuromersiv Cleared by TGA

Neuromersiv has announced the inclusion on the ARTG of their novel brain rehabilitation device. This clears the way for commercialisation of this new treatment in Australia and marks the culmination of Neuromersiv’s work with Vestech Medical in developing their QMS as required for their Class I software device. Neuromersiv, a Medtech start-up, has a vision […]

Sydney University & Vestech Medical Develop TGA Cleared Emergency Ventilators

At the beginning of the Covid19 pandemic Sydney University was engaged by the NSW Department of Health to develop an emergency ventilator. At the early stages it was not clear how severely Australia would suffer with the pandemic and NSW Health had determined it was better to be prepared. Under the supervision of Bio-enginnering Professor […]

Urucu to Establish Clinical Trials

Urucu, a Brazilian natural therapy, has been launched in Australia as a skin moisturizer. Vestech Medical is assisting IPS, the makers of Urucu, with developing a clinical trial strategy to assess the validity of a number of therapeutic claims made for this compound in Brazil.

Vestech Medical works with UTS Students to Develop Novel Navigation Approach

Cryptych’s Precision Fiducial Screw, used in Australia and the United States to monitor computer navigation accuracy during spine surgery, was used to provide data to a team from University of Technology Sydney to assess the ability to quantify deformity correction in real time during surgery. The UTS team have developed an algorithm to take the […]

New Blood Pump

Vestech has been engaged by a Perth based technology company to assist in development of their novel blood-pumping device for both external and implanted applications. Vestech has brought together a team of cardiac surgeons and experienced cardiac device engineers, as well as Vestech’s own internal team, to bring this technology into clinical use. Initial trials […]

Vestech Medical works with Headsafe

Vestech has been working with Headsafe, led by Dr Adrian Cohen, who is also a senior lecturer at the University of Sydney, to develop a practical, immediate, and reliable means of assessing visual evoked potentials (VEPs) in a real world setting. Typically VEPs are measured in a lab and take some time. This new method […]

3D Printing of Living Cells Collaboration

Vestech has been working with Inventia Life Sciences, a spin out from the UNSW, developing a world-first high precision 3D printer for living cells. In addition to working on clinical and surgical applications, Vestech assisted Inventia Life Sciences with their recent successful Accelerating Commercialisation Grant, which is administered through the Federal Department of Industry. Vestech continues...
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