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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 […]
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A Well-Constructed Path to Nowhere
Open letter to our Governments I am writing to urge immediate Government action on a critical issue facing local medical device developers, one that threatens the very sustainability and potential of this vital industry. Recent discussions at the AusBiotech and MTPConnect summit in Canberra illuminated the many challenges we face in bringing Australian-developed medical devices […]
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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 […]
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So You’ve Had An Idea
You’ve had a brilliant idea that will improve the lives of others. You’re caught up in the excitement of your invention and the possibilities of the future. You’re eager to get into development and dream of the day your functional medical device is in the hands of the intended users. It might be strange for […]
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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 […]
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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 […]
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What Drives One Doctor-Turned-Engineer to Keep Innovating – Dr Greg Roger
In surgery as well as engineering, Greg Roger understands why precision matters in innovation. Dr Greg Roger aspired to be a surgeon, also ended up an engineer, and was probably a born inventor. Nowadays, as well as being all of the above, he helps others to perfect and commercialise their medical technology ideas. Greg was recently interview […]
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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.
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Vestech Medical Sponsors MedTech’s Got Talent
In its 5th year, MedTech’s Got Talent is Australia’s largest medical device accelerator program. The program is a unique entrepreneurship challenge which supports emerging entrepreneurs to develop and refine skills in pitching a business concept, developing a technology roadmap, and launching commercialisation activities for their medical technology innovations. There is no charge to participate and […]
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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 […]
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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 […]
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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 […]
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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 […]
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Nurochek Clinical Trial Completed
Vestech is working with HeadsafeIP to create new brain assessment technology called Nurochek. We recently managed the successful completion of the pre-market pilot clinical trial, establishing the validity of Nurochek’s EEG response to Visually Evoked Potentials compared to an established clinical standard device as part of an FDA application. CE and TGA submissions are also […]
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Dr Greg Roger, FIEAust
Dr Greg Roger was selected by the Federal Government to spearhead Medical Device commercialization in Australia. His broad industry, regulatory, engineering, and medical experience made him the stand out candidate for the role. He has more than 30 years experience in the field of medicine, bio-medical engineering, product development, and commercialisation. Having developed, patented, and […]
