South Australia’s position as a leader in medical technology innovation has been cemented thanks to $1.5 million in State Government funding.
Launched in South Australia in 2008, the Medical Device Partnering Program (MDPP) was founded by Flinders University and is based in the laboratory facilities at the Tonsley Innovation District. Since its inception, the MDPP has played a critical role in driving early stage development and manufacturing of innovative medical and assistive technologies.
Minister for Industry and Skills David Pisoni said the funding will boost the state’s growing medical technology sector and encourage greater collaboration between industry and researchers to help turn ideas into investable technologies for global markets.
“Our $1.5 million investment confirms South Australia is home to the national Medical Device Partnering Program and highlights our state’s position as a national leader in medical technology development and commercialisation,” said Minister Pisoni.
“Over the next five years, the program will support approximately 30 projects, creating up to 15 medical technology start-ups and knowledge-based employment opportunities in South Australia.
“We want to grow the state’s medical technology pipeline to help existing companies and start-ups leverage and connect with research and commercial expertise, clinical and health professionals and manufacturers to rapidly develop ideas and bring them to market.
“The medical technology sector is thriving and we want to give South Australian businesses and manufacturers every opportunity to develop new capabilities to tap into these opportunities.”
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