ANZ news
Australian Pharmaceutical Industries, a wholly-owned subsidiary of ASX-listed conglomerate Wesfarmers, is buying local telehealth business InstantScripts for A$135 million ($91 million).
Founded in 2018, the online health clinic offers a range of digital services, including telehealth consultations, online prescriptions, medical certificates, blood test requests, health management plans and...
Diagnostics company Nutromics has raised A$11 million ($7 million) ahead of its Series A funding round later this year.
WHAT IT'S FOR
The company has been raising funds for the imminent commercialisation of its continuous diagnostic monitoring technology.
Established in 2017, Nutromics has been developing a "lab-in-a-patch," which uses DNA sensor technology to track multiple targets, such as...
Over two years since it was first acquired, GP2U Telehealth is being sold off again.
Its parent company, UK-based Doctor Care Anywhere Group, signed a share purchase agreement to sell its Australian subsidiary to My Emergency Doctor for A$3 million ($2 million).
The deal, which is still subject to shareholder approval, is expected to be completed by end June.
WHY IT MATTERS
In a media release,...
Engineering and IT researchers from Monash University have combined nanotechnology and AI to create wearable technology for remote health monitoring.
They came up with an ultra-thin wearable patch that is worn on the neck to measure speech, neck movement and touch, as well as breathing and heart rates. It does this using a frequency/amplitude-based neural network called Deep Hybrid-Spectro, which...
ML tool predicts Parkinson's onset
A research team from the University of New South Wales, together with their collaborators from Boston University, has come up with an AI tool that could be potentially used to predict Parkinson's disease years before the onset of initial symptoms.
The machine learning tool called CRANK-MS, (Classification and Ranking Analysis using Neural network generates...
annalise.ai expands to India
AI radiology company annalise.ai is continuing its global expansion with the opening of its first location in India.
Its entry into one of the fastest-growing medical device markets in the world aligns with its fast-paced growth trajectory while increasing its visibility and capabilities in other new markets such as the United States, the United Kingdom, Europe, and...
1st Group sells MyHeath1st to HealthShare
ASX-listed 1st Group has sold its human health bookings business to digital health firm HealthShare for A$1.25 million ($830,000).
According to corporate disclosure, 1st Group is divesting its healthcare service search and appointment bookings platform MyHealth1st to plug cash outflows while focusing its capital investments on its other businesses,...
Researchers from Monash University's Turner Institute for Brain and Mental Health have developed a mobile app that helps personalise the sleep-wake cycle of hospital shift workers.
HOW IT WORKS
The app called SleepSync entirely tailors a sleep-wake cycle to an individual user by taking into account their calendar for work and personal commitments and daily logging of actual sleep/wake times and...
See-Mode receives ANZ approvals for its AI breast, thyroid imaging solution
Melbourne-based See-Mode Technologies have recently obtained regulatory approvals in Australia and New Zealand for its AI-powered breast and thyroid ultrasound solution. It is now looking to work with healthcare providers in the region to deploy its software technology.
See-Mode uses AI to detect lesions in ultrasound...
Australian startup Mindset Health has scooped up $12 million in a Series A funding round led by King River Capital. The round was also joined by Tenmile, Yard Ventures, WordPress founder Matt Mullenweg, Linktree founders Anthony Zaccaria and Nick Humphreys, and Banana Capital, among others.
Launched in 2018, the company develops a range of hypnosis-based DTx apps which address health conditions...
