#07 🍩 What the Health - Finance jumps on the bandwagon, budget backs health & the hot winter events season
Your fortnightly healthtech TL;DR roundup
Well, what a week.
It was SO great to meet so many of you! Can’t believe how much I missed in-person events…
Thanks to everyone who braved the rain and made it to our first event in Melbourne. Our little Meetup group is now at 150 peeps...
Another shout out to Nutromics & Axiom IO for keeping us well hydrated 🍺
Looking forward to the next one.
If you’re keen to get involved or come to our next one flick me a note.
In other news, last year I half wrote an article on why instead of every company becoming a fintech company (claimed by a16z), everything will become a health company…
But that was back when I was too scared to hit publish.
Now Fintech and Healthtech are becoming one and the same. And the great race is on between all the old, and new, financial players…
Let the fun begin!
💸 Tyro to buy Medipass for $22.5M, backed by NAB Ventures - (afr - paywall)
♟️CBA makes moves into health buying Whitecoat for payments & bookings - (afr)
💪 Meet Remarkable’s 7 new startups helping empower people with disabilities
💊 StrongRoom announces endorsement deal with Pharmacy Essentials Group
💙 Former NAB CEO to raise $250M for purpose fund to invest in aged care
Budget Digest 💰 (Official Budget site here)
$354M to Womens health - Is this really enough?
$1.9B to COVID-19 vacs
$204M to Telehealth
$13.2B for NDIS
$1.5B for Manufacturing (including medical products)
$10.4M to Clinical trials (over 4 years)
Patent Tax reform for local med & biotech patents with a reduced tax rate of 17%
$42M to scholarships for women in STEM (over 4 years)
$2.4B to Medical Research Future Fund (continued)
$3.6B to NHMRC (continued)
$500M to Biomedical Translation Fund
Digital Economy Strategy of $1.2B (over 6 years)
More in ANDHealth’s summary here
🌏 Prospection, the healthcare analytics company, goes global
🍄 Psychedelics keep transforming how we understand depression and treatment
📱Wallmart follows Amazon acquiring telehealth company MeMD
💳 Buy now, pay later revamped retail - Healthcare’s next (shock)
🏥 Amazon Care takes a different angle with its new biz model
💉 Pfizer joins the tech titans in BCGs top 10 list of most innovative companies
🔐 Uniting Care Queensland fell victim to a serious cyberattack
📖 New Digital Health CONNECT NZ mag launches
🧬 Drop Bio joins forces with Virtus Health to improve IVF success rates
🏆 Health hits Times Top 100 Most Influential Companies including Tilray, Peleton & Headspace
Startup Stuff 🚀
📣 Need Help With Your Deck, Getting Investor Ready & Raising?
The Guild of Entrepreneurs & Diligr launched the “Raise Ready Accelerator” to help decode, support & fast track the cap raise process ft industry experts - More here
👩💼Woman in Medtech & After a Mentor (or Mentee)?
MTAA’s Mentoring Program for women in MedTech assists in professional and career development & nurturing solid relationships - Mentors & Mentees apply here
🌱 Want to Found a Company but Not Sure What Comes Next?
Startmate’s new Founders Fellowship provides a clear path to launching a company with the knowledge, guidance, and networks you need to succeed - More here
✨Keen to Learn Digital Health Commercialisation the Best In the Biz?
ANDHealth's 6-day interactive Masterclass helps navigate the pitfalls, processes, and pathways from local & global experts… AND free for startups - Find out more
🇨🇳 Exploring Expanding to China?
China Canvas Challenge’s free online 5-week program can help you learn about the market and tailor your strategy for product launch - More here
💡Got an Idea or Pre-Seed Stage Venture You Want to Bring to Life?
Founder Institute’s Virtual Spring Program is taking applications for Australia & New Zealand - Early apps close June 6
🇺🇸 Want to Learn About the Us System, Models, Regs & Routes to Market?
Nikhil from Out-Of-Pocket Health is launching a healthcare 101 course to get you up to speed real quick - EOI here
🧪 Got an Idea to Improve Plasma Purification and Increase IgG Yields?
Cicada’s global innovation challenge with CSL Behring seeks researchers, inventors, and startups with solutions with $40k and mentoring up for grabs - more here
For other accelerators & opps check out the last roundup here
17th - 21st May: AusMedtech 2021
18th - 19th May: AWS Accelerate
Thurs 18th May: Cyber Security for Healthcare Webinar
18th - 19th May: AWS Summit Online
25th- 27th May: Microsoft Build
1st - 2nd Jun: Digital Health Festival - Snag your free ticket here 🎫
7th - 9th Jun: 2021 Annual ARCS Conference - Sydney
10th -18th Jun: BIO Digital (Global Biotech Partnering Event)
15th - 16th Jun: Informa Innovate Health 2021 - Melbourne
15th - 18th Jun: Digital Pharma Innovation Week
18th - 20th Jun: MedCon21 (WA) - Perth
Thurs 24th Jun: Talking Healthtech Winter Summit
Consumable Content 💎
🔈Masters of Scale - Rapid Response: Inside Google’s Pandemic Safety Squad, w/Chief Health Officer Dr. Karen DeSalvo
🌈 Jax’s “On Delightful Product Experiences” delves into the business of delight
💲What should you get paid at a startup? Check out coda’s Salary Guide
🍄 Psychedelic Invest release the 100 Most Influential People in Psychedelics
📝VicHealth & MJA’s pub on how we can reimagine health over the next decade Australia in 2030: what is our path to health for all?
📖 annaliese.ai puts out a white paper on The benefits of comprehensive AI solutions for medical imaging
Juicy Jobs 🔥
HealthMatch - BDM, Recruitment, Growth, Product, Engineering & More
Eucalyptus - Marketing, Product, Eng, Development & More
Telecare - Technical Lead
HotDoc - Customer Success Team Manager & Head of Growth
Homage - Partnerships Manager
Harrison.ai - Senior Solutions Architect
Medipass - Project Manager
Sidekicker - Customer Success Manager (Healthcare)
Ovira - Operations Lead
Prospection - Head of Commercial, Project Delivery Manager, Technical Business Analyst & Product
Swoop Aero - Policy and Advocacy Manager, Brand & Comms, Interns & more
Coreplus - Events Manager
MedTech Actuator - Project Officer
Cicada Innovations - Program Coordinator
UNSW Founders - Program Coordinator – UNSW Entrepreneurship
Bupa - Digital Content Partner
Other Opps ✨
Want to Present At the Digital Health Institute Summit?
Seeking presenters from across hospitals, nursing, primary care, indigenous, aged and community care & multi-cultural services - More here
New Funding for WA SME Medical Manufacturing!
$400K matched funds are available through the MTPConnect WA Life Sciences Innovation Hub - Apply by 11 Jun
WA on Fire With Government's New Industries Fund
WA gov is giving out grants of upto $20,000 for eligible biz to enhance innovation - Apply before May 25th
Australian Technologies Competition Is Still Accepting Apps for Medtech & Pharma
Impact Ventures late-stage accelerator and partnerships program to help accelerate scaleups with global potential - Apply here
Growth Marketing Where You Want to Go?
Inco academy is running free courses to help upskill the next generation of tech professionals - Apply here
Want to Improve Healthcare Data Privacy?
AIDH is forming a group to position a statement for submission to OAIC supporting future projects in healthcare data privacy - EOI close Tues 18th
Keen to Create Professional Development Training in Digital Health?
Calling for EOIs to develop a series of ‘delivery ready’ ed/training modules as intro professional development courses on digital health - More here
Okie dokes folks - that’s all this week.
Got some feedback? Thoughts? Found something cool?
Hit Reply and let me know!
Until next time
"everything will become a health company" 👏👏👏
Also because this guy is HILARIOUS here is a great vid on the Times list of top companies https://www.linkedin.com/posts/danielhtoomey_humor-is-one-of-the-best-communication-tools-activity-6799853052494000128-r8Xc