#32 🍩 What the Health - Open source research for all of Aus(?), WTH Community Launch & Amazon's next crack...
Your fortnightly healthtech TL;DR roundup
Happy Friday friends, There’s s now an incredible 3451 of you!! Wild 💜
Last week we OFFICIALLY LAUNCHED OUR EXCLUSIVE COMMUNITY 🎉 😊 🙌 Ft 80 epic legends in our OG crew. Beyond amazed and grateful for the great humans and expertise in this group.
For those who need a refresher on what on earth the community is, here are the deets.
It was pretty darn… not shit (I think?). Ok, fine… it was epic.
Missed out? Want to join next time? 😊
Now onto the good stuff… minus the fluff…
📣 Event Feature
🎶 #shareasong Launch Event 2022
Music Health is hosting an epic panel and networking sesh ft. beloved singer Missy Higgins to launch their #shareasong campaign - highlighting music's powerful impact on healthcare, with a focus on dementia
📍 Tues Nov 22nd, 5pm
📅 Sydney
👉Get your free tickets here
Noteworthy 🗞️
Funding Fun
🫀Vexev, the Medtech building the next generation of non-invasive vascular imaging celebrated $8.5m to ramp up the global expansion of its 3D medical imaging device
👂Kara Technologies, a Kiwi startup helping make sign language more accessible in the media for deaf people ft epic new advanced avatars closed NZ$1.3m
🦠 EnGeneIC, the biotech that created new ways of delivering cancer drugs that are more potent, and less toxic via vectors is raising a $20m bridge to get it through to a NASDAQ IPO next year
📱Kindship, the first Aussie social network app for parents raising children with a disability closed $1m through their crowdfunding campaign
💉Veintech, who are out to make vascular procedures easier ft. imaging snagged $1.5m
17 other orgs also snagged upto $500k each from WA’s Innovation Seed Fund 2022, designed to provide WA health and medical innovators the opp to be more competitive, secure follow-on funding and developing into sustainable businesses
💦 WearOptimo, the QLD company en route to enable easy non-invasive dehydration detection via a tiny wearable patch bagged $5m and enters clinical trials
Holon IQ also made a cute map of 100 companies
Worth Knowing
💰 Aus’s Chief Scientist, Dr Cathy Foley, has a plan she’s going to pitch to the gov to make free research access for all. And reckons it can help with economic and social issues
🤦🏼♀️ The report commissioned by the Department of Health and Aged Care found no evidence to justify the claim $8bn of Medicare funding is being lost annually through fraud and waste. So glad we all wasted time and energy slandering our GPs… 🙃
🚨Cybersecurity woes get worse with hackers blackmailing Medibank and releasing data to the dark web
🧠 Medibank is rumoured to be taking a gander at mental health biz Aurora Healthcare
📣 ANDHealth announced its latest cohort for ANDHealth+. Congrats…
😓Aussie pain assessment app PainChek is entering the EMR market through an integration with InterSystems’ IRIS
🤝Hayylo and Umps formed an epic partnership to help care providers transition to the new Support at Home reforms - and just be better
🤖 The Digital Health CRC is collabing with PeterMac Cancer Centre to use Max Kelsen's AI-based data information platform to aggregate its crazy big datasets. And hopefully - help support R&D and innovation to support clinician decision-making and ultimately improve patient outcomes
💩 BiomeBank announced its world-first TGA regulatory approval for its donor-derived, microbiome-based drug product BIOMICTRA, which restores gut microbiota in the treatment of C. difficile infections
🔬 Cicada Innovation is coming to Melbourne! With CSL and Uni Melb announcing them the operator to manage a new start-up incubator supporting early-stage biotech companies
☀️ Advance QLD announced their backing Female Founders program with the aim to back and grow QLD Innovation businesses founded by women
🏋️♂️Vitruvian made it into Time Magazine’ss Best innovations of 2022
Government Goss
💊 NSW Pharmacists are set to prescribe medications, such as contraceptives and antibiotics for uncomplicated conditions under a new system shake-up - and hopefully unblock a heap of potential and backlog
📜The Medical Research Future Fund (MRFF) released its Australian Medical Research and Innovation Priorities for 2022-24 ft retros and implementation plans
🏞️ Perth is investing $4m to create a nature playground and a natural learning precinct next to Perth Children’s Hospital
🏥 Westmead opened stage 1 of its epic new Innovation Quarter
🖥️ QLD launched the QDHeC (Queensland Digital Health Centre) to “generate new research and innovation and speed up translation into improved digital healthcare”
US & Beyond the Borders
👩⚕️ Amazon launched its newest healthcare foray, Amazon Clinic - a virtual health service that delivers convenient, affordable care for common conditions through a marketplace-style approach
✅ AWS launched yet another global accelerator… with a focus on driving new digital solutions for the global healthcare workforce
🌍 Google Cloud announced 3 new Healthcare Data Engine (HDE) accelerators—to address common use cases around health equity, patient flow, and value-based care
🎶 Spotify founder, Daniel Ek, supposedly has a secret healthtech startup set to shake up preventative health
🎮 DeepWell DTx is on a mission to get you games prescribed, with its in-house therapeutic games studio
🤑 Johnson & Johnson is buying heart pump maker Abiomed for a whopping US$16.6bn
🧠 Cerebral, once the fastest-growing provider of online mental healthcare, is facing a little controversy as claims say ill-equipped to treat those who didn’t disclose substance-use disorders - leading to deaths and overdoses
🎨 Roche introduced “navify” to the world, its new brand for digital health solutions
👎Researchers have long been made to get by on peanuts, but the new data on the scandal of researchers paid less than a living wage is starting to get seriously concerning… and putting science at risk
Startup Stuff 🚀
Startup innovating for our aging population?
AWS launched a new Healthcare Accelerator in Australia and New Zealand focused on Aged Care - check it out here
Founder at the Pre-Series A to Series B Stage and looking to level up?
KPMG’s epic Upside program helps you get the best out of you, your team and your business with a killer program, mentors and advisors to help you be your best self - Apply for 2023 cohort here
Digital health company and want 1:1 Advice with a world-leading digital health expert?
ANDHealth, via the Connected Health Innovation & Commercialisation Centre, is offering Vic Companies 1-1 Office Hours sessions with Lisa Suennen, a US Digital Health expert and Venture Partner - More info & Register here
Looking for sources of funding?
Check out startup-funding.com.au for a list of epic Aussie funding options
Women Founder? Or got an idea you want to get going?
Apply for the Girls in Tech Startup Challenge 2022 - a global pitch comp ft. cash prizes to help grow and launch the business, exposure to the VC community and mentoring - More here
Keen to nab a Uni partnership? The CSIRO now has a free tool to help
The CSIRO launched a free online tool preparing SMEs for partnerships with unis and research institutes, helping founders navigate what can be a highly complex and time-consuming process - Check it out here
Events💥
Tues 22nd Nov: Startupbootcamp’s Angelsbootcamp
Thus 24th Nov: Recognising our most outstanding startups, founders and mentors
Thu 24th Nov: Talking Healthtech Spring Summit
Wed 30th Nov: The Digital Health Problem Pitchathon
Tues Dec 6th: ANDHealth Digital Health Summit: The Awakening Giant
7th – 8th Dec: Victorian Healthcare Week Expo
Thurs 8th Dec: Due Diligence in Digital Health with Lisa Suennen | Investor Masterclass
Mon 12th Dec: Female Investors Unfiltered: An Anything Goes Fireside Chat
Mon 12th Dec: CHICC Expert Workshop Series: Creating Value, Becoming Investable & Surviving Due Diligence, with Lisa Suennen
Wed 14th Dec: AusBiotech and BioMelbourne Network VIC End-of-Year Function 2022
Consumable Content 💎
🎙️The Diary Of A CEO with Steven Bartlett #189 Whoop Founder: How I Built A $3.6 BILLION Company & BEAT Apple! Will Ahmed
📚a16z reckons the biggest company in the world will be a consumer health tech company… What have we been telling you 😉
🦋 Brandon Capital’s Christina Kulis has a great piece on Taking the leap: transitioning from academia to industry - and how you can navigate the crazy journey, challenges and opportunities
💡 Franklin.ai wrote about how to get a job at a healthtech startup
👇 You should read this if you are a founder, CEO or manager…
ICYMI - Magda’s Big Health Check on ABC is 🔥
Did you know snacking was invented as a marketing ploy by big companies? Ah god bless consumer culture
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💼 Jobs, Jobs, Jobs
Keen to be featured? Post your roles here!
Thoughts? Did we miss something? Just want to say hey? Hit reply 💌 I’d love to hear from you!
Thanks to Zach, Charlotte, Phil, Emerson & Liv for sharing cool things in the community which made it into this edition!
Hasta la vista
👋 Emily
With thanks to our partners 💜
