Medical Alley is a powerhouse in global healthcare innovation, connecting startups and Fortune 100 companies to transform healthcare solutions. Headquartered in Minnesota, it’s one of the world’s largest medtech clusters.

At the 2024 MedTech Conference in Canada, MTPConnect and Medical Alley renewed an MOU to strengthen collaboration and support for Australian medtech companies looking to expand internationally.

Now, Medical Alley is launching a game-changing online training program, Medical Alley Academy, designed to help innovators move into the US market - a great opportunity for Australian companies to tap into.

Joining Caroline Duell to talk about this exciting initiative are Medical Alley CEO Roberta (Bobbie) Dresson and MTPConnect CEO Stuart Dignam.

What’s in this episode?

·       How Medical Alley is shaping the future of medtech

·       The changing trends and challenges in the US medtech ecosystem

·       All about Medical Alley’s new online Academy training 

·       Key opportunities for Australian medtech companies to expand to the U.S.

Tune in for expert insights and actionable advice for taking your medtech innovation global! 🎧✨

Dive into another episode coming to you from MTPConnect’s Development Workshop Series held recently in Sydney for 52 start-up organisations from around Australia. The 2-day program was a terrific opportunity for companies participating in our Accelerator programs to get ‘investor ready’.

Exportia Australia’s Christelle Damiens, an entrepreneur and award-winning author, shared her insights in the workshop “Accessing Global Markets”. Christelle is described as the go-to person for Australian companies looking to expand into the European market and she shared her methodologies, winning strategies and key learnings from more than 20 years of business development in Europe. 

Christelle joined host Caroline Duell at the event to discuss the complexities of the European regulatory landscape, some advice on export readiness, and the value of outsourcing sales and marketing to European experts and finding the right distribution partners to help you scale. 

This episode is coming to you from MTPConnect’s Development Workshop Series held in Sydney for 52 start-up organisations from around Australia. The 2-day program was a terrific opportunity for companies participating in our Accelerator programs to get ‘investor ready’.

Advisory firm Intrinsika’s workshop, ‘Finding Your Intrinsic Value’, focused on how to reframe a company’s value beyond the financials, by identifying and maximising unique assets and pitching this value to investors.  

Intrinsika’s Brett Kensett-Smith and Michael Masterson joined host Caroline Duell at the event to discuss the importance of differentiating your company to capture investor attention and nailing a 30 second pitch. They share their list of intrinsic assets to consider including trade secrets and effective brand building and explain how cleverly navigating the patent landscape can make all the difference to companies looking to scale up.

The Australian Stroke and Heart Research Accelerator, established through MTPConnect’s Targeted Translation Research Accelerator for cardiovascular disease and diabetes on behalf the Medical Research Future Fund, is a research centre with a bold vision to deliver new health outcomes in coronary artery disease, heart failure and stroke.

Through clinical impact and entrepreneurship, an Australian wide network of academics, institutions, and industry partners are driving a high potential research portfolio and an education and training program with a commercialisation focus.

We talk to stroke and heart research experts Professor Geoffrey Donnan AO and Professor Jason Kovacic about the Centre’s groundbreaking work covering various pipeline projects, including BiVACOR’s Total Artificial Heart, advanced tele-robotic thrombectomy technologies and a national research clinical trials register, all aimed at improving health outcomes for Australians.

Joining host Caroline Duell is Lauren Kelly, MTPConnect’s Senior Director, Targeted Translation Research Accelerator (TTRA) for diabetes and cardiovascular disease.

We meet Dr Daniel Timms, the Australian biomechanical engineer behind BiVACOR who has dedicated his life to developing a titanium Total Artificial Heart (TAH) to restore the lives of people with end-stage heart failure, a disease that impacted his own family.

It’s a 25-year quest that has taken him from a PhD at QUT, developing the device with his father in his parent’s kitchen in Queensland, to collaborating with experts around the world and expanding operations to the US on his mission to save lives.

In 2024 Daniel made history in Texas, with the first successful implantation of the titanium heart into a patient awaiting a heart transplant, as part of an FDA feasibility study. Since then, several patients have received the heart as a bridge to a heart transplant and now Australian patients will be involved in clinical studies.

MTPConnect’s Targeted Translation Research Accelerator program for diabetes and cardiovascular disease, an MRFF initiative, has supported BiVACOR ’s development of a more portable external controller to allow for long-term use with the heart.

News of BiVACOR’s innovation has spread around the world as patients have shared their story of second chances after receiving the implant. Now we hear Daniel’s story, how the TAH is designed, his inspiration and approach to innovation, collaborations with NASA and transplant surgeons around the world, his plans to expand operations in Australia and what’s next for the privately held company he has put his heart and soul into as he aims to develop the TAH as a long term device that patients can have for the rest of their lives.

As World Antimicrobial Resistance Awareness Week (WAAW) kicked off around the globe, the Australian Antimicrobial Resistance Network (AAMRNet) was meeting in Canberra to explore how Australia can better support the development of and access to new antimicrobial technologies. 

Key clinicians, researchers, industry and government representatives gathered to discuss how a subscription-style funding model for new antimicrobials might be adapted to be fit-for-purpose in Australia.

It’s an idea turned into reality by the UK’s National Health Service (the NHS) after it successfully piloted a world-first subscription reimbursement model, with the goal to improve access to much needed antibiotics, and at the same time incentivize the pharmaceutical industry to develop new antibiotics to tackle superbugs. 

David Glover, Assistant Director of Medicines Analysis at NHS England joined the workshop to explain the UK model in detail.

Afterwards he had a chat with Caroline Duell for the MTPConnect Podcast about the impetus for this pioneering approach, why paying manufacturers a fixed fee for antimicrobials can boost drug development and why this UK model, which is now being expanded, benefits governments, companies and patients. 

It’s World Antimicrobial Resistance Awareness Week (WAAW) and the theme is "Educate. Advocate. Act now". It’s a yearly global campaign, raising awareness of antimicrobial resistance (AMR) and promoting ways to reduce the spread of drug-resistant infections. 

To mark the occasion, MTPConnect’s Andrew Bowskill, Co-chair of the Australian Antimicrobial Resistance Network, AAMRNet, and Anne Harris, Managing Director of Pfizer Australia and New Zealand join host Caroline Duell to discuss new approaches to fighting superbugs. Why it needs to be tackled holistically with a ‘One Health’ approach across all sectors, including the environment, animal health and agriculture. They discuss the role of vaccines as the first line of defence, and why a new subscription-style reimbursement model in Australia will help support equitable access to new treatments and restimulate investment in antibiotics R&D to meet future needs. We also find out how the recent upgrade to Pfizer’s manufacturing facility in Melbourne is an important development in the fight against AMR.

As thousands in the medical technology sector headed to Toronto, Canada for The MedTech 2024 Conference, MTPConnect was making sure that the 18 companies and organisations joining the Australian delegation were given opportunities to showcase their capabilities and make valuable US and international connections with a stopover in the medtech hub of Minnesota, before hitting Toronto.

In this podcast special from North America, our MTPConnect CEO Stuart Dignam caught up with Kylle Jordan from Destination Medical Centre at the Mayo Clinic campus in Rochester Minnesota ahead of the Medtech conference to find out more about the 20-year initiative underway to expand the hospital precinct as a global medical care destination.

Then it was on to the three-day MedTech Conference. MTPConnect signed an MoU with Medical Alley and Stuart talks with their new president and CEO Roberta Dressen about working together to foster global partnerships in health technology.

Stuart was on the ground at the Australian Pavilion and caught up with some of Australia’s medtech movers and shakers including iYarn’s Founder and CEO Lockie Cooke, University of Melbourne’s Principal Research Fellow, Optometry and Vision Sciences, A/Prof Lauren Ayton, Materia Health’s Founder, Dr Emily Zhen as well as the delegation’s major supporter, Global Victoria’s Carolin McCaffrey.   

The Team Australia delegation was supported by our major sponsor the Victorian Government, through Global Victoria and Invest Victoria, as well as support from NSW Health and AusBiotech.

In July 2024, MTPConnect was selected to deliver a new $28.5 million investment for Drugs and Devices, which builds on the legacy of the inaugural TTRA program.

The objective of TTRA Drugs and Devices is to accelerate development and commercialisation of promising drugs and medical devices into products that can reduce the burden of cardiovascular disease and complications of diabetes for patients, carers, families and community.

TTRA Drugs and Devices is now calling for Expressions of Interest (EOI), to fund eligible Australian start-ups, spin-outs and SMEs to develop innovative preventative, diagnostic, therapeutic and/or disease management drugs and devices for cardiovascular disease and the complications of diabetes (type 1 and type 2). Guidelines & application information can be found on the TTRA webpage. Submissions close at 16:00 AEDT on Monday 4 November 2024.

Hear from MTPConnect's TTRA Team Lauren Kelly, Dr Mana Liao and Dr Erin McAllum as well as experts Kenny Lean from Roche Diagnostics Australia, Dr Perdita Cheshire from CSL and Renza Scibilia from Breakthrough T1D.

See the TTRA Drugs and Devices webpage for more information.

Omico is leading Australia’s largest cancer genomics initiative –giving 23,000 Australians nationwide with advanced or incurable cancers, access to genomic profiling to detect unique genetic variations in their tumours to identify potential matches to new targeted treatments options. It is opening up new treatment pathways, extending lives and attracting more international trials to Australia.

Professor David Thomas, renowned for his groundbreaking work in precision oncology, is the founder and Chief Science and Strategy Officer of Omico - the Australian Genomic Cancer Medicine Centre. 

In this episode, host Caroline Duell speaks with Professor Thomas to find out more about his mission to open up new treatment options for all cancer patients using genomics, the impact of pan tumour therapies on our healthcare system, and why we need to change the way we look at cancer care and cure right now before more people die unnecessarily.