BaymatobTM has been awarded $2.96M by the NSW Medical Devices Fund to conduct pre-trial development on OliTM. A total of four companies received funding for the 2019 round of the Medical Devices Fund with around $6.8M being awarded. BaymatobTM is a recipient of the NSW Medical Devices Fund, having received $1.47M in 2017 towards the development of OliTM. The NSW Medical Devices Fund began in 2013 and has awarded more than $50 million across 31 different technologies. This is a unique fund making it possible to progress the development and commercialisation of medical technologies within Australia.
Further information on the fund and recipients can be found here.
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