Medical Products National Manufacturing Priority Road Map
Recently, Hon Karen Andrews, MP, Minister for Industry, Science & Technology, Member for McPherson Queensland announced the Roadmaps for Medical Products, for the department's Modern Manufacturing Initiative. This initiative provides $1.3bn of funding in support of Australian manufacturing in six key areas, of which Medical Products is one. The next funding round closes in four weeks. The funding works on a co-investment model.
The key priority areas include those listed below. In particular, they are looking to fund manufacturing of medical products in the Translation and Integration Streams. This means supporting R&D through to commercialisation and getting Australian products into local and global value chains and new markets. MTAA has formed the Manufacturing Working Group (MWG), a group of members engaged in local manufacturing to support this initiative and is engaged with DISER for advocacy and support for members with this initiative.
Please contact Merrilyn Clancy at email@example.com to join the MWG.
- Smart monitoring devices
- Personalised implants
Digitally integrated products and platforms:
- Digitise existing medical products
- Emerging data-driven products
- Advanced manufacturing technologies