AUSTRALIS SCIENTIFIC WINS 2025 MEDTECH INNOVATOR ASIA PACIFIC GRAND PRIZE
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- 4 hours ago
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KUALA LUMPUR, Oct 31 (Bernama) -- Australis Scientific has been named the 2025 MedTech Innovator (MTI) Asia Pacific (APAC) Grand Prize winner, receiving US$175,000 in non-dilutive funding for its smart patch that delivers minimally invasive neuromodulation therapy for overactive bladder. (US$1=RM4.19)
The announcement was made at the MTI Asia Pacific Grand Finals in Singapore, the first time the event has been hosted independently in the region, underscoring MTI’s growing role as APAC’s leading medtech accelerator.
MTI founder and chief executive officer (CEO), Paul Grand said Australis Scientific’s innovation has the potential to improve millions of lives.
“They reflect the innovation and momentum we are seeing across APAC, with breakthrough solutions that are less invasive, more accessible and designed for global adoption,” he said in a statement.
Meanwhile, Australis Scientific co-founder and CEO, Nicky Agahari said the recognition underscores the value of collaboration within the MTI ecosystem, which includes founders, mentors and strategic partners.
The other finalists—F.MED, HemoTag and OsseoLabs—each received US$10,000 as runner-up prizes. Additional awards were also presented, including the Cambridge Consultants Product Development Award (US$25,000) to F.MED, the EnterpriseSG STARTUP SG Grant (S$50,000) to HiCura Medical, the Best Video Competition Award (US$5,000) to Borns Medical Robotics, and OsseoLabs received a one-year membership to Johnson & Johnson’s global incubator network at JLABS Singapore.
The winner was selected through a live audience vote following presentations and a Q&A session with a panel of medtech executives, including representatives from Johnson & Johnson MedTech, B. Braun Medical and Becton Dickinson.
The 2025 APAC Accelerator featured 20 startups selected from over 550 applications across the region. Over four months, participants received tailored mentorship, investor exposure, and access to MTI’s global network of healthcare leaders.
MTI’s 2025 APAC programme sponsors include Johnson & Johnson MedTech, B. Braun Medical, Becton Dickinson, Siemens Healthineers, Teleflex, Cambridge Consultants, The Mullings Group, Enterprise Singapore and Blue Goat Cyber.
Applications are now open for the 2026 MTI Asia Pacific Accelerator Programme, which will expand to South Korea through the MedTech Spotlight Pitch Event Road Tour in collaboration with the Korea Health Industry Development Institute (KHIDI).
-- BERNAMA
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