Bio-link Australia Pty. Ltd.

14th February 2017 – Neural Diagnostics Awarded A$2.2M in CRC-P Grant

Neural Diagnostics Pty Ltd, a Melbourne-based medtech developer, have been awarded $2.2M in a 2nd round CRC-P grant to develop their EVestG™ technology for medical applications in the field of head trauma. The project is a collaboration with GE Healthcare and Monash University that is expected to be completed in 3 years at a total expenditure of $8.1M.

EVestG™ (ElectroVestibuloGraphy) is a novel technology and medical device that enables a simple, non-invasive test for the objective and accurate classification of a range of neurological diseases, including Alzheimer’s, Parkinson’s, autism spectrum disorder, bipolar disorder, depression, Ménière’s disease, schizophrenia and concussion. Potential applications for EVestG™ range from streamlining development of CNS drugs to clinical diagnostics to workplace safety and more.

CRC-Ps are a stream of the Australian CRC Programme in which a small group of collaborators work on a single, short term, industry-identified and industry-led collaborative research project to develop a product, service or process that will solve problems for business and deliver tangible outcomes.

Neural Diagnostics have engaged Bio-Link to facilitate business development and strategic partnerships for EVestG™.

Neural Diagnostics