The NSW Government is committed to ensuring that NSW researchers and innovators are able to discover and develop new treatments and diagnostic techniques and devices that will be major contributors to health reform into the future.
The Medical Devices Fund is a competitive technology development and commercialisation program that aims to:
- provide support to individuals, companies, public and private hospitals, medical research institutes, universities and the medical devices industry, to take local innovation to market; and
- increase the uptake of NSW medical devices by the health system where they are cost effective and contribute to improved patient outcomes.
More than $26 million has been awarded to 16 outstanding new medical technologies since the Medical Devices Fund began in 2013, with up to $7.8 million available in round four.
Invitations for full applications in the 2016/17 round will be circulated shortly.