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Victorian lung disease breakthrough wins grant.



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Media Release The Hon Ian Macfarlane, MP

30 May 2006

VICTORIAN LUNG DISEASE BREAKTHROUGH WINS GRANT A breakthrough medical device that uses sound to detect early-stage chronic lung disease will be developed with the help of a $561,046 Australian Government Commercial Ready grant.

Federal Industry Minister Ian Macfarlane today announced Melbourne-based medical innovators PulmoSonix as one of three Victorian companies awarded more than $680,000 in the latest round of Australian Government innovation funding.

Nationally, more than $18 million was today announced for 30 innovative projects under the Commercial Ready and Commercialising Emerging Technologies (COMET) programs.

“PulmoSonix’ device uses sound to detect changes in the condition of the lungs, with clinical trials showing the technology capable of distinguishing between normal lungs and lungs affected by emphysema,” Mr Macfarlane said.

“This is a significant breakthrough as there is currently no reliable, inexpensive and non-invasive method available that allows the diagnosis of emphysema at the very early stages of the disease.”

“Australia has a strong record in cutting-edge medical research - and with this Commercial Ready grant, the Australian Government is committed to helping PulmoSonix continue this record of outstanding medical breakthroughs.”

Contact: PulmoSonix Pty Ltd, Mr J Petrou 03 8508 8209.

The other Victorian companies awarded funding this round are:

z Acapal Pty Ltd, of North Melbourne,awarded a $64,000 COMET grant to market its

web-based software solutions which help medical specialists, hospitals, care facilities and pharmaceutical companies manage risks associated with treating patients. [Contact: Mr Phillip Cranch 0410 562 986] z Sienna Cancer Diagnostics Ltd (Melbourne),awarded a $64,000 COMET grant to

bring to market its range of early detection and surveillance diagnostics for a range of cancers. [Contact: Dr Kerry Hegarty 03 9600 3013]

A list of the latest innovation grants and information on the Commercial Ready and COMET programs can be found at www.ausindustry.gov.au, or phone the AusIndustry hotline 13 28 46, or email hotline@ausindustry.gov.au