MedTech Market Growth Program Grant

MAXONIQ

July 2024

In July, MAXONIQ, was thrilled to secure a $50,000 MedTech Market Growth Program Grant from LaunchVic and the Department of Jobs, Skills, Industry and Regions.  

The grant will help us fast track mechanical testing of the latest design enhancements of the ArthroJaw Temporomandibular Joint Replacement Prosthesis to expedite its’ readiness for clinical trial in the second half of 2024.

The program is a collaboration between the Australian Medtech Manufacturing Centre and startup agency LaunchVic to increase the number of medtech startups in Victoria and create jobs in the state’s growing medtech sector, which is home to more than 660 companies employing more than 20,000 workers.