KESEM HEALTH RECEIVES FEDERAL GOVERNMENT ACCELERATING COMMERCIALISATION GRANT
Announcement posted by KESEM HEALTH PTY LTD 27 Feb 2020
Kesem Health will receive $175,000
to advance its commercialisation in the US, enhance its ability to penetrate global
markets, and raise significant growth capital. This is the third AC grant that
Kesem has received, taking its funding through the AC program to a total of
$1,000,000.
Kesem is proud to have been
selected by the office of Minister Karen Andrews, the AC committee, and the Australian
Government Department of Industry, Innovation and Science through the competitive
Accelerating Commercialisation grant process as part of the Entrepreneurs’
Programme.
Gil Hidas, Kesem Health’s
CEO, said: “The Accelerating Commercialisation program is critical to the
success of Australia’s well-respected innovative eco-system. Companies like Kesem,
undertaking early commercialisation, urge all levels of government to continue
to advance research and development incentives of this kind”.
It is important to note
that Accelerating Commercialisation, coupled with the R&D Tax Incentive,
are vital for Australia to build companies that will create a sustainable
industry and jobs-based innovation in healthcare.
Kesem Health is proud to be supported by the Australian Government through Accelerating Commercialisation, an element of the of the Entrepreneurs' Programme.
About Kesem Health and the iUFlow™
solution.
Kesem Health focuses on using the iUFlow™ solution to improve, simplify, and
reduce the cost of the diagnosis and management of Lower Urinary Tract diseases
including Benign Prostatic Hyperplasia (BPH), Overactive Bladder (OAB), and
Nocturia. Kesem is developing the
world’s largest set of urinary flow data, utilising the iUFlow - a
low-cost, quick, and accurate method of measuring urinary output – information
that is critical for the diagnosis and management of urological conditions that
affect more than 16% of the adult and juvenile population worldwide.
For more information,
visit: www.KesemHealth.com
SOURCE Kesem Health
Media Contact: assist@kesemHealth.com