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News, stories and opinions for the business innovators of the world.

Ventures.

Visus Therapeutics, a company backed by Planet Innovation, has started a clinical development program for a novel eye drop designed to restore the loss of near vision associated with aging.

Suraya SalehMarketing Communications Manager
Topics.

Lumos Diagnostics raises AU$25m in oversubscribed capital raise

Lumos Diagnostics, a rapid point-of-care diagnostics company spun out of Planet Innovation, has closed an oversubscribed AU$25 million pre-IPO capital raise, ahead of an anticipated 2021 Australian Securities Exchange (ASX) listing.

Atmo Biosciences wins $620k grant to advance commercialization of ingestible gas-sensing capsule to diagnose gut disorders

Atmo Biosciences has been awarded a $620,000 Australian Government grant through the BioMedTech Horizons (BMTH) program.

Atmo Biosciences raises $2.5m in seed financing

Atmo Biosciences, a digital health business that provides objective real-time insights into gut health and microbiome function, has raised a further A$2.5 million in an oversubscribed funding round, supplementing an initial seed raise in March 2019.

PI backs Lumos Diagnostics with $20m Series A investment

Planet Innovation has agreed to a $A20 million strategic investment in Lumos Diagnostics, a rapid point-of-care diagnostics company.

Atmo Biosciences and Seed Health announce research partnership to evaluate impact of probiotics on gut microbiome

Seed Health, a US-based microbial sciences company, and Atmo Biosciences, a Planet Innovation early stage venture, have announced a partnership to use Atmo’s ingestible gas-sensing capsule to study the impact of probiotics on the gut microbiome.

Tackling the global health threat of antibiotic resistance through Lumos Diagnostics and the FebriDx test

November 18-24 is World Antibiotic Awareness Week, so it’s a good time to draw attention to the global health challenge of antibiotic resistance, which Planet Innovation is combating through its business Lumos Diagnostics.

PI launches Atmo Biosciences to commercialize ingestible gas-sensing capsule for gut health

Atmo Biosciences, a Planet Innovation early stage venture, has signed a licensing deal with RMIT University to secure the exclusive worldwide rights to a ground-breaking ingestible gas-sensing capsule.

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Lumos Diagnostics to supply customized Leelu Readers for new California-based partner

Lumos Diagnostics is expanding its global footprint after agreeing an ongoing manufacturing deal for a customized lateral flow reader with a California-based life sciences company.

PI teams up with Ramsay Health Care as it launches digital health venture, Vitalic Medical

Planet Innovation has launched Vitalic Medical, a digital health venture addressing two major problems for general wards in hospitals around the world: undetected patient deterioration and in-hospital patient falls.

PI launches Lumos: A unique, complete solution provider for rapid point-of-care diagnostics

Lumos Diagnostics develops custom products for its partners using a unique combination of integrated assay and engineering capability paired with its proven reader optical technologies.

Zen Ecosystems to help Australia manage peak energy demand

Zen Ecosystems has received a major grant by the Australian Renewable Energy Agency (ARENA) to help secure Australia’s energy supplies during times of peak demand.

Nplex point-of-care diagnostic platform to deliver connected solution

Planet Innovation’s PoC (Point-of-Care) diagnostic platform, Nplex, will benefit from further investment to develop a cloud-connected medical counter-measures device, for the rapid detection of infectious diseases.

Telstra selects Zen Thermostat for its Smart Home Platform

Zen Thermostat, a PI venture, has been selected by Telstra to be sold as part of its soon to be released Smart Home Platform.

Zen Thermostat: PI launches connected device business on oversubscribed crowdfunding campaign

Zen is a smart thermostat launched by Planet Innovation with a successful crowd funding campaign.