Breakthrough Victoria’s UIP initiative supports the commercialisation of critical research with real-world benefits from eight Victorian universities and plays a pivotal in transforming the Victorian economy by investing in locally produced IP.
This is the first co-investment by RMIT under the UIP initiative and Breakthrough Victoria CEO Rod Bristow said it was exciting to see the partnership bearing fruit.
“It is great to see RMIT’s technology being commercialised by a Victorian startup,” he said.
“Partnerships like this represent a valuable pathway to ensure the quality research being conducted within Victoria is successfully commercialised.”
Since the UIP launched in 2023, more than 40 startups and social impact ventures have been backed by Victorian universities, allowing them to test, refine and scale their ideas to turn their research into companies and social enterprises ready for investment.
The sensor research itself commenced at RMIT in 2018 and has been supported with over $4 million in research funding.
The technology is also being used for a range of other applications such as detecting risk of heart failure, monitoring for chronic kidney disease, looking at inflammatory biomarkers for skin and muscle health, stress and emotional response, monitoring airborne viruses and pathogens, and very early-stage cancer screening.
RMIT Deputy Vice-Chancellor Research and Innovation Distinguished Professor Calum Drummond AO said the game-changing platform technology was an example of the impact-focused research RMIT is committed to.
“Taking excellent foundational work like this and supporting it to make a real difference to potentially thousands of people is where collaboration becomes a key ingredient to creating research impact beyond academia,” Drummond said.
The first in-human pilot study for the hormone sensor is expected to get underway within the next 18 months, with commercialisation plans slated for early 2028.
Story: Mia Tyquin and Michael Quin