Alimetry Leaves Stealth Mode to Announce CE Mark on New Wearable Medical Device for Gastric Diseases and Investment

  • : Alimetry Ltd
  • : 16/04/2021
  • Alimetry, a digital healthcare and diagnostic devices start-up, announced today that it has achieved CE Mark for its first product, a pioneering medical device for enabling diagnosis of gastric diseases.

    The new wearable product, called Gastric Alimetry, is positioned to transform the diagnostic pathway for millions of patients worldwide suffering from diseases such as functional dyspepsia, gastroparesis and chronic nausea and vomiting. Gastric symptoms are extremely prevalent and impart a vast burden, affecting around 10% of the global population. The Gastric Alimetry device collects data by non-invasively sensing the activity of the stomach from the body surface. The data is sent to the cloud for analysis, and is used by clinicians to determine the causes of gastric symptoms and direct treatment.

    Co-Founder and CEO Professor Greg O’Grady said “As clinicians, we lack the tools we need to reliably diagnose gastric disorders.  This contributes greatly to the frustration and suffering of our patients.  I was driven to this cause by seeing too many patients go through laborious, invasive and expensive rounds of repeat diagnostic testing, only to end up with inconclusive results and confusion. We invented Gastric Alimetry to help address this need. I am immensely proud of our hard-working team who have delivered an incredibly creative solution with outstanding potential to impact patient care.”

    In addition to successfully achieving CE mark for the Gastric Alimetry product, enabling the company to start commercializing the medical device in European countries, Alimetry also announced today that it had achieved the ISO 13485 international quality management system accreditation. As it grows global operations, the company has enhanced its executive team with new appointments. Hanie Yee joined the company as Chief Operating Officer, from her previous role as Clinical Business Lead at Fisher & Paykel Healthcare, and Professor Chris Andrews, a leading gastroenterologist from Canada, has joined Alimetry as Chief Medical Officer.

    Alimetry has been the culmination of over a decade of award-winning scientific research out of The University of Auckland, backed by scientific grants from the New Zealand Health Research Council and the US National Institutes of Health, followed by Callaghan Innovation funding. To support the next phase of growth, the company completed its first institutional investment round, led by IP Group, a leading international intellectual property commercialisation company. The investment round was supported by UniServices Ltd (via the University of Auckland’s Inventors’ Fund), and Matū, a New Zealand early-stage science and deep-tech venture capital fund.  The capital raised by Alimetry will be used to advance the company’s clinical trials, enter the market, and progress regulatory approval in the United States.

    The Managing Director of IP Group Australia, Dr Michael Molinari, said “We are excited to be working with Professor O’Grady and the world-class team at Alimetry to provide a step change in the quality of life for millions of patients with gastric disorders. This technology, at the intersection of multiple exponentially growing fields such as wearable medical devices, digital health, and machine-learning assisted diagnostics, is another great example of the breakthrough innovations coming from our partners at the University of Auckland”.

    About Alimetry

    Alimetry was founded in 2019 as a spin-out company from the University of Auckland’s Bioengineering Institute and Faculty of Medical and Health Sciences. The company was founded on a background of world-leading science in gastrointestinal diseases.  Alimetry is dedicated to improving the lives of patients by delivering innovative medical solutions to advance GI diagnostics and enable targeted therapies. www.alimetry.com

    About IP Group

    IP Group is a leading intellectual property commercialisation company focused on evolving great ideas from its partner universities into world-changing businesses. The Group pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital, scientific insight, and the supporting infrastructure. In Australia and New Zealand, IP Group works in close partnership with the Go8 Universities and the University of Auckland to identify ground-breaking technologies, rooted in hard science, which have the most promising commercial potential. IP Group, which is listed on the Main Market of the London Stock Exchange under the symbol IPO, has a strong track record of success and its portfolio comprises holdings in early stage to mature businesses across life sciences and technology.

    Discover more at www.ipgroupanz.com

    About The University of Auckland Inventors’ Fund.  The University of Auckland Inventors Fund is an evergreen, open-ended $20 million investment fund owned and managed by Auckland UniServices Limited, the commercial company for The University of Auckland.  The Inventors’ Fund provides seed-capital for ventures started out of the University of Auckland.  www.uniservices.co.nz

    About Matū Fund. Matū is a venture capital fund investing in early-stage science and deep technology commercialisation from education and research institutions and the private sector. As an open and evergreen fund, Matū takes a long-term investment view and is aimed at turning ground-breaking ideas into globally focused, IP-rich companies. Matū provides intelligent capital with active governance, executive management, operational support, and mentorship for founding and executive teams.  www.matu.co.nz

    Released images (png format):

    Alimetry Reader

    Alimetry System Light

    Alimetry System on Body

    Contact Information:

    Hanie Yee, Chief Operating Officer

    E: hanie@alimetry.com

    M: +64 (0) 21 651 226

    Social Media:

    Twitter: @alimetry_ltd

  • Alimetry_Reader_Light
  • : Hanie Yee
  • : Chief Operating Officer
  • : hanie@alimetry.com
  • : 6421651226
  • : https://alimetry.com/
  • https://www.linkedin.com/company/alimetry-ltd/mycompany/?viewAsMember=true

DEEPENING STRATEGIC RELATIONSHIP BETWEEN UBC AND PIONEERING DECENTRALISED PLATFORM, MANYONE

  • : Manyone
  • : 15/04/2021
  • Vancouver, Canada – April 15th, 2021 – Manyone, a pioneering technology venture in decentralization and digital identity, is delighted to announce that 2021 marks the second year of the strategic collaboration between Manyone and The Peer Social Foundation and the Blockchain@UBC research cluster at the University of British Columbia.

    This academic-industry partnership is one of the first to critically assess the feasibility of decentralized social media, explore engineering possibilities and configure the privacy and security implications of self-ownership of social media data.

    Blockchain@UBC Graduate researchers gain research opportunities at Manyone and The Peer Social Foundation by applying for grants from MITACS (Mathematics of Information Technology and Complex System), a Canadian non-profit research organization that fosters cross-sector collaboration and develops talents for the innovation ecosystem in Canada. 

    In the next year, UBC researchers will identify technical requirements for decentralized identities, design new system architecture, and explore the value and business models for blockchain-based identity management.

    Chang Lu, Research Manager at Blockchain@UBC states that, “Manyone and The Peer Social Foundation offer an inspiring space for our students to sharpen their knowledge about blockchain. Their vision of decentralized social media represents a paradigm shift in the world of social networks. We are grateful that we can contribute to the shift”.

    Michael Cholod CEO at Manyone and The Peer Social Foundation comments, “As a Vancouver based pioneering enterprise, we value the opportunity to work with academics and researchers in Canada to identify the social and organizational impact of decentralized identity and determine the privacy and security implications of self-ownership of social media data. The academics at UBC help us in understanding the bigger picture and how to look for real world solutions.”

    Dr. Victoria Lemieux, Blockchain@UBC Co-Lead and Associate Professor at UBC’s School of Information, further adds that, “We’re excited to delve further into both the technological and policy ramifications of Manyone’s vision of securing digital data free from manipulation or distortion and to support technical and social innovation in Canada”.

    Manyone, with offices in Vancouver, Canada and Stockholm, Sweden is launching the world’s first decentralised secure messaging and identity sharing platform in April 2021.

  • : https://vimeo.com/497354494/e980b7ee5e
  • : https://www.buzzsprout.com/995260/8076641-hot-topix-facebook-falling-down-under
  • : MICHAEL CHOLOD
  • : CEO
  • : INFO@MANYONE.LONE
  • : 16048361112
  • : https://manyone.one
  • https://www.linkedin.com/company/manyoneapp/mycompany/?viewAsMember=true