Ann: 4DMedical receives TGA approval for XV LVAS, page-12

I'm hopeful of the grant but consider that the early TGA approval announced fits into the same Govt momentum in fast-tracking Covid solutions (ie. 15 minute Covid test). But the grant is for research and development of equipment, which is another FDA/TGA approval altogether. The beauty of the grant is that it essentially funds a new, exciting product with a huge market. Radiation-free scanning for paediatrics is a big enough opportunity on its own to create an entirely new market, but I can see this being used for all people. I am guessing, but consider that the initial $1M grant would have developed something like a proof of concept meaning a successful grant represents more than just research money, but a good probability of success.