Federal Government Grant Commitment under the Energy Security...

Federal Government Grant Commitment under the Energy Security and
Regional Development Plan
Analytica Ltd (ASX:ALT), manufacturer of the PeriCoach® system, notes the attached media
release, and announcement this morning by Llew O’Brien, MP – Federal Member for Wide Bay, and
Peter Dutton MP, Federal Member for Dickson and Minister for Defence, offering Analytica $4.8m
in government assistance from the Energy Security and Regional Development Plan towards the
PeriCoach export development and manufacturing facility in Maryborough, Queensland.
The grant is to assist PeriCoach in-house manufacturing capability and technology skills, assist with
export business development, create and grow customer and clinician support capacity, and develop
women’s pelvic floor health programmes with State and Federal governments. Specifically:
• Growing the manufacturing capability including injection moulding, vibration welding and
automated production testing. The facility would be capable of supplying product globally,
excluding our China JV territories.
• Building automated and personal support capacity to motivate and assist patients and their
clinicians to achieve the best treatment outcomes.
• Deploy software and databases to meet current international data sovereignty, privacy, and
regulatory requirements.
• Boost improvements in PeriCoach communications, processing and aesthetics, with a focus on
design for mass-manufacturing to reduce cost of goods.
• Initiating the deployment of low cost, at-home technology driven treatment and monitoring
systems with in-market case studies for government and private payers demonstrating the cost
savings and health improvements in our two key demographics: postpartum mothers to
rehabilitate the pelvic floor after the trauma of childbirth, and postmenopausal women as a
preventative measure to avoid UI and prolapse in later life.
• Export business development, focussing on public and private healthcare providers using these
systems and case studies.
Analytica’s CEO Geoff Daly: “Assisting the development of export markets, developing in-house
manufacturing capability, and being less reliant on external parties aligns with the Government’s goal to
bring manufacturing skills back to Australia. The Federal Government sees the public health benefit and
huge cost savings of PeriCoach improving Australian mums lives for this neglected, debilitating
condition affecting 1 in 3 women. 65% of elderly women entering aged care have incontinence, being
able to stay at home is an invaluable initiative, and the promise of this support is greatly appreciated.”
Discussions between the Government and Analytica will be entered into following the Federal election,
and Analytica would need to raise capital to match some of the funding. Further details will be
announced when available.
Authorised for release by the Board.
For more information about the MMI, please visit https://business.gov.au/grants-and-programs/mmi-
manufacturing-translation-stream-medical-products-round-2
For more information, please contact: [email protected]
For more information about the PeriCoach System, visit: www.PeriCoach.com
For more information about Analytica, visit www.AnalyticaMedical.com