ABOUT INOVA MEDICAL

Inova Medical Pty Ltd is an Australian medical technology company developing innovative solutions for sustainable healthcare. The company’s Abcease™ Kit is a sterile, single-use device designed to enable safe, efficient drainage of deep and superficial skin abscesses in ambulatory settings.

Designed for ease of use and accessibility, the Abcease™ Kit aims to move skin abscess treatment away from costly in-patient, surgical treatment, and facilitate streamlined treatment in an ambulatory setting utilising local anaesthetic.

Inova Medical aims to streamline procedures and optimise resource utilisation by creating the tools clinicians need.

Milestones

Innovative Solutions for Sustainable Healthcare

Defines who we are

Simplicity

Life is already complicated. Our solutions shouldn't be

Fairness

Everyone deserves to have access to good healthcare

Pragmatism

We deliver practical outcomes that address stakeholder pains and gains while remaining true to the problem at hand.

Accountability

We work on the mantra of undersell and over deliver We do what we say we will do, when we say we will do it

Leadership

We are a driving force for continual improvement and efficiency improvements in healthcare.

Defines why we are

Our health-systems are constantly pushed to do more with less.

We identify areas with long wait times, high costs or inefficiency, and develop innovative solutions that free up valuable resources, enabling sustainable healthcare delivery

Defines what we are

Delivering sustainable healthcare solutions with global reach.

Innovative concept

Whilst many devices are invented, and then searched for an application, this novel medical device was created specifically to address a known clinical need. Inova Medical employed the Biodesign design thinking approach that has generated success at Stanford for many years. Since its inception, Inova has engaged with the Western Australian biodesign, medtech and innovation communities, and our networks span major universities, hospitals, and government research organisations.

The Inova Medical team have worked with The University of Western Australia’s Master of Biotechnology programme to refine aspects of the business plan, have conducted proof of concept testing at the Clinical Training and Evaluation Centre (CTEC), and have completed Australia’s National Deep Tech Accelerator, the CSIRO ON Program, to develop their understanding of their customer needs utilising the Lean Canvas model.  Each stage of the project has been undertaken to further ‘de-risk’ the project and prepare for investment, regulatory approval, and commercialisation.

Strategic Pillars

Strategic Objectives

Our Success Measured

FOUR PERSPECTIVES

Clients

How we create value for our clients; and how we continuously improve our level of service

Financial

How we add value for our clients while controlling costs and: how we provide a balanced approach to investment in a full range of services

Internal Business Processes

How we improve and excel in our business processes

Learning and Growth

How we build our people and system capacity to meet