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Australis Scientific

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uuid003r9nt

Namestring
Australis Scientific
Legal namestring
Australis Scientific Pty Ltd
Company typeenum
Private
Founded yearint
2021
Descriptiontext

Australis Scientific is a Sydney-based medtech company developing wearable neuromodulation devices for the treatment of lower urinary tract symptoms, principally overactive bladder (OAB) and incontinence. Its flagship product, the Confidanz® Smart Patch, is a wearable medical device applied to the ankle that delivers electrical stimulation to manage OAB symptoms and connects to a companion smartphone application for at-home treatment, remote monitoring, and long-term symptom tracking. The device is currently an investigational product in clinical trials in Australia and has not yet received market authorization in Australia, USA, Japan, or any other geography.

The company pursues a clinical-regulatory pathway to commercialization, initially targeting healthcare providers and patients through clinical settings in Australia, with planned broader market entry via prescription. In November 2025, Australis Scientific secured a USD 6 million capital raise led by Japanese pharmaceutical company Rohto Pharmaceutical, with the partnership structured to leverage Rohto's pharmaceutical expertise and Asia Pacific distribution network for market entry — including a scheduled launch in China in June 2026. Total disclosed funding is approximately USD 9.3 million.

The business model centers on hardware device sales of the Confidanz Smart Patch through healthcare providers via prescription, with potential recurring revenue from the companion digital health application. The company is founder-led, with operations supported by a small team of 1-10 employees and a founding cohort that includes CEO Dr. Nicky Agahari, CTO Dr. Martin Jensen, COO/CFO Dr. Nigel Finch, CMO Dr. Danielle Delaney, and Chair of the Clinical Advisory Board Dr. Mihir Shanker. Recognition includes the MedTech Innovator Asia Pacific 2025 Grand Prize and the Harvard Innovation Challenge Grand Prize.

Short descriptiontext

Australis Scientific is a Sydney-based medtech startup developing the Confidanz® Smart Patch, a wearable ankle-applied neuromodulation device with smartphone connectivity that treats overactive bladder and incontinence. It is currently in clinical trials, targeting healthcare providers and patients via prescription across Australia and Asia Pacific via Rohto Pharmaceutical.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersSydney, Australia
HQ citystring
Sydney
HQ countrystring
Australia
HQ regionstring
Oceania
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
neuromodulation devices, overactive bladder treatment, wearable medical devices, incontinence management, medical device development
Industry1 code
1Connected Medical Devices & Wearables (Sensors, Patches, Implantables)
CodeHLACAPABPrimaryYes
NAICS code1 code
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
SIC code1 code
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Neuromodulation Medical Devices
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Hardware Device Sales
TypeHardware Sales
Description

Revenue generated through sales of the Confidanz Smart Patch wearable medical device, sold directly to patients and through healthcare providers. The device is currently in clinical trials and has not yet received market authorization for sale in Australia, USA, Japan, or other geographies.

capitalbrief.com
2Digital Health Services
TypeSubscription Recurring
Description

Potential recurring revenue from the companion smartphone application and associated digital health services for treatment management, remote monitoring, and long-term symptom tracking.

capitalbrief.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1Confidanz® Smart Patch
Description

Australis Scientific's flagship device for minimally invasive overactive bladder management, providing patients with control and comfort through neuromodulation technology.

australisscientific.com
Core offering1 text field

Australis Scientific is a Sydney-based medtech company developing the Confidanz Smart Patch, a wearable neuromodulation device applied to the ankle that delivers electrical stimulation to manage overactive bladder and incontinence symptoms. The patch pairs with a companion smartphone application for at-home treatment, remote monitoring, and long-term symptom tracking. The product is currently an investigational device being evaluated in clinical trials and has not yet received market authorization for commercial sale in Australia, USA, Japan, or other geographies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • The Confidanz Smart Patch has demonstrated efficacy in managing overactive bladder symptoms through neuromodulation therapy, though specific clinical outcome data is still being collected in ongoing clinical trials.
Product overview1 text field

Australis Scientific is a medtech company developing neuromodulation devices, with Confidanz® Smart Patch as its flagship product. The company operates with a single-product focused architecture, targeting overactive bladder and incontinence treatment. Confidanz® Smart Patch is an investigational device currently being used in clinical trials and has not received market authorisation for sale in Australia, USA, Japan, or other geography. The company is expanding into Asian markets with support from partner Rohto Pharmaceutical.

Product and service1 record
1Confidanz Smart Patch
CategoryWearable Neuromodulation Medical Device
Description

The Confidanz Smart Patch is a wearable neuromodulation device applied to the ankle that delivers electrical stimulation to manage overactive bladder and incontinence symptoms. It is designed as a minimally invasive, patient-controlled treatment for adults suffering from OAB, with a companion smartphone application enabling at-home therapy, remote monitoring, and long-term symptom tracking. It is intended for distribution via prescription through healthcare providers and is currently an investigational device limited to clinical trial use.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Public neuromodulation company with the Barostim system for heart failure. Operates broadly in therapeutic neuromodulation with regulatory and clinical infrastructure expertise transferable to OAB applications, making it a relevant comparable for the neuromodulation business model.

TypeEmerging player
Description

Maker of Elitone, a wearable external stimulation device for female stress urinary incontinence. An emerging player targeting the same at-home, non-invasive incontinence treatment use case as Australis, with overlapping patient demographic.

TypeDirect peer
Description

Sells the ApexM and similar at-home electrical stimulation devices for incontinence and pelvic floor disorders. Direct competitor targeting the same at-home, non-invasive treatment positioning as Confidanz Smart Patch.

TypeOthers
Description

Public neuromodulation company with hypoglossal nerve stimulation for sleep apnea. Not a direct OAB competitor, but a relevant comparable demonstrating the path from early-stage neuromodulation startup to scaled commercial franchise in an adjacent therapeutic area.

TypeDirect peer
Description

Directly competes in OAB neuromodulation with its sacral neuromodulation (SNM) implant system (r-SNM). Both target the same overactive bladder patient population with electrical nerve stimulation therapy, though Axonics uses an implantable approach while Australis uses an external ankle patch.

TypeBroad incumbent
Description

Acquired Cogentix Medical and owns the Urgent PC percutaneous tibial nerve stimulation system for OAB, making it a broad incumbent in OAB neuromodulation and urology diagnostics. Competes for the same clinician and patient channels as Australis.

TypeEmerging player
Description

Develops miniaturized, wirelessly powered neuromodulation implants across multiple indications. Shares the neuromodulation technology DNA with Australis, including the pursuit of smaller, less invasive form factors, though currently focused on implantable sacral and peripheral nerve targets.

TypeDirect peer
Description

Develops the REVIVO peripheral tibial nerve stimulation system for OAB, conceptually the closest analog to Confidanz: a less-invasive, externally worn neuromodulation alternative to sacral implants. Targets the same OAB patient seeking non-surgical treatment.

TypeBroad incumbent
Description

Dominant incumbent in sacral nerve stimulation for OAB through its InterStim franchise, with established reimbursement, sales infrastructure, and physician relationships. Australis must displace or differentiate against Medtronic's entrenched InterStim platform in the same therapeutic indication.

TypeDirect peer
Description

Markets the eCoin peripheral neurostimulator, a minimally invasive tibial nerve stimulator for urge incontinence. Directly comparable mechanism and indication to Confidanz, positioned as a smaller, less invasive alternative to sacral implants.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Australis Scientific

Neuromodulation Medical Devicesaustralisscientific.com

Australis Scientific is a Sydney-based medtech startup developing the Confidanz® Smart Patch, a wearable ankle-applied neuromodulation device with smartphone connectivity that treats overactive bladder and incontinence. It is currently in clinical trials, targeting healthcare providers and patients via prescription across Australia and Asia Pacific via Rohto Pharmaceutical.

What Australis Scientific does

Australis Scientific is a Sydney-based medtech company developing wearable neuromodulation devices for the treatment of lower urinary tract symptoms, principally overactive bladder (OAB) and incontinence. Its flagship product, the Confidanz® Smart Patch, is a wearable medical device applied to the ankle that delivers electrical stimulation to manage OAB symptoms and connects to a companion smartphone application for at-home treatment, remote monitoring, and long-term symptom tracking. The device is currently an investigational product in clinical trials in Australia and has not yet received market authorization in Australia, USA, Japan, or any other geography.

The company pursues a clinical-regulatory pathway to commercialization, initially targeting healthcare providers and patients through clinical settings in Australia, with planned broader market entry via prescription. In November 2025, Australis Scientific secured a USD 6 million capital raise led by Japanese pharmaceutical company Rohto Pharmaceutical, with the partnership structured to leverage Rohto's pharmaceutical expertise and Asia Pacific distribution network for market entry — including a scheduled launch in China in June 2026. Total disclosed funding is approximately USD 9.3 million.

The business model centers on hardware device sales of the Confidanz Smart Patch through healthcare providers via prescription, with potential recurring revenue from the companion digital health application. The company is founder-led, with operations supported by a small team of 1-10 employees and a founding cohort that includes CEO Dr. Nicky Agahari, CTO Dr. Martin Jensen, COO/CFO Dr. Nigel Finch, CMO Dr. Danielle Delaney, and Chair of the Clinical Advisory Board Dr. Mihir Shanker. Recognition includes the MedTech Innovator Asia Pacific 2025 Grand Prize and the Harvard Innovation Challenge Grand Prize.

Australis Scientific firmographics

Firmographics
Name
Australis Scientific
Legal name
Australis Scientific Pty Ltd
Website
https://australisscientific.com
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
1–10 employees
Short description
Australis Scientific is a Sydney-based medtech startup developing the Confidanz® Smart Patch, a wearable ankle-applied neuromodulation device with smartphone connectivity that treats overactive bladder and incontinence. It is currently in clinical trials, targeting healthcare providers and patients via prescription across Australia and Asia Pacific via Rohto Pharmaceutical.
Ownership category
akta.pro rank

Australis Scientific industry classification

Industry
Product category
Neuromodulation Medical Devices
NAICS
Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
SIC
Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB)

Keywords

  • Neuromodulation devices
  • Overactive bladder treatment
  • Wearable medical devices
  • Incontinence management
  • Medical device development

Where Australis Scientific is headquartered

Location

Headquarters

HQ city
Sydney
HQ country
Australia
HQ region
Oceania

Offices1 record

Markets served

Australis Scientific business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Hardware Device Sales: Revenue generated through sales of the Confidanz Smart Patch wearable medical device, sold directly to patients and through healthcare providers. The device is currently in clinical trials and has not yet received market authorization for sale in Australia, USA, Japan, or other geographies.
  2. Digital Health Services: Potential recurring revenue from the companion smartphone application and associated digital health services for treatment management, remote monitoring, and long-term symptom tracking.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Australis Scientific product offering

Product offering

Core offering

Australis Scientific is a Sydney-based medtech company developing the Confidanz Smart Patch, a wearable neuromodulation device applied to the ankle that delivers electrical stimulation to manage overactive bladder and incontinence symptoms. The patch pairs with a companion smartphone application for at-home treatment, remote monitoring, and long-term symptom tracking. The product is currently an investigational device being evaluated in clinical trials and has not yet received market authorization for commercial sale in Australia, USA, Japan, or other geographies.

Product overview

Australis Scientific is a medtech company developing neuromodulation devices, with Confidanz® Smart Patch as its flagship product. The company operates with a single-product focused architecture, targeting overactive bladder and incontinence treatment. Confidanz® Smart Patch is an investigational device currently being used in clinical trials and has not received market authorisation for sale in Australia, USA, Japan, or other geography. The company is expanding into Asian markets with support from partner Rohto Pharmaceutical.

Differentiator

Problem solved

Functional benefit

Brands

  • Confidanz® Smart Patch: Australis Scientific's flagship device for minimally invasive overactive bladder management, providing patients with control and comfort through neuromodulation technology.

Products and services

  • Confidanz Smart Patch The Confidanz Smart Patch is a wearable neuromodulation device applied to the ankle that delivers electrical stimulation to manage overactive bladder and incontinence symptoms. It is designed as a minimally invasive, patient-controlled treatment for adults suffering from OAB, with a companion smartphone application enabling at-home therapy, remote monitoring, and long-term symptom tracking. It is intended for distribution via prescription through healthcare providers and is currently an investigational device limited to clinical trial use.

Quantifiable outcome

  • The Confidanz Smart Patch has demonstrated efficacy in managing overactive bladder symptoms through neuromodulation therapy, though specific clinical outcome data is still being collected in ongoing clinical trials.

Companies that use Australis Scientific

Customer profile

Segments2 records

Ideal customer profiles2 records

Australis Scientific technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Australis Scientific partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Australis Scientific competitors and assessment

Company assessment

Broad incumbents

  • CVRx: Public neuromodulation company with the Barostim system for heart failure. Operates broadly in therapeutic neuromodulation with regulatory and clinical infrastructure expertise transferable to OAB applications, making it a relevant comparable for the neuromodulation business model.
  • Laborie Medical Technologies: Acquired Cogentix Medical and owns the Urgent PC percutaneous tibial nerve stimulation system for OAB, making it a broad incumbent in OAB neuromodulation and urology diagnostics. Competes for the same clinician and patient channels as Australis.
  • Medtronic: Dominant incumbent in sacral nerve stimulation for OAB through its InterStim franchise, with established reimbursement, sales infrastructure, and physician relationships. Australis must displace or differentiate against Medtronic's entrenched InterStim platform in the same therapeutic indication.

Emerging players

  • Elidah: Maker of Elitone, a wearable external stimulation device for female stress urinary incontinence. An emerging player targeting the same at-home, non-invasive incontinence treatment use case as Australis, with overlapping patient demographic.
  • Neuspera Medical: Develops miniaturized, wirelessly powered neuromodulation implants across multiple indications. Shares the neuromodulation technology DNA with Australis, including the pursuit of smaller, less invasive form factors, though currently focused on implantable sacral and peripheral nerve targets.

Direct peers

  • InControl Medical: Sells the ApexM and similar at-home electrical stimulation devices for incontinence and pelvic floor disorders. Direct competitor targeting the same at-home, non-invasive treatment positioning as Confidanz Smart Patch.
  • Axonics: Directly competes in OAB neuromodulation with its sacral neuromodulation (SNM) implant system (r-SNM). Both target the same overactive bladder patient population with electrical nerve stimulation therapy, though Axonics uses an implantable approach while Australis uses an external ankle patch.
  • BlueWind Medical: Develops the REVIVO peripheral tibial nerve stimulation system for OAB, conceptually the closest analog to Confidanz: a less-invasive, externally worn neuromodulation alternative to sacral implants. Targets the same OAB patient seeking non-surgical treatment.
  • Valencia Technologies: Markets the eCoin peripheral neurostimulator, a minimally invasive tibial nerve stimulator for urge incontinence. Directly comparable mechanism and indication to Confidanz, positioned as a smaller, less invasive alternative to sacral implants.

Others

  • Inspire Medical Systems: Public neuromodulation company with hypoglossal nerve stimulation for sleep apnea. Not a direct OAB competitor, but a relevant comparable demonstrating the path from early-stage neuromodulation startup to scaled commercial franchise in an adjacent therapeutic area.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Australis Scientific social profiles

Digital presence

Australis Scientific financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Australis Scientific leadership team

Management profile

Number of profiles

Profiles5 records

Australis Scientific funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Australis Scientific M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Australis Scientific

What does Australis Scientific do?

Australis Scientific is a Sydney-based medtech company developing the Confidanz Smart Patch, a wearable neuromodulation device applied to the ankle that delivers electrical stimulation to manage overactive bladder and incontinence symptoms. The patch pairs with a companion smartphone application for at-home treatment, remote monitoring, and long-term symptom tracking. The product is currently an investigational device being evaluated in clinical trials and has not yet received market authorization for commercial sale in Australia, USA, Japan, or other geographies.

Is Australis Scientific a public or private company?

Australis Scientific is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Australis Scientific founded?

Australis Scientific was founded in 2021. It employs 1 to 10 people.

Where is Australis Scientific based?

Australis Scientific is headquartered in Sydney, Australia, in the Oceania region.

How does Australis Scientific make money?

Two revenue lines are on record. Hardware Device Sales are the primary driver. The others are digital Health Services.

Who are Australis Scientific's main competitors?

Broad incumbents on record are CVRx, Laborie Medical Technologies and Medtronic. Emerging players are Elidah and Neuspera Medical. Direct peers are InControl Medical, Axonics, BlueWind Medical and Valencia Technologies. Inspire Medical Systems is listed as an others.

Does Australis Scientific have an API?

No public API is recorded for Australis Scientific.

What industry is Australis Scientific in?

Australis Scientific's product category is Neuromodulation Medical Devices. Its primary akta.pro industry code is HLACAPAB, Connected Medical Devices & Wearables (Sensors, Patches, Implantables). Its NAICS code is 334510 and its SIC code is 3845.

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EIN PresswireANDHealth issues $9M in digital health funding, reveals 'alarming' funding gap strangling $45B industryANDHealth awarded $9M to five startups and reported a capital access gap straining Australia's $45B digital health sector. The survey found 86% of SMEs cite capital access as a top challenge, up 26 points from 2023. ANDHealth is calling for dedicated investment funds and procurement reforms.RohtoLaunch of a wearable medical device for managing symptoms of overactive bladder in the Chinese market.Rohto Pharmaceutical Co., Ltd. announced it will enter the Chinese market in June 2026 with a non-invasive wearable medical device for managing overactive bladder symptoms, launching through its subsidiary Mentholatum Company. The device utilizes neuromodulation technology developed in partnership with Australis Scientific Pty Ltd., a health tech venture originating from Harvard Innovation Lab, with manufacturing by Beijing InnoStim Technology Co. Ltd., and received NMPA Class II medical device registration approval in December 2025. Priced at 3,739 yuan (approximately 84,600 yen), the smart patch-type device represents Rohto's first step toward global expansion of its medical business.VentureRadarNew Funding Rounds in digital biomarkersThe article presents a roundup of recent venture funding rounds for various digital biomarker and health technology companies, including Punto Health raising €2.3 million and Australis Scientific securing $9.3 million. Other notable investments include Function Health's $298M Series B and Cordance Medical's $8M seed financing. These entities are utilizing the capital to scale AI-powered platforms, diagnostic devices, and clinical care solutions.SmartCompanyFour ANZ startups that raised $52.1 million this weekFour ANZ startups—Pay.com.au, Ruminant Biotech, Australis Scientific, and Paperly—collectively raised $52.1 million in new funding this week to support market expansion and product development. Pay.com.au secured the largest share at $25 million to enter the US market, while Ruminant Biotech and Australis Scientific raised funds for methane reduction technology and medical device trials respectively. Paperly raised $3 million to expand its educational administration platform into the UK and Asia.Business News AustraliaMedtech raises US$6m for overactive bladder relief techSydney-based medtech company Australis Scientific has secured US$6 million in funding from Japanese healthcare company Rohto Pharmaceutical to advance its Confidanz smart patch, a wearable tibial nerve stimulation device for treating overactive bladder, bringing its total capital raised to $11.425 million. The investment will accelerate the ongoing first-in-human clinical trial in Australia and support regulatory submissions in Australia, the US, and Japan, while also enabling market entry into Asia through Rohto's distribution network. Rohto Pharmaceutical, headquartered in Osaka, is expanding into digital therapeutics and medical devices as part of its strategy to address ageing populations in Japan and China.SmartCompanyAustralis Scientific raises $9.3 million for smart patch that replaces adult diapersAustralis Scientific secured $9.3 million in funding for a wearable smart patch that uses nerve stimulation to treat overactive bladders and reduce reliance on adult diapers. The funding was announced on November 24, 2025, with Prime Minister Anthony Albanese pictured alongside founder Nicky Agahari.Capital BriefSydney medtech Australis Scientific closes $9.3m raise led by Rohto PharmaSydney-based medtech Australis Scientific has closed a USD6 million ($9.3 million) capital raise led by Japanese-listed Rohto Pharmaceutical to fund clinical development of its Confidanz Smart Patch, a band-aid-sized device using tibial nerve stimulation for overactive bladder and incontinence treatment. The funding will support first-in-human clinical trials underway in Sydney and Brisbane, as well as regulatory submissions in Australia, the US, and Japan. The partnership also provides Australis access to Asian markets through Rohto's existing footprint in Japan and China, where ageing populations are driving growing demand for bladder health solutions.YahooMedTech Innovator Asia Pacific Names Australis Scientific Top Innovator in 2025 Grand Finals CompetitionAustralis Scientific has been named the 2025 MedTech Innovator Asia Pacific Grand Prize Winner, receiving USD 175,000 for their development of a smart patch that delivers minimally invasive neuromodulation therapy for overactive bladder. This marks a significant achievement within the medical technology arena, highlighting the innovation potential across the Asia Pacific region. The event was hosted independently by MedTech Innovator in Singapore for the first time, emphasizing its growth as a leading platform for advancing medtech innovation.