More than 3.4 million patients have now been positively impacted and over 510 new, high-value jobs created through digital and connected health technologies developed by 28 ANDHealth+ portfolio companies, it was revealed at the ANDHealth Digital and Connected Health Commercialisation Showcase event in Canberra today.

ANDHealth Founder and Chief Executive Officer Bronwyn Le Grice said the latest quarterly data to 30 September 2025 on outcome metrics from the ANDHealth+ program further highlighted why ANDHealth was Australia’s leading digital health technology commercialisation organisation.

“The technologies developed by the companies are extraordinary and range across the entire digital health sector – everything from ingestible gas-sensing smart capsules to wearable sensors, digital biomarkers, remote rehabilitation, at-home and AI-powered diagnostics and platforms, which support patients to manage complex and chronic health conditions,” Ms Le Grice said.

Together, these companies have achieved some remarkable outcomes, including:

  • Impacting more than 3.4 million patients, and climbing rapidly
  • Attracting $195 million in follow-on funding
  • Generating $82 million in revenue
  • Undertaking 42 new international market launches, showcasing Australian innovation to the world
  • Creating over 510 new, high-value jobs  

“For too long, people have said Australia is known for its world-class research but falls behind when it comes to commercialisation and translation. Today, the companies and partnerships highlighted at our showcase in Canberra are rewriting that narrative – proving that brave and bold innovation and world-class execution start here, at home,” Ms Le Grice said.

Around 70 people gathered in Canberra today for the ANDHealth Digital and Connected Health Commercialisation Showcase event, where Industry and Innovation Minister Senator Tim Ayres was key speaker.

Minister Ayres said the technologies developed by these companies was innovation “driven by purpose”.

“They’re driving tech solutions and human solutions to make health care better for ordinary people and having a real, positive human consequence," said Minister Ayres.

An independent economic assessment of ANDHealth+ in 2024 found it outperforms other leading accelerator programs across technology and health across all major outcomes. For every dollar invested by the government, our companies have raised $22.20 in new capital and generated $7.60 in new revenues. For $1 million invested into ANDHealth+, 56 high-value R&D jobs were created – which is 14 times more than the International Monetary Fund’s benchmark of four jobs.

The showcase marked the conclusion of the Australian Government’s Medical Research Future Fund (MRFF) Early-Stage Translation and Commercialisation (ESTAC) initiative-backed ANDHealth+ program.

“The Australian digital and connected health sector has grown over 50 per cent year on year since 2019 and is positioned to deliver substantive economic and health benefits to Australians as well as to patients around the globe,” Ms Le Grice said.

ANDHealth has a strong pipeline of more than 1,200 digital and connected health companies that it works with, at various stages of maturity with over 45 per cent of these in critical stages of commercialisation as the enter proof of concept and beyond. It delivers world-class commercialisation skills training, accelerator and incubator programs and provides professional management of substantial non-dilutive funding through the MRFF, all of which are designed to create fit-to-fund and fit-to-deploy technologies at the forefront of health innovation.

“ANDHealth is proud to have been awarded a further $33 million from the MRFF earlier this year to expand and evolve the ANDHealth+ program and we’re excited to drive even greater innovation in digital health across Australia,” Ms Le Grice said.

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