Successful Commercialisation of Your MedTech Innovation

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PwC Perth

Level 15, 125 Saint Georges Terrace

Perth, WA 6000


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Event description
Find out about the journey your research should take to become a commercial success story of the MedTech industry.

About this Event

Australia’s MedTech industry is in a time of high growth, transforming global health outcomes and, according to CSIRO’s Medical Technologies and Pharmaceuticals Roadmap, is currently responsible for 3 percent of the world’s biomedical research.

Our national MedTech sector also contributed $4.9 billion gross value added to the Australian economy in 2018, supporting 70,000 jobs across 1,285 companies.

In Western Australia, we experience a strong heritage of successful medical training and research discoveries, as a result of our well-established medical research facilities, start-of-the-art infrastructure and internationally-recognised capability in gene technologies such as phenomics and genomics. Despite this, the sector still faces key challenges in terms of scalability to take early stage research to commercialisation, growth opportunities in comparison to the rest of the country, and the need to attract and retain the best talent.

PwC and Wrays are excited to bring you an exclusive breakfast event where we will explore the “Successful Commercialisation of Your MedTech Innovation”. Bringing together speakers from a range of areas of the industry, we will discuss ways of breaking into the market, including practical tips for getting VC / investor ready, how to make money out of your research and what some of the key attributes to a successful journey are.

About the speakers…

Carel Smit, Non-Executive Director, Biotome and Life Sciences Patent Attorney

As a former medical devices entrepreneur and patent attorney, Carel has strategy, BD, and commercialisation experience across a wide range of industries. He has master’s degrees in science, law, and management, including an MPhil in Bioscience Enterprise from Cambridge University.

Having formerly served as IP counsel at Rio Tinto and an ASX-listed IP monetisation company, Carel is now a Non-Executive Director of Biotome, a stomach cancer diagnostics company. He is also involved in capital raising and BD for various startups in the life sciences and agribusiness industry.

Carel’s views on business, IP, and strategy have been featured by Forbes, Entrepreneur (US), ABC radio, the Australian Government (IP Australia), the Australian Institute of Company Directors, Business News, Popular Mechanics and others, and he has served as consultant or panellist to governments at state and national level. Since 2012, he has also served as a guest lecturer for the University of Western Australia's MBA, entrepreneurship and MBiotech students.

Sheryl Frame, Commercialisation Advisor, Entrepreneurs Program – Accelerating Commercialisation

After 4 year as General Manager of Clayko Group, Sheryl joined Commercialisation Australia in May 2011. A change in Government saw the formation of the Entrepreneur Program as an all encompassing vehicle to help businesses. Sheryl is now a Commercialisation Adviser with the Accelerating Commercialisation element of this program.

Sheryl’s expertise is in new business development, strategy, sales and marketing specifically in the healthcare, biotech and technology sectors. She has an extensive network of international and local business contacts throughout Southern Africa, the UK, Canada and the US.

She maintains positions on the Board of SpringBoard Enterprise Australia, StartupWA and Women in Technology WA (WITWA)

She previously sat on the Executive Board of Australian Women in IT, Science and Engineering (AWISE),

Sheryl began her career studying physiotherapy at the University of the Witwatersrand in South Africa before changing direction and joining IBM She has acquired extensive technology and business skills over the years in many and varied roles including as a systems engineer and programmer, in sales, marketing and management.

Sheryl has strong people skills and particularly enjoys building relationships and overcoming the challenges faced in commercialising new technologies.

Matthew Oldakowski, Bioneering Researcher, Inventor and Entrepreneur, Biodesign Australia

Matt is a biomedical engineering researcher and medical device entrepreneur with a mechanical engineering degree from The University of Western Australia.

In his PhD studies at Curtin University he co-developed an expandable orthopaedic screw which spun-out into REX Ortho. He is also a co-inventor and co-founder of Cervical ChinUp.

Matt recently returned from Stanford University where he trained as a Global Faculty in Training Fellow at the Stanford Byers Center for Biodesign, as well as being an Endeavour Executive Fellow. He now works across Curtin University and St John of God Hospital to establish bioengineering capability, in addition to being Perth Biodesign’s co-Course Director for Accelerating Australia.


7.15am: Doors open & networking

7:30am: Welcome

7:40am: Panel discussion and Q&A

9:00am: Networking

9:30am: Close

A light breakfast will be served.

Presented by…

This event is presented as a collaboration between PwC Australia and Wrays.

At PwC Australia our purpose is to build trust in society and solve important questions. We’re a network of firms in 158 countries with more than 250,000 people who are committed to delivering quality in assurance, advisory and tax services. Our dedicated Incentives & Innovation team works nationally to help organisations unlock benefits for their business. This includes helping organisations to optimise incentives and outcomes, and build internal and external innovation capability, through deep knowledge of R&D tax incentives and government grant programs. Find out more and tell us what matters to you by visiting us at

Wrays is one of the largest independent IP specialist firms in Australia, bringing together the right combination of experts to protect, grow and defend your intellectual property rights locally and globally. We work with innovators of all shapes and sizes, helping to develop IP strategies and management plans to leverage IP assets to support our clients innovation journeys. Find out more about us at


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We look forward to seeing you there!

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PwC Perth

Level 15, 125 Saint Georges Terrace

Perth, WA 6000


View Map

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