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Diabetes Neuromathix Pty Ltd

"Artificial pancreas" medical software using Cloud computing and smartphones to personalize and enhance insulin therapies for diabetics.

  • Stage Prototype Ready
  • Industry Medical Devices and Equipment
  • Location Brisbane, Queensland, Australia
  • Currency AUD
  • Founded January 2013
  • Employees 3
  • Website neuromathix.com

Company Summary

The Neuromathix artificial pancreas is machine-intelligent medical software that constructs and implements personalized insulin doses for type-1 diabetics, improving quality of health and reducing medical costs. Cloud computing + smartphones for global access (SaaS). JDRF-funded simulation demo successful. Fundraising to optimise 2014 clinical study, before Series B, clinical trials 2015; reach market 2017. Have US patent, patents pending.

Team

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    Associate Professor Jenny Elizabeth Gunton MBBS PhD FRACP
    Director-elect

    Senior Research Officer and Group leader, Diabetes and Transcription Factors, Garvan Institute of Medical Research, Sydney (JDRF/NHMRC fellow); Staff Specialist, Diabetes & Endocrinology, Westmead Hospital; Associate Professor, UNSW, University of Sydney. Held post-doctoral fellowship, Joslin Diabetes Center and Harvard Medical School; PhD, University of Sydney; FRACP (endocrinology & diabetes); MBBS. President of Australian Diabetes Society.

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    Founder/CEO

    Mathematician expert in machine intelligence, game theory, control of complex systems. Honorary Senior Fellow at the University of Queensland (2011-13). Australia's Spitfire Memorial Defence Fellow, (2005 & 2007). Founder, NeuroTech Research and Diabetes Neuromathix; inventor of patents. Former government senior analyst, experienced in running research projects in public and private sectors.

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    Dr Michael Burnet PhD
    Member, Advisory Panel

    Michael is a graduate of the University of Melbourne and University of Adelaide (PhD Biochemistry 1992). In 2001 he became the Chief Scientific Officer of Sympore GmbH based in Germany. In 2004 he founded Synovo GmbH, a preclinical services and drug discovery company. In 2005 he founded Hi-Cap Formulations Ltd to develop IP in controlled release formulations. Both companies are profitable and have licensed IP to multi-national enterprise.

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    Member, Advisory Panel (director-elect)

    Janelle has extensive experience within the banking industry, gained both in Australia and the United Kingdom. She spent several years with UBS and Credit Suisse in the London offices as a Credit Officer assessing M&A transactions as well as highly leveraged and structured transactions. She holds an MBA from the University of Hull in the United Kingdom and a Bachelor of Business degree from Queensland University of Technology.

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    Dr James Murray MBBS LRCP MRCS
    Member, Advisory Panel

    Jim qualified in medicine and surgery from Charing Cross Hospital, London. In 1986 he co-founded, with Harry Stratford, Shire Pharmaceuticals Ltd. At Shire he supervised UK development of the first licensed treatment for Alzheimer’s, tacrine, followed by galantamine (Reminyl) and Fosrenol. Shire became UK's third largest pharma company (2007 revenue $US 2,436 million). He left Shire in 1999 to set up Hunter-Fleming, acquired in 2008 by Newron.

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    Company Secretary

    Barbara has been the primary “angel” investor in NeuroTech Research Pty Ltd, the affiliated R&D company that developed the basic Neuromathix platform technology. She has considerable organisational experience as vice-chairman or chairman of various councils and committees in one of Australia’s two main political parties, including being a long-time Branch Chairman.

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    The Hon. John Greenwood RFD QC
    Chairman

    John is a constitutional, military and commercial lawyer (he has appeared before the Privy Council in London and Australia’s High Court, been counsel for the Australian Tax Office and lectured in Commercial Law at the University of Queensland). A former parliamentarian and Cabinet Minister, and a former colonel and Reviewing Judge Advocate in the Australian Army Legal Corps, he is experienced in public administration and governance.

Advisors

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    Alastair Smith, Davies Collison Cave (patent attorney); also in-house lawyers.
    Lawyer
    Unconfirmed
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    Tony Young, BDO
    Accountant
    Unconfirmed

Previous Investors

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    Barbara Greenwood
    Unconfirmed
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    Mason Family Superannuation Trust
    Unconfirmed
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    Other private investors
    Unconfirmed