Neurotologix, REX Ortho, VeinTech and CoraMetix were among the big winners of a $5 million round of grant funding under the state's Future Health Research and Innovation Seed Fund.
A Perth invention which could improve the success rate of one of the medical sector's most common procedures has received a $1.7 million windfall to help bring the product to market.
VeinTech, and researchers at Telethon Kids Institute, are among the medical researchers who will tomorrow win $2.2 million of grants through the state's health future fund.
A device to predict kidney disease and a diagnostic imaging tool for cancer surgery are among the innovations awarded a share of $450,000 for commercialisation.
Four companies including VeinTech and Vision Pharma have been selected as finalists in the Great for the State category at the Innovator of the Year Awards.
Fifty Perth-based companies and organisations - including education institutions, numerous local startups and not for profits and mining giants have been announced as finalists for the INCITE Award
Medtech startup VeinTech has won first prize at this year's Perth Biodesign course, for its invention of a device that improves cannulation, the process for intravenous vein access.