Commercialisation TIMELINE
STAGE ONE TIME
Design and fabrication of 5 CE-marked production models and headset 2022/23
Demonstrate to research institutes and pharma companies. 2023/23
Health Economic and Clinical integration Studies 2022
On-going R&D (Alzheimer’s; PCS; Anxiety, PTSD 2022- 24
STAGE TWO
Strategy and plan for TGA/FDA Regulatory approval and MBS registration 2022
Negotiate licenses with Pharma and Research Institutions. 2022/23
Commence 3 Clinical trials for TGA/FDA Regulatory approval. 2023
On-going Product Development (hardware miniaturisation & AI Software) Ongoing
STAGE THREE
Complete trials and obtain TGA (Australia) registration 2023/24
FDA Registration 2023/24
STAGE FOUR
License to a major medical device manufacturer and distributor. 2024/25
Negotiate MBS Medicare item numbers. 2024/25
Promotion to Clinicians Australia; USA; Europe. 2025/26