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Filed Under: BUSINESS

COHORT proves great global base for compliance software company

Virtual Mgr's Business Analyst, Georgia Rissman and CEO Anil Patel. Image: Nigel Hallett, Courier Mail

Lifestyle lured Virtual Mgr co-founder and CEO Anil Patel to the Gold Coast seven years ago with a great business idea – app-based software that enables companies to manage risk and maintain staff compliance across multiple locations and a range of operational areas, such as food handling and environmental services in healthcare.

It’s been a stunning story of success since, with revenue expected to jump by 400% in the coming year and staff numbers set to double.

After building a local base of major clients including Village Roadshow Theme Parks and the University of Queensland, the business began expanding into both the US and UK, and with the move of the core strategy and sales team into COHORT last year the growth trajectory has accelerated, particularly into the lucrative US hospital and healthcare market.

The rapid scale-up is being assisted by the rich environment of innovation offered at COHORT, which provides Anil and his team with ready access to fellow entrepreneurs as well as students and skills, and crucial exposure to government.

“Being based in COHORT has really been useful at this stage in our global growth as we’ve had great access to government, including Ministers at different events,” Anil says.

We’ve had two interns through Griffith University and are currently recruiting a PhD student to expand our data science R&D as we continue to develop our products to not only effectively manage risk and compliance, but use AI machine learning to help clients predict and avoid non-compliance incidents.”

“We’ve also been able to give back to the innovation eco-system by mentoring start-ups since we are now further along in our business maturity.”

With a background in the high-risk petroleum industry managing compliance incidents across multiple service stations, and having to rely on manual procedures in the era of fax communication, Anil recognised the opportunity for software to provide a better management solution and saw the need to develop a ‘simple’ app-based interface to ensure front line staff could more easily and effectively comply with standards.

Having proved the concept through developing solutions for dangerous goods transport, remote asset management and associated occupational health and safety requirements with clients including Caltex and BP, the company turned its attention to other high-risk areas including food safety, commercial cleaning and cleaning services within hospitals.

And they aimed high – entering the highly-litigious US market with a cloud-based health product that enables environmental services staff to execute step-by-step cleaning tasks for infection control compliance, while incorporating training and policy information, tracking assets and issues and providing managers with rich data on staff performance, workflow and risk mitigation.

They secured a Tier 1 hospital in Rochester, New York as their first client and haven’t looked back, with their biggest contract to date with global facilities management company Compass PLC that will see Virtual Mgr deployed in up to 800 US hospitals, led by their CEO North America, Tony Morocco.

“This is a major opportunity for us and will see our global staff accelerate from just under 30 now to up to 70 people within the next 1-2 years,” Anil says.

Virtual Mgr will focus on the US where technology take-up is high, along with the UK and their emerging market in Canada, while the high-risk cruise ship industry is another target, alongside the Asian market.

Expanding the tech in their products is another key focus, with increasing use of sensor and IoT technologies particularly to ensure temperature control for food safety, and enhanced real time data analytics for incident management.

Founding partner and tech guru Neil Fillingham remains Melbourne-based, along with a number of developers, and the US will see the most significant staff growth, but the GCHKP is set to provide a long-term HQ for the innovative company.

COHORT programs expand as 1 year anniversary approaches

Still within its first year of operation, COHORT will expand its program offering in 2020, launching a ‘lunch ‘n’ learn’ program from February 13, while the 2020 Mentoring program is set to commence from March ahead of the first anniversary in April.

Programs include:

  • Business Health Check – for all new members to get their business revving
  • Experts Program –  business advice series with high-profile industry entrepreneurs and professionals delivered in a lunch ‘n learn group session once a month.
  • The COHORT mentorship program is aimed at bringing together promising young entrepreneurs managing rapidly growing companies with already experienced and established entrepreneurs, with members entitled to up to 3 mentoring sessions from a pool of mentors.
  • Digital workshops – part of the national ASBAS program, COHORT hosts a range of digital workshops that are seriously subsidised by the Australian Government to get SME’s more digitally capable in focus areas including websites and online selling, social media, small business software and security.

There are still places available in the highly-regarded Women in AI program, which includes a 6-day camp and year-long mentoring for young women leaders in data science.

While available private offices are currently fully utilised, there are a range of flexible packages for co-working desks in the heart of the Precint’s Lumina commercial cluster.

February 5, 2020 By Kathy Kruger

Filed Under: People of the Precinct Tagged With: Institute for Glycomics, Mark von Itstein

Institute for Glycomics celebrates 20 years and top honours

Professor Mark von Itzstein AO, Founder and Director, Institute for Glycomics and Gold Coast Citizen of the Year 2020

Griffith University’s Director and Head of Research for the Institute for Glycomics Professor Mark von Itzstein AO  has been honoured with the Gold Coast Citizen of the Year award at the city’s 2020 Australia Day awards, marking the start of 20th anniversary celebrations for one of the Precinct’s flagship research institutes. 

The honour recognises the commitment and success of Professor von Itzstein, who led the research team that discovered the world’s first drug for Influenza, Relenza, and has championed the strong vision for the Institute that has seen it grow from humble beginnings with a handful of staff to more than 200 researchers tackling infectious diseases and cancers.

“The vision that we started with 20 years ago has not changed, and as a unique leading medical research institute in the country, we strive to discover solutions to difficult diseases,” Professor von Itzstein says.

“I am honoured to accept the award on behalf of all members of the Institute, as it is the team that has driven the success of our translational research in fighting diseases of global impact.” 

With a number of discoveries progressing into the commercial pipeline, the Institute most recently signed a landmark multi-million dollar co-development deal with Hong Kong listed China Grand Pharma’s newly established Australian company Grand Medical Ltd to develop a new drug for Human Parainfluenza Virus (hPIv). 

Celebrating the vision

“And the future? Make no mistake, the fight against diseases is one of the world’s, and our Institute’s, most significant challenges, but I believe that the opportunities to solve these 21st Century problems are endless.
And we’re ready for the battle ahead.”

Professor Mark von Itzstein AO
Founder & Director

Anniversary celebrations

Glycomics Research Awards Evening, 20-02-20

Date: Thursday 20 February, 2020
Time: 5.30 pm
Venue: Institute for Glycomics Lecture Theatre (G26 4.09), Griffith University Gold Coast (map)
Dress: Smart casual

  • 2020 Glycomics Honours & Masters Scholarships
  • 2019/2020 Bendigo Bank Paradise Point Glycomics Summer Scholarships
  • 2020 Glycomics Research Excellence Awards

RSVP here by 13 February, 2020 for this free celebration event.

20th Anniversary Grand Ball 

Date: Saturday 15 August, 2020
Time: 7pm – 11pm
Venue: RACV Royal Pines Resort, Grand Ballroom
Dress: Black tie

Tickets: $220 per person incl GST, $2,000 incl GST for a table of 10

Sponsorship packages are now available to support this major fundraising event. Download the Sponsorship Proposal – Glycomics 20th Anniversary Grand Ball.

February 4, 2020 By Kathy Kruger

Filed Under: BUSINESS, HEALTH Tagged With: China, drug discovery, Grand Pharma, Institute for Glycomics

Landmark drug development deal with China for block-buster drug

Institute for Glycomics Director Professor Mark von Itzstein AO signs the agreement watched by Griffith University Vice Chancellor and President Professor Carolyn Evans

Griffith University’s Institute for Glycomics has partnered with Hong Kong listed China Grand Pharma’s newly established Australian company Grand Medical Ltd to develop a new drug for Human Parainfluenza Virus.

Human parainfluenza virus (hPIV) commonly causes upper and lower respiratory illnesses in infants, young children, the elderly, and people with weakened immune systems, including transplant patients, however anyone can get infected. Respiratory tract infections remain the deadliest communicable diseases worldwide, causing more than 3.2 million deaths in 2015 alone.

Currently there is no therapeutic available to specifically treat hPIV infection, with the potential for the Institute’s new drug to be a global block-buster.

Biggest deal of its kind for an Australian University

“This multimillion-dollar agreement represents Australia’s largest preclinical stage university engagement with Pharma to discover a novel antiviral drug and reflects our strong scientific team and IP portfolio”.

Dr Chris Davis, General Manager, Institute for Glycomics

Professors Mark von Itzstein and Carolyn Evans with Dr Linda Shi (Grand Medical Ltd) and Dr Michael Wang (China Grand Pharma)

The deal comprises significant upfront Research & Development and licence fees plus development and sales milestone fees with a tiered royalty on product sales.

China Grand Pharma has made major investments in several international companies including an Australian company Sirtex Medical Pty Ltd, German company Cardionovum GmbH and Canadian company Conavi Medical Inc.

READ MORE

December 5, 2019 By Kathy Kruger

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