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Filed Under: HEALTH, People of the Precinct, PROJECTS, TECHNOLOGY Tagged With: Australia, BiVACOR, City of Gold Coast, Daniel Timms, Gold Coast, The Australian, top 100, Total artificial heart

Australian-designed Total Artificial Heart amongst The Australian’s Top 100

BiVACOR's Daniel Timms

Inventor of BiVACORs Total Artificial Heart makes The Australian's Top 100

Dr Daniel Timms, a biomedical engineer from Brisbane, has landed on this years’ The Australian Top 100 Innovators List, for his Australian-designed BiVACOR Total Artificial Heart. The list names leading innovators in their fields, celebrating the ambition and commitment of the nation’s newest entrepreneurs.

BiVACOR is a clinical-stage medical device company developing the Total Artificial Heart (TAH), the first long-term solution for patients with severe heart failure.

The BiVACOR TAH could become the world’s first permanent artificial heart replacement after being developed by Dr Daniel Timms and his father Gary, who was dying of heart failure.

In a successful FDA-approved Early Feasibility Study trial conducted in Texas in early July, the 650g titanium pump was implanted for eight days in a patient. They have since gone on to complete numerous other trials, in one case keeping a young father alive for just short of a month before a donor heart became available.

The BiVACOR TAH promises to last longer than other artificial hearts because it uses a single spinning disc to push blood around the body. The disc is magnetically levitated within its chamber, minimising wear and tear. This design will revolutionise the heart failure field and see the delivery of a life-long alternative to organ donation.

BiVACOR has received $50m in funding from the Australian government this year, while the Medical Research Future Fund has backed a trial in Australian patients.

BiVACOR’s Research and Development arm is based in the Gold Coast Health and Knowledge Precinct. From there, they have been collaborating with Griffith University’s world-class Mechanobiology Research Laboratory which has been performing advanced laboratory testing on the total artificial heart.

“Coming back from the US, where we work very closely with the world-renowned Texas Heart Institute, to see the expansion of the Gold Coast Health and Knowledge Precinct made it really attractive for us to bring our technology back here to work with a world-leading laboratory at Griffith.”

DANIEL TIMMS, Founder and CTO, BiVACOR

October 22, 2024 By Gemma Bull

Filed Under: BUSINESS, INVEST, LIVE, PROJECTS Tagged With: Australia, City of Gold Coast, Economic Development Queensland, Economic outlook, economy, Gold Coast, work and study

Australia’s fastest growing economy

New buildings under development at the Gold Coast Health and Knowledge Precinct

Gold Coast, Australia's fastest growing economy

The Gold Coast is Australia’s sixth largest city and fastest growing economy. It is a hub of opportunity, transforming into a global destination and home to more than 666,000 people.

Strategically located on the edge of the Asia-Pacific rim, with access to two international airports, the Gold Coast is perfectly positioned as a destination for business, investment, study, research, sport, events, tourism and lifestyle.

With a robust economy valued at $45.38 billion, and an ambitious strategy that encourages innovation and sustainable growth, the Gold Coast’s future is full of promise.

The City of Gold Coast’s Gold Coast Economic Report 2024, released earlier this week, shows that Gold Coast is Australia’s fastest growing economy post-COVID, and is outperforming expectations.

The report shows that Gold Coast’s sustained growth is higher than other benchmark economies such as greater Perth, greater Brisbane, greater Adelaide, ACT, Australia, Queensland, greater Sydney, and greater Melbourne.

Moreover, in year ending June 2023, GRP growth, GRP per capita, growth in tertiary qualifications, and job-to-worker ratio have exceeded projections.

Gold Coast is the place to be for businesses, with the Gold Coast forecasted to experience high medium-term growth and to outperform Brisbane, Sydney and Melbourne. The technology sector is also expected to grow by almost 40% by 2028.

Need more reasons to do business on the Gold Coast?

Top 10 reasons to do business on the Gold Coast

1. Australia’s fastest growing economy
Post-pandemic, the Gold Coast Economy has experienced an average annual growth of 5.5%, ahead of Brisbane (4.5%) and Sydney and Melbourne (both 2.5%)

2. Fast-growing knowledge economy
The value of our knowledge sector is growing 10% faster than the Australian average.

3. Entrepreneurial culture
5,000 new knowledge economy businesses were added in FY2021-22.

4. Low unemployment
The Gold Coast is tracking about 1% below the Australian average.

5. Education options
Home to three universities and some of Queensland’s best secondary schools.

6. Transport
Serviced by two international airports—Brisbane and Gold Coast—and Queensland’s first light rail system.

7. A tourism destination
In 2023, the Gold Coast welcomed more than 12.2 million visitors, generating $7.8 billion in visitor expenditure.

8. Natural beauty
The city boasts 52km of coastline and 100,000ha of nature reserves, world heritage sites and substantial rainforest (as well as more waterways than Venice!)

9. Perfect climate
The Gold Coast averages 10 hours of sunshine a day on almost 300 days per year.

10. Great dining and arts scene
The Gold Coast has a year-round calendar of cultural events, live performances and gallery exhibitions and is home to 24 Australian Good Food Guide-hatted restaurants.

Read on
  • City of Gold Coast’s Gold Coast Economic Report 2024
Artist impression of the Gold Coast Health and Knowledge Precinct when complete

October 15, 2024 By Gemma Bull

Filed Under: HEALTH, STUDY Tagged With: Cohort, Gold Coast, Griffith University, health innovation

Meet Dennis Nguyen

Meet Dennis Nguyen.

Growing up in Vietnam in the 2000’s, Dennis developed a passion for healthcare and innovation, inspired by stories of technological advancements and entrepreneurship he read on the internet.  

Setting his sights on a career in the healthcare innovation industry, Dennis made the decision to move abroad to study at Griffith University in the heart of the Gold Coast Health and Knowledge Precinct. Dennis has embraced the Gold Coast life, jumping on every opportunity that comes his way, and becoming an active member of the Griffith and Gold Coast communities.   

He’s looking toward a future where he can use emerging technology, such as Artificial Intelligence, to develop new treatments for diseases and improve medical devices.   

We sat down with Dennis to chat about what it’s like to study and live on the Gold Coast.  

Q. What are you studying at Griffith University, and how far through your studies are you?  

A. I am currently in my third year studying Bachelor of Medical Laboratory Science at Griffith University. As I approach my clinical placement, I am excited to apply what I’ve learned directly in a clinical setting. Medical Laboratory Science plays a crucial role in diagnostics, contributing to up to 70% of all medical decisions. This field not only deepens my understanding and interpretation of various medical tests but also discover the bridges between on-going and innovative diagnostic tools with essential medical background.  

Q. Why did you choose to study overseas?   

A. Growing up in the 2000s, an era of internet breakthroughs, I was fortunate to be exposed to inspiring stories of technological advancements and entrepreneurship. This exposure, coupled with the reading of historical books, deeply instilled in me the desire to pursue a career in the technological healthcare sector. Motivated by this passion, I have always aspired to study abroad in an unfamiliar environment that not only challenges me and but also supports and aligns with my career-goal of innovative healthcare.  

Q. What made you choose the Gold Coast as your destination to come and study in Australia?  

A. I first learned about the Gold Coast from family recommendations. After conducting thorough research on the area and the educational facilities, I discovered Griffith University and then the Gold Coast’s Health and Knowledge Precinct, I am convinced that it is the ideal place for my future studies. The Precinct’s mission of “people transforming lives” aligns with my desire to immerse myself in new experiences and grow both personally and academically.  

Q. What programs or groups have you been part of since moving to the Gold Coast? 

A. Alongside my studies, I have dedicated my time and energy to a range of activities. My journey began as a volunteer with Griffith Mates—an organisation part of Griffith International that supports international students in their transition to life in Australia and at Griffith University. We have hosted and participated in various cultural exchange events, aiming to help international students bond and feel welcomed at Griffith University. I have engaged in similar roles at the School of Pharmacy and Medical Sciences as a student mentor.   

These experiences have underscored the importance of contributing to the community and how it can profoundly impact individual growth. Most recently, I was honoured to become one of the 2024 Mayor’s Student Ambassadors, a role in which I represent and promote the Gold Coast globally as not only a beautiful destination to live but also a land of excellent education and opportunities.  

Q. What connections have your studies or other programs had with the Gold Coast Health and Knowledge Precinct?   

A. During my educational journey at Griffith University, I have been deeply inspired by the dynamic medical sciences research that permeates the atmosphere—something that teachers, mentors, and even my University friends are continuously contributing.   

Through the university’s mentorship network, I have had the privilege of connecting with industry leaders who work at the Precinct, further enhancing my academic and professional experiences.  

Additionally, my passion for entrepreneurship constantly drives me to seek new learning opportunities. The Cohort Innovation Space at the Precinct has become one of my favourite destinations. It is here that I took one of my favourite courses, the Griffith Innovation Challenge, which focuses on teaching entrepreneurship and its application in solving real-world problems.  

The Cohort also provides a dynamic platform for events that allow students like me to learn, engage with industry leaders, and continue to nurture my aspirations in the field of innovative healthcare.   

Q. Do you feel you have been offered opportunities to connect with people/organisations via the Precinct?  

A. Absolutely! As a student passionate about advanced medical research and its potential to transform lives, the Precinct offers an ideal environment for connecting with like-minded and leading individuals. The people here are proactive, always ready to offer support and inspiration, making it a fantastic place for someone like me who is just starting.  

Q. Where would you like to see yourself in 5 years’ time?   

A. In near-future time, I would love to see myself gaining as much experience as possible in Medical Laboratory Science. However, with all the opportunities, education and network that I have found at the Precinct whilst being as a student, I wonder how great it would be if I continue my involvements as a health-care professions in a supporting ecosystem like the Gold Coast Health and Knowledge Precinct!? 

Q. What advice would you give to a school leaver about choosing their next step?  

A. For students studying on the Gold Coast, particularly those will be pursuing a healthcare degree at Griffith University, I believe that we are fortunate to be part of a supportive environment that support our growth potential. The best approach we can take is to continually strive for improvement in our daily activities, engage in various experiences to learn more about ourselves, and regularly reflect on these experiences. This mindset will help us excel both academically and personally.  

  

Thanks, Dennis, for taking the time to talk to us, and we look forward to seeing you in and around the precinct!   

September 9, 2024 By Gemma Bull

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From Research to Reality: GCHKP Talent Leads the LuminaX 2025 Cohort image

From Research to Reality: GCHKP Talent Leads the LuminaX 2025 Cohort

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Clinician Entrepreneurship Program wraps as a big success image

Clinician Entrepreneurship Program wraps as a big success

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International Women's Day event 2025 image

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Associate Prof Lara Herrero leading the fight against mosquito-borne diseases and advancing medical research image

Associate Prof Lara Herrero leading the fight against mosquito-borne diseases and advancing medical research

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