A leading medical device manufacturer will establish a $13.8 million facility in Maryborough and create up to 194 local jobs thanks to the Palaszczuk Government’s $150 million Advance Queensland Industry Attraction Fund.
Member for Maryborough Bruce Saunders said Analytica’s decision to locate its manufacturing and call centre operations in Maryborough will be an immense boost to the local economy.
“Analytica are a Queensland company dedicated to the design, development and supply of Class I and II medical devices,” Mr Saunders said.
NOW READ: Government funding for Hervey Bay seaweed project
“This is a great win for Maryborough and our local manufacturing sector as Analytica currently outsource manufacturing services to interstate companies.
“Almost 200 new jobs will be created locally over five years, with roles at the facility to include technicians and trades, sales, clerical and admin, machinery operators and labourers.
“This decision is a vote of confidence in our community and economy, and further proof Queensland’s COVID-19 Economic Recovery Plan is working.”
Analytica’s lead product is the PeriCoach System, an e-health treatment for the one-in-three women worldwide who suffer from urinary incontinence after pregnancy or in older age.
The women’s health product is designed to help new mothers rehabilitate their pelvic floor muscles through exercise, and is unique in its ability to link the exercise in a smartphone app to patients’ support clinicians.
ALSO READ: Hervey Bay boat builder making waves – under water
Treasurer and Minister for Investment Cameron Dick said the global homecare health market is booming, and the Palaszczuk Government is focused on helping Queensland businesses capitalise on the activity.
“With Analytica securing patents and clearances to market PeriCoach from health and therapeutic agencies in Australia, the US and Europe, the export opportunities are significant,” Mr Dick said.
“Our government will continue to facilitate investment in the biomedical and advanced manufacturing sectors, and we’re thrilled to be supporting Analytica as they expand in Queensland.”
Analytica Chairman Dr Michael Monsour said there is significant market demand for devices to treat a number of ailments, including stress urinary incontinence and pelvic organ prolapse, and that devices such as the PeriCoach offer significant benefits.
“Our product comprises a device, web portal and smartphone app, and brings full feedback-driven treatment into the privacy and convenience of the home,” Dr Monsour said.
ALSO READ: Buy Local gift card helping stimulate Fraser Coast economy
“Women can also give access to their treating physician to monitor their progress remotely.
“We are excited to be establishing our headquarters, manufacturing and call centre operations in Maryborough.
“We’re looking to secure a facility that we can fit-out to our specifications within the next six months.”
Analytica’s facility is proposed to include a factory, warehouses, call centre, data centre and offices.
The manufacturing capabilities will be built up over time, with the final proposed stages to allow plastic and silicone components to be moulded for the device and printed circuit boards to be fabricated.
Mr Dick said Analytica’s operations will further build on Queensland’s growing reputation as a globally competitive and innovative biomedical manufacturing hub.
“Queensland is at the forefront of technological innovation,” he said.
“By helping companies like Analytica take the next step and grow locally, we will unlock a new era of opportunity for our state.”
Press release issued by the Queensland Government on Thursday, 16 September 2021.
Hashtags: #goodnewsfrasercoast | #frasercoastnews | #frasercoast | #frasercoastbusinessdirectory
Keywords: Good News Fraser Coast | Fraser Coast News | Hervey Bay news | Maryborough news | Fraser Coast Business Directory