Annual reports

2024 YEAR IN REVIEW

Message from our Chief Commercialisation Officer

I am excited to share and reflect on another exciting year of growth and development. Every milestone we reached brought us closer to our ambitious vision of shaping the future through research translation and innovation.

Through a structured intellectual property assessment and review process, we gain a deep understanding of the research and collaborate to define the most effective path to commercialisation. Over the last decade, we have seen significant growth in the creation of spinout companies at Monash along with numerous significant licence deals with various organisations.Our focus has always been clear - driving pioneering research and impactful innovation. Thanks to the drive and creativity across the University, we are actively shaping the future of innovation in Australia and globally.

I invite you to read the 2024 Year In Review Report to learn more about innovation at Monash and how we turn bold ideas into reality for a better world.

- Alastair Hick, Chief Commercialisation Officer, Monash Innovation

IMPACT IN NUMBERS

Multiyear snapshot 2020 - 2024

  • New invention disclosures

    536

  • New patent families

    169

  • New spinout companies

    33

  • Generator Accelerator Program Startups

    88

MILESTONE  MOMENTS

IMPACT STORIES

Myostellar

Harnessing the immune system to direct skeletal muscle regeneration.

Seaport Therapeutics

Advancing the development of novel medicines for depression, anxiety and other neuropsychiatric disorders.

Signbank

Signbank is the authoritative online dictionary of Auslan.

Actimo Labs

Actimo Labs is a next-generation contract research organisation revolutionising antibody drug development through AI-driven toxicology solutions.

Focus Bear

Focus Bear helps boost productivity by managing distractions, building routines and assisting with punctuality.

Electralith

ElectraLith is unlocking a green future with the cleanest, most versatile, and most cost-efficient method of extracting and refining lithium, the fundamental element of a sustainable future.

Jupiter Ionics

Pioneering Clean Agriculture, Energy, and Transport with Green Ammonia

Kite Magnetics

Accelerating Green Aviation with Ultra-Quiet, High-Performance Nanocrystalline Electric Motors

Additive Assurance

Precision Perfected in the Ever-Growing 3D Printing Industry

Mindset Health

Mind Matters - Improving Health Outcomes with World-Leading Hypnotherapy That Fits in Your Pocket

Avarax

Innovating Immunity - Aravax’s PVX108 Breaks Ground in Safe Peanut Allergy Treatment

Monash University Low FODMAP Diet

Taming Tummies - The Low FODMAP Diet App That Is Transforming IBS Management Across the World

RAGE Biotech

Advancing Precision Therapeutics – RAGE Biotech’s Commitment to Tackling Chronic Inflammation

Phrenix

Building a pipeline of highly targeted therapeutics for cognitive, psychiatric, and neurological disorders.