12 August 2019 | News
The iQ Group Global was recognised for its innovation, the Saliva Glucose Biosensor which is the first non-invasive, pain-free replacement for finger prick glucose testing for people living with diabetes
The iQ Group Global is honoured to be recognised as one of Australia and New Zealand's Top 5 Most Innovative Companies by The Australian Financial Review and BOSS Magazine in its relentless pursuit to create the medicines of tomorrow.
The iQ Group Global ranked #5 on the Health Industries list, from more than 800 nominated organisations across Australia and New Zealand. The assessment measures a top innovation of the past twelve months.
The iQ Group Global was recognised for its innovation, the Saliva Glucose Biosensor which is the first non-invasive, pain-free replacement for finger prick glucose testing for people living with diabetes. Currently, more than 425 million people live with diabetes globally.
The Group was also recognised for its unique enterprise model, which is designed to find, fund and develop life-changing bioscience discoveries, and take them to the people who need them most.
"At The iQ Group Global, innovation is in our blueprint. We are thrilled to be recognised as one of Australia's Most Innovative Companies for 2019 as we continue our relentless pursuit to turn bioscience discoveries into tangible medical innovations for people all over the world," Chief Executive Officer of The iQ Group Global, Dr George Syrmalis said.
The prestigious annual list, published by The Australian Financial Review and BOSS Magazine, is based on a rigorous assessment process managed by Australia's leading innovation consultancy, Inventium, in conjunction with a panel of industry expert judges.
Specifically, the judges look at how valuable the problem is that the innovation is solving, the quality and uniqueness of the solution, and the level of impact that the innovation has had. Judges also assess internal elements such as innovation culture, strategy, resources and process, which demonstrate a sustainable and repeatable approach to innovation. For the first time in 2019, organisations were ranked directly against their peers across ten industry lists.