EMVision Medical Devices: Awarded $5m MMI grant

EMVision Medical Devices Awarded $5m MMI grant

• EMVision Medical Devices (EMV) is awarded a grant under the Modern Manufacturing Initiative (MMI) program by the Department of Industry, Science, Energy and Resources
• The medical device company has been awarded $5 million under the MMI Manufacturing Translation Stream program
• The program provides businesses with funding to support projects that translate high quality research into commercial outcomes
• It has not been disclosed what the funding will be used for but the company confirms that further details will be published as soon as possible
• EMVision shares are up 8.09 per cent, trading at $1.87 as of 10:33 am AEST