Medical Corporation Australasia (MOD)

Shares / Stock Code

MOD

Stock Exchange / Sharemarket

Australian Securities Exchange

Medical Corporation Australasia (MOD) is an investment company focusing in the healthcare sector. It currently has four investments: ObjectiVision Pty Ltd (medical technology company that designs, patents and markets high-value vision-related products that contribute to the prevention of blindness); Hangzhou AoYi Pollen Pharmaceutical (pharmaceutical business situated in China); Symbion Pty Ltd (developer of Australian biotechnology); and cervi-MAX Speculum (gynaecological medical device MOD is commercialising).

The company was created in 1996 via an initial capital raising. MOD's initial projects included the development of a Vietnamese healthcare facility, a Chinese pharmaceutical operation, and the commercialisation of various sterile medical instruments. In 2000, MOD invested in the ObjectiVision project, becoming the majority shareholder in 2002.

MOD aims to become a major investor in the healthcare sector in Australia and Asia. Its primary investment is in ObjectiVision. ObjectVison's AccuMap seeks to assist ophthalmologists with the detection of the eye disease, glaucoma, at an earlier stage than the current testing method. AccuMap's potential to detect conditions other than Glaucoma (ranging from cerebral tumours to Multiple Sclerosis) is being investigated.

MOD aims to market the AccuMap technology to ophthalmologists. The company has received regulatory approval in Australia, the EU and the US. The AccuMap competes with conventional diagnostic technologies. Medical Corporation Australasia listed on Australian stockmarket (ASX) on 18 December, 1986.

Medical Corporation Australasia (MOD) Products and Services

  • Investment in healthcare and medical product businesses and projects in Vietnam, China and Australia.

Medical Corporation Australasia (MOD) Locations and Subsidiaries

Medical Corporation Australasia Head Office
Level 5, 150 St George's Terrace, PERTH,
WA, AUSTRALIA, 6000
Phone: (08) 9322 9811
Fax: 08 9322 3200

Medical Corporation Australasia (MOD) Share Price

Submitted by ASX Listed Company on 13 May, 2010 - 15:46

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