VICTORIA-based Universal Biosensors has been awarded the 2013 Manufacturing Hall of Fame Technology in Manufacturing Award.
The state’s Minister for Technology Gordon Rich-Phillips congratulated the company on its win of the category, which was newly established this year at the Manufacturing Hall of Fame Awards.
“[Victoria] is committed to increasing innovation in technology to grow the role of technology in manufacturing, particularly through micro and nanotechnology, and it is very fitting that this new award has been established as part of the wider awards program,” Mr Rich-Phillips said.
Universal Biosensors’ core technology is a disposable biosensor test strip which uses its proprietary electrochemical sensors to rapidly and accurately test for components in the blood.
Universal Biosensors has a highly automated manufacturing plant and R&D facility in Rowville. The automation capabilities allow improved productivity, producing over 750 million glucose test strips per annum, enabling the company to generate more than $30 million in revenue last year and keep over 100 jobs in Victoria.
Universal Biosensors is working with global manufacturers Johnson and Johnson through their subsidiary company LifeScan Inc to develop a blood glucose monitoring product.