Innovation

The 2017 Dynamic Business report looked at: Megatrends that matter The value of seizing the moment Leadership in a fast-changing future Profiting from new challenges Business Transformation  People at the core of innovation Constant change calls for agility The Deloitte Top 200 Awards The spirit of resilience Company of the year: The a2 Milk Company Chief Executive of the year: …

By Paul McBeth Oct. 22 (BusinessDesk) – Crown Fibre Holdings, the government entity tasked with overseeing the taxpayer-sponsored fibre network build, will have its mandate extended to cover rural connectivity, which Communications Minister Amy Adams wants delivered at faster speeds over the next decade. The agency will continue to be responsible for the ultrafast broadband programme, which is currently in …

AFT Pharmaceuticals, the Auckland-based drugs developer and reseller, wants to list in Australia and New Zealand, raising funds to speed up the development of products to sell in other countries. The company is considering an initial public offering on the NZX and ASX, hiring First NZ Capital as sole lead manager, it said in a statement, without indicating how much money it …

Science and Innovation Minister Steven Joyce is happy with the close association the country”s seven Crown Research Institute have with their specific industries, even as their funding comes under review in the National Statement on Science Investment. Joyce launched the national policy on how the government plans to invest in science, research and development this week, unveiling a raft of …

Scott Technology, the industrial automation manufacturer, more than doubled annual profit as revenue was boosted by a weaker kiwi dollar and gains from its RobotWorx acquisition. Profit rose to $6.1 million in the 12 months ended Aug. 31 from $3 million a year earlier, the Dunedin-based firm said in a statement. Sales rose 20 percent to $72.3 million. Profit was boosted by a …

By Fiona Rotherham Sept. 23 (BusinessDesk) – Wynyard Group, the security software firm, says its software is being used to help track down global wildlife trafficking – the fourth-largest illegal trade in the world after drugs, humans and weapons. Auckland-based Wynyard’s investigative case management software is being used to help the recently-launched, Dutch lottery-funded Wildlife Justice Commission chase organised criminals operating across many …

By Fiona Rotherham Sept. 22 (BusinessDesk) – Concussion management software developed by Kiwi technology company CSx has been put to the test by teams in Rugby World Cup 2015 as a UK medical chief calls for rule changes to protect players from head injuries. The Auckland-based company, founded by former sports therapist Ed Lodge and bankrolled by Blues co-owner Murray …

New Zealand’s nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations. The Financial Markets Authority recently approved a seventh equity crowdfunding platform which is being run by Hong Kong-based Propellar Corp, while the backers of Property Mogul, based solely on property crowdfunding, say they are in the throes of gaining regulatory approval. There …

Ossis Ltd, which uses 3D printing technology to custom design titanium implants for patients with severely damaged bones and joints, is expanding outside of Australasia to the UK. The Christchurch-based company this year doubled monthly sales of the implants to four or five across New Zealand and Australia. It’s now in talks with a UK distributor to enter that market in the next few months, giving it a springboard to …

The Icehouse will tack another medal onto an already-decorated body of work this week: Adherium will become the first of the incubator’s alumni to cross the listing threshold. A digital health technology company whose focus is to addresss the sub-optimal medication use in chronic disease, Adherium is now listed on the Australian Securities Exchange (ASX). On top of that, the …