$3M funding takes Monash Bionic Vision closer
The Monash Vision Group (MVG) moves a step closer to clinical trials of its Bionic Eye, thanks to landmark donations from two respected business leaders.
Dr Marc Besen and Chancellor Alan Finkel have each donated $1 million to the groundbreaking project through their respective foundations. With an additional commitment of $1 million from Monash University, the philanthropic donations will cover critical development costs. The support keeps MVG on track through the next phase of the project, culminating in the first human trials next year.
Over 50,000 people in Australia are considered clinically blind and the number exceeds 160 million globally. The bionic eye offers hope of restored vision to humankind and has the potential to change tens of thousands of lives.