Dr. Michelle Tierney

speaker

46 appearances 1 recordings 1 series first heard Dec 2025 last heard 23 Dec

Dr. Michelle Tierney’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Dec 2025 with 1.

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Breakfast Business with Joe Lynam · Medtech firm secures funding to support its push for US regulatory clearance · 23 Dec 2025 podcast

And so, as you mentioned earlier, we've secured, lucky enough to secure some US grant funding that's going to help our commercialization over there from 2020, late 2026 and 2027.

And throughout our years, we've got grant funding from EI, EIT Health,

and a few others that we've had to rely on to bridge that gap.

So it's been a tricky one, but lucky enough because there have been those grant supports.

But it just kind of means that the funding journey now for those earlier stage companies is a lot more fragmented.

It can be harder to plan longer term because you're getting smaller pots of funding as opposed to, you know, one...

clean, large round that you can plan and build your milestones around.

Yeah, so we're doing that in multiple ways.

We will have hopefully existing investors coming in in that round.

We're also looking, you know, as difficult as I've said it is, we are still engaging with VCs and there is interest there and we will continue down that path.

But as part of that round over the next six months, we also have a direct investment opportunity for individual investors there.

And this is something we feel might be of particular interest to those who are resident in Ireland, as they can avail of up to 35% tax relief through the EIIS scheme that is there here in Ireland.

So that's basically open to anyone with a minimum investment amount of 10k.

And I guess at this stage where we're at in the year, it will be looking at 2026.

So anything they invest in 2026, they will get that back as part of their tax relief.

So actually they would put in the 100, Susan, and then as part of their tax back at the end of the year, they will get back, for instance, the 350 euro.

So it's costing them, I guess, net 650 euro, but they do have to outlay that.

Sorry, I was working off a thousand euro there, but they do have to have the initial outlay and they get it back then at the end of the year.

Absolutely.

The patients, and I suppose another thing to mention here is

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