Finance and Investment News
Creating the optimum investment ecosystem for rapid increase in healthcare innovations
Graham Watson, executive chair of Scottish Health Innovations, considers fresh opportunities around heightened innovation which the pandemic has catalysed. Read more
3 Mar 2021
The MedTalk Podcast - On report!
Recorded before they got a chance to thank Matt Hancock, Ian and Reece are back to discuss more news related to the pandemic, as well as another potential re-organisation in the NHS, and investment in UK life sciences. Read more
1 Mar 2021
Birmingham diagnostics company secures £800k from MEIF
Birmingham-based Linear Diagnostics has secured £800,000 from the Midlands Engine Investment Fund (MEIF) and other investors in the company’s second round of funding. Read more
25 Feb 2021
Spinal implants firm raises £2.2m in funding round
Axis Spine Technologies has raised £2.2 million in a funding round led by ACF Investors, with follow-on investment from Mercia’s EIS funds. Mercia was the first investor when Axis was founded by Jon Acros in 2017. Read more
25 Feb 2021
Digital ADHD program raises $680k in pre-seed funding
Inflow, a science-based digital program for people with ADHD, is delighted to announce it has raised $680,000 in pre-seed funding. Read more
18 Feb 2021
Ablation catheter system developer closes €18m funding round
MedLumics, a medical device company developing AblaView, an optically-guided real-time ablation catheter system for the treatment of Atrial Fibrillation (AF), has closed an €18 million financing round. Read more
12 Feb 2021
Signal processing firm awarded patent for neurostimulation therapies
BioSig Technologies, a medtech company commercialising a signal processing platform designed to improve signal fidelity and uncover ECG and intra-cardiac signals, has been allowed a utility patent from the U.S. Patent Office. Read more
5 Mar 2021
Diaphragm pump manufacturer adds to smooth flow liquid range
Diaphragm pump manufacturer KNF has added the FP 70 to its smooth flow liquid pump range, aiming to address a need for pumps with lower pulsation. Read more
5 Mar 2021
Future Health announces rebrand and virtual conference series
Future Health has completely rebranded during lockdown, and its flagship face-to-face event Future Health Innovations at ExCeL is now complemented by a global virtual conference series, under the brand UK Health Week. Read more
5 Mar 2021
Manufacturers told to unlock supply chain visibility post-COVID
Manufacturers must unlock supply chain visibility to rebuild after the COVID-19 pandemic, WMG Warwick and Blue Yonder are warning. Read more
4 Mar 2021
Medtech and digital health firms launch patient monitoring app for orthopaedic surgery
Medtech firm Smith+Nephew and digital health company Huma, have launched their remote patient monitoring app for orthopaedic surgery. Read more
4 Mar 2021
Testing labs can skip RNA extraction with new workflow
Promega Corporation has released XpressAmp Direct Amplification Reagents that facilitate RNA extraction-free sample preparation that is automation-friendly. Read more
5 Mar 2021
Roche launches new rapid COVID-19 antigen nasal test in UK
Roche Diagnostics has launched a rapid antigen nasal test in the UK, with millions of kits available immediately to help organisations looking to reopen as lockdown restrictions are lifted. Read more
1 Mar 2021
Sensyne Health receives UK approval for COVID-19 risk prediction tool
Clinical AI company Sensyne Health has received regulatory approval in the UK for its SYNE-COV machine learning algorithm for COVID-19 risk prediction. Read more
1 Mar 2021
Edinburgh Airport rapid COVID-19 testing trial to determine those fit to fly
Pre-departure rapid testing to tell people if they have a current COVID-19 infection with results in 15 minutes, will be trialled at Edinburgh Airport as part of recovery planning for aviation. Read more
1 Mar 2021
Medtech and digital health firms launch patient monitoring app for orthopaedic surgery
Medtech firm Smith+Nephew and digital health company Huma, have launched their remote patient monitoring app for orthopaedic surgery. Read more
4 Mar 2021
ORCHA publishes report highlighting 10 apps to help manage Long COVID
Long COVID symptoms can be debilitating and NICE (the National Institute for Health and Care Excellence) has recommended the use of health apps as a source of advice on self-management. Read more
3 Mar 2021
Digital triage firm receives share of £1.13m SBRI Healthcare grant
Digital triage company eConsult, has been announced as one of the twelve medtech companies awarded a share of £1.13 million grant by SBRI Healthcare, a body that works with businesses to identify and create health technology solutions for the NHS. Read more
1 Mar 2021
Withings unveils B2B range of cellular-connected devices
Connnected health player Withings has unveiled a new business-to-business range of cellular-connected devices designed to eliminate significant pain points of remote patient monitoring. Read more
25 Feb 2021
Medtech Regulatory Special Interest Group to discuss UKCA marking in webinar
Medilink Midlands will be hosting the next Medtech Regulatory Special Interest Group (SIG) online on 17th March. Read more
4 Mar 2021
Drug-eluting balloon company receives fourth FDA Breakthrough Device Designation
MedAlliance, a drug-eluting balloon (DEB) company which received US Food and Drug Administration (FDA) Breakthrough Device Designation Status for a sirolimus DEB, has now been awarded breakthrough status for Selution SLR. Read more
3 Mar 2021
Biomimetic graft for osteochondral lesions designed FDA Breakthrough Device
Locate Bio, an orthobiologics focussed regenerative medicine company, has received Breakthrough Device Designation from the US Food and Drug Administration (FDA) for Chondro3, currently in development as a biomimetic graft for osteochondral lesions. Read more
24 Feb 2021
Horiba obtains CE mark for new haematology analyser
Horiba Medical, specialists in automated in vitro diagnostic systems for haematology, haemostasis and clinical chemistry analysis, has obtained the CE mark certification for its new generation of the Microsemi CRP haematology analyser. Read more
18 Feb 2021
Clinical diagnostics benefits from COVID bounce - recruiter says
Clinical diagnostic technology in the UK has experienced a substantial ‘COVID bounce’, according to the head a leading recruitment company focussed primarily on servicing the sector. Read more
15 Feb 2021
Researchers develop brain blood vessel pathology diagnostic
Researchers at Ben-Gurion University of the Negev (BGU) have developed a new method for rapidly diagnosing brain blood vessel pathology that may lead to neurodegenerative diseases. Read more
11 Feb 2021
Sensyne and Excalibur sign lateral flow diagnostics deal
Clinical AI company Sensyne Health has signed an exclusive licence and development agreement with Excalibur Healthcare Services to apply Sensyne’s MagnifEye system for use with Excalibur’s lateral flow rapid diagnostic tests. Read more
11 Feb 2021
Partnership formed to aid rapid diagnosis of rare diseases
Ipsen Pharmaceuticals and rare disease digital health specialists, Mendelian, has launched a new partnership to utilise Mendelian’s MendelScan software, a Class 1 Medical Device capable of aiding the rapid identification of people with rare diseases. Read more
10 Feb 2021
LATEST AI & VR IN HEALTHCARE NEWS
Work begins on AI and robotics research facility in Edinburgh
Construction has started on a research facility for robotics and artificial intelligence, which will be the largest and most advanced of its type in the UK. Read more
4 Mar 2021
Philips and DiA Imaging Analysis announce ultrasound partnership
Philips and DiA Imaging Analysis, a provider of AI-powered applications for ultrasound, have announced a strategic partnership to deliver automated solutions to clinicians at the point-of-care. Read more
3 Mar 2021
BSMS awarded grant for surgical training with virtual reality
The anatomy team at Brighton and Sussex Medical School (BSMS) has been awarded a grant to create and deliver surgical training using a range of means, including live streaming, virtual reality and 360 cameras. Read more
1 Mar 2021
Materials specialist expands polymer site and relocates R&D
Ashland has completed the expansion of its Viatel bioresorbable polymer manufacturing site and has relocated research and development (R&D) from Dublin to the National Science Park, Mullingar, Ireland. Read more
4 Mar 2021
Advanced Materials Show launches Autumn USA expo
Following the success of The Advanced Materials Show, which first launched in the UK last year, the organiser of the expo has announced the launch of a dedicated show for advanced materials in the USA this autumn. Read more
3 Mar 2021
Spinal implants firm raises £2.2m in funding round
Axis Spine Technologies has raised £2.2 million in a funding round led by ACF Investors, with follow-on investment from Mercia’s EIS funds. Mercia was the first investor when Axis was founded by Jon Acros in 2017. Read more
25 Feb 2021
Materials specialist expands polymer site and relocates R&D
Ashland has completed the expansion of its Viatel bioresorbable polymer manufacturing site and has relocated research and development (R&D) from Dublin to the National Science Park, Mullingar, Ireland. Read more
4 Mar 2021
Ireland’s medtech success – there’s nothing lucky about it
John von Benecke, CEO of Locate Bio, analyses how the combination of R&D from the universities and tax grants along with other incentives for early stage companies allow companies to thrive in Ireland. Read more
1 Mar 2021
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White Papers
How to build a medtech cleanroom in just 4-6 weeks
The pandemic has led to medtech firms needing to rapidly upscale production environments for products experiencing a surge in demand and the R&D of new products. This whitepaper explains how med-tech firms can keep up with changing demands. Read more