News > June > 2020

26th June 2020

Record Year For Development Bank Of Wales

Development Bank of Wales chief executive Giles Thorley The Development Bank of Wales has reported a record number of investments in its latest financial year, totalling more than £100m and creating or safeguarding almost 4,000 jobs. In the year to 31 March 2020 the development bank made 457 investments worth a combined £103.3m. Overall investment…

26th June 2020

NHS staff tackling Covid-19 try out virtual reality to help reduce stress and anxiety

NHS staff tackling Covid-19 on the front line are, for the first time, using virtual reality to help support their mental health and wellbeing. Twenty-one staff working in intensive care units at the Royal Glamorgan and Prince Charles hospitals had access to a single-use VR headset for two weeks to evaluate if it was a…

26th June 2020

Expansion Lines Up By Cancer Treatment Centre Firm

Cancer treatment specialist Rutherford Health has entered into a £55m development framework agreement under which it will establish up to five new facilities in the UK to provide diagnostic services to the NHS and to private patients. The agreement is with Equitix, an investor, developer and long-term fund manager of core infrastructure assets in the UK…

26th June 2020

Medtech after COVID-19: The digital and AI space

There is much talk of the new normal, about how the world will adapt with regards to controlling the spread of COVID-19 until a vaccine or adequate therapies are found before we return to something like the pre-lockdown life. But in some cases, these changes could be long lasting. With so much technological innovation in…

26th June 2020

Innovative Blood Oxygen Monitors Developed for Covid-19 Patients

Researchers at the University of South Wales (USW) have developed an innovative blood oxygen monitor after supplies of this key device became limited as a result of the Covid-19 pandemic. The team of researchers have worked under the instruction of the Welsh Government’s Critical Equipment Requirements Engineering Team (CERET) led by Industry Wales, who were…

26th June 2020

Sony UK Technology Centre ‘Proud’ to Support Key Industries During Pandemic

Wales’s leading manufacturer Sony UK Technology Centre (UK TEC) is “proud” to have continued supporting key medical markets by operating at a reduced level through the coronavirus lockdown. The Pencoed-based facility, which produces high-specification broadcast and professional camera systems, scaled down its operation during the pandemic to ensure it could continue to supply technology linked…

25th June 2020

Jellagen announces £1.9m seed financing to develop products for therapeutic and medical device applications

Jellagen announces seed financing to develop advanced collagen products for therapeutic and medical device applications.
25th June 2020

Quay Pharma Knowledge Transfer Partnership (KTP) announcement

Quay Pharma (Deeside, UK) and Liverpool John Moores University (LJMU – Liverpool, UK) are delighted to announce that their Knowledge Transfer Partnership (KTP) funding application has been granted by Innovate UK and will be funded entirely by the Wel
23rd June 2020

Opportunity for UK medical devices and equipment manufacturers to register on the Covid-19 Africa Medical Supplies Platform

The African Union (AU) has recently launched the Africa Medical Supplies Platform, which enables AU Member States to purchase certified medical equipment such as diagnostic kits, PPE and clinical management devices.
16th June 2020

The Biomedical Catalyst and a decade of BIA campaigning

Today, Innovate UK’s CEO Ian Campbell announced that the Biomedical Catalyst (BMC) is being relaunched with £30m in the pot. The announcement, made on a BIA webinar, follows a consistent BIA campaign which has been running for a decade. The relaunch is great news for the UK’s innovative biotech SMEs and a great outcome for…