News

30th March 2020

UK Pledges £544 Million to Find Coronavirus Vaccine

The UK government has pledged an additional £210 million of support to accelerate work to find a coronavirus vaccine, in an announcement following a virtual summit of G20 leaders. The UK has now pledged £544 million in total which makes it the biggest contributor to Coalition for Epidemic Preparedness Innovations (CEPI) – the international coalition…

30th March 2020

Urgent Call for People to Support the NHS, Retailers and Manufacturers

The coronavirus outbreak has sparked an urgent call for people to help essential services like the NHS and food retailers meet the intense demands upon them. Recruitment agencies have answered the call by working round the clock to find workers who can fill the gaps. Health boards across the Cardiff Capital Region are in urgent…

27th March 2020

COVID-19: Call for Rapid Sanitising Technology for Ambulances

Do you have an innovative or novel approach to get ambulances cleaner quicker to help combat Coronavirus? The Defence and Security Accelerator (DASA) is looking for rapid sanitising technology to speed up the time it takes to clean ambulances to help in the national effort against Coronavirus and save lives. It can take up to…

25th March 2020

Covid-19 – Verde Corporate Finance: Understanding CBILS, the Coronavirus Business Interruption Loan Scheme

The below update is published by Craig Blackmore, Director of Verde Corporate Finance, part of the GS-Verde Group, to ensure business are aware of the latest measures being put in place by the Government to support small businesses.

25th March 2020

Covid-19 – Greenaway Scott: Furlough leave – the job retention scheme

Selena Baker, Associate Director of Greenaway Scott, summarises what we know and what we do not yet know about Furlough leave.
25th March 2020

£500,000 Fund for Firms who Come up with Digital Support Solutions

£500,000 of funding is available for technology companies who come up with digital support solutions for people who need to stay at home because of coronavirus. The funding will be available to innovators who can find digital ways to support people who need help during the coronavirus (COVID-19) outbreak. The ‘Techforce19’ challenge aims to support…

25th March 2020

Creo receives FDA clearance for new product

Creo Medical Group has received US Food & Drug Administration (FDA) clearance for a new endoscopy device. It is the first in a number of expected regulatory clearances for a suite of new devices from the Chepstow-headquartered company. “We are delighted to receive FDA clearance for our HS1 Haemostasis device, which is the first deployment…

20th March 2020

VR tech being developed for use in everyday medical treatment

Virtual reality could become part of patients’ everyday medical treatment plans, thanks to research and development from a UK tech company. Rescape Innovation is pioneering the use of virtual reality (VR) to support patient recovery and rehabilitation. The company’s technology is used to solve challenges found in healthcare including reducing pain and anxiety, managing stress…

20th March 2020

Why life sciences and medtech are still open for business

These are of course, unprecedented times. As concern of contracting COVID-19 remains high, many of us have been now been confined to remote working while daily updates increasingly highlight the critical position the economy is currently facing. While sections of the population continue to exhibit selfish shopping antics, and the older generations become concerned about…

20th March 2020

Life science businesses react to chancellor’s first Budget

Businesses and organisations in the life science sector have been reacting to the Budget from chancellor Rishi Sunak. Measures announced include a £5 billion emergency response fund following the Coronavirus outbreak as well as measures to support research and development. Karl Barnfather, chairman of European intellectual property firm, Withers & Rogers, said: “This Budget provided further fiscal encouragement…