News > Financial

15th April 2019

Cryogenics specialist brings Angel Investor on board

A Cardiff-based cryogenic storage business has secured fresh investment which will help it meet increasing demand from hospitals, medical research organisations and others. The final tranche of a £150,000 funding round will be used by Cryo Storage Solutions to complete development of a new cryogenic, low temperature sample storage facility. The £87,000 equity investment will…

28th March 2019

£12m programme to transform delivery of health, care and support in West Wales

Health Secretary, Vaughan Gething has announced £12m for an ambitious programme to modernise and improve health and social care in West Wales. The money will support a range of initiatives that shift services from hospital to people’s homes and communities making it easier for people to access the care they need, stay well and keep…

28th March 2019

£10m Welsh Government funding to improve health outcomes

The main focus is to improve the quality of care, to reduce variation and to improve patient outcomes. Investment will be directed towards services which will bring the most wide-ranging benefits to the most people. As previously announced last year, £3 million will be invested to deliver the single cancer pathway. Wales is the first…

07th March 2019

Wales’ Pharmaceuticals Stars Named in High-Growth Ranking

A trio of Wales’s most innovative and dynamic businesses have been named in a new ranking of the UK’s fastest-growing privately-owned pharmaceuticals companies. The Alantra Pharma Fast 50 Index, an annual ranking of non-listed companies in the sector, includes three fast-growing businesses based in the region. The ranking, compiled by Alantra, the global investment banking…

27th February 2019

CBPE Capital acquires majority stake at Simbec-Orion to drive growth

Support will provide funding for investment and expansion Monday February 4, 2019: Simbec-Orion Group Limited (“Simbec-Orion”), a leading European full-service boutique clinical research organisation announced today that CBPE Capital LLP (“CBPE”) has acquired a majority stake in the company. The investment, made through a management buy-out, will provide funding for further international growth and expansion…

26th February 2019

Welsh Virtual Reality Healthcare Start-up Secures £480k Investment

A Welsh start-up that develops virtual reality technology for healthcare has secured a major investment. A group of Wales-based angel investors and the Development Bank for Wales has closed an equity deal with Rescape Innovation worth £480,000 which will help the company invest in new technology, export and develop new products to support patient recovery…

05th February 2019

Future funding of social care a priority for government – Vaughan Gething

Health and Social Services Minister Vaughan Gething will today outline the ambitious programme of work to explore a social care levy for Wales. He will take over the work of chairing the inter-Ministerial group on paying for social care, which was set up last year to investigate the future funding options and social care models…

05th February 2019

£7m to improve the mental health of children and young people in Wales

An additional £7.1m will help to protect, improve and support the mental health of children and young people in Wales, Health Minister Vaughan Gething will announce today. The new investment will support the implementation of the Welsh Government’s response to the recommendations made by the National Assembly’s Children, Young People and Education Committee in its…

28th January 2019

CADR instrumental in securing £4.5m of UK funding for Bangor University to carry out new dementia research

Innovative ageing and dementia research at Bangor University will soon be underway, with a team from the Bangor Institute of Health and Medical Research in the School of Health Sciences being the only university in Wales to be awarded funding as part of the ESRC-NIHR Dementia Research Initiative 2018. Support from Health and Care Research Wales’ funded Centre for Aging…

23rd January 2019

£765,000 Grant for Swansea University-based Biotech Firm

Bionema Ltd, a leading biotech Swansea University-based company, has received a grant award from Innovate UK to further develop technology that could help combat pests which cost the worldwide economy billions every year. The £765,000 grant was awarded under Innovate UK’s Open Competition and will fund part of a collaborative project with the University of…