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Health Hack event turns NHS challenges into technology ventures

2019 Winners Announced: Medilink UK Healthcare Business Awards in Association with Med-Tech Innovation

Last night the 2019 Medilink UK Healthcare Business Awards took place. The sell-out gala dinner was the best yet, with 250 professionals from across the industry coming to celebrate with the winners, network with peers and share their pride in the industry. This year’s awards recognised a multitude of achievements and outstanding contributions to life…

Huntleigh Healthcare awarded Queen’s Award for Innovation

Minister sets out vision for cutting edge technology in NHS Wales

Health Minister Vaughan Gething, has set out his vision for cutting edge precision medicine to improve health and deliver a sustainable future for NHS Wales. During, a visit to the Rutherford Cancer Centre in Newport, Mr Gething announced new strategies to transform pathology and precision therapeutics in Wales. He said: To address future challenges from…

Welsh Health Sector Recycling Specialist Secures £400k Innovate UK Grant

The Cardiff-based Thermal Compaction Group (TCG) has been awarded £426k by Innovate UK to develop its pioneering work in the recycling of medical waste material which can generate income for the NHS. The award was made through Innovate UK Open Call competition and the £426k is 70% funded by Innovate UK, with 30% invested by TCG….

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…

Medical equipment first establishes ‘solid platform’ for growth

A Welsh medical equipment manufacturer believes it has established a solid platform for growth after increasing its framework distribution agreements. In the 18 months to 31 December 2018, Chepstow-based Creo Medical recorded an underlying operating loss of £12.6m, compared with a loss of £5.6m for the 12 months to 30 June 2017, in line with…

Scientists take another step forward in tackling lung disease

A Swansea-based start-up has developed a first generation of products that will predict whether a person has or is likely to develop a serious lung condition. PulmonIR Ltd, the company behind the technology, is the first in the world to have developed a commercial instrument of this type specifically designed for respiratory applications.  Its founders…

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…

Companies from across Wales to benefit from cutting edge technologies thanks to EU funding

Project which has seen the development of iPad software to detect sight problems in young children to be expanded. An EU-backed project which has helped businesses in parts of Wales develop cutting-edge technologies and boost productivity is expanding to cover the whole of the country. The Centre of Excellence in Mobile and Emerging Technologies (CEMET)…