Business
A new health and wellbeing business support programme, created to accelerate new product and service development across West Yorkshire, has officially launched. Designed to kickstart new and emerging enterprises in health and wellbeing, the Huddersfield Health Innovation Incubator (HHII) is being delivered as a strategic partnership between Kirklees Council, the University of Huddersfield and the [...]
Health Tech World explores the latest business developments in the world of health technology. Philips and Masimo to advance access to patient monitoring measurement tech Royal Philips and Masimo have renewed their multi-year strategic collaboration. The collaboration will now be working to accelerate the development and delivery of next-generation patient monitoring solutions. The companies state [...]
The Association of British HealthTech Industries (ABHI) will once again lead one of the largest national pavilions at WHX Dubai 2026, taking place from 9–12 February 2026 at the Dubai Exhibition Centre. Formerly known as Arab Health, WHX Dubai has evolved into a bolder, broader, and more internationally focused global health innovation summit – attracting [...]
Pharmaceutical companies have paused or cancelled nearly £2bn in planned UK investments this year, causing “suffering” to patients, as disputes over drug pricing escalate ahead of talks with Trump, The Guardian reports. The life sciences sector crisis deepened after US drugmaker MSD said last Wednesday it would abandon its £1bn London research centre. Two days [...]
US drugmaker Merck has scrapped its £1bn London research centre and will cut 125 scientific jobs in the capital this year. The planned UK Discovery Centre at Belgrove House, opposite St Pancras and King’s Cross stations, was already under construction and due to open in two years. It had been expected to employ about 800 [...]
Novo Nordisk, maker of Wegovy and Ozempic, will cut 11 per cent of staff after issuing a profit warning amid strong competition from US rival Eli Lilly. The Danish drugmaker’s decision affects 9,000 of its 78,400 employees, with 5,000 cuts in Denmark, as sales of Wegovy have slowed and cheaper generic versions have entered the [...]
Eight entrepreneurs have been chosen to develop health innovation ventures in Liverpool through Citizen First LCR, a new scheme supporting so-called hidden entrepreneurs. Projects include hospital robots, AI-guided sleep support and a mobile hair salon. The programme is the first time Public Life’s Citizen Incubator model has been brought to Liverpool, as part of the [...]
AI transformation partner Reveal HealthTech has raised US$7.2m in Series A funding to expand its healthcare and life sciences technology. The funding will support product expansion, sales growth and work with more healthcare and life sciences organisations. Founded in 2023 and incubated by W Health Ventures and 2070 Health, the company develops artificial intelligence systems [...]
OrganOx, a company that makes devices to keep organs alive outside the human body, has been bought by Japan’s Terumo Corporation in a “landmark” US$1.5bn (£1.1bn) deal. The Oxford University spin-out’s technology has preserved organs for transplantation and, according to its creators, has already saved 6,000 lives. The machines maintain organs by recreating body-like conditions [...]
International law firm McDermott Will & Schulte advised Five Arrows Manager SAS (as sponsor) and Axis Arbor (as debt advisor) in connection with a financing made available by Morgan Stanley and McQuarie Group for the Sponsor's acquisition of Hublo. Hublo is a company focused on transforming healthcare by improving how human resources are managed within [...]
