Health tech deals
The £40m hub building that will house The Rosalind Franklin Institute on Oxford's Harwell Science and Innovation campus has reached practical completion. With the construction company handing legal ownership to UK Research and Innovation (UKRI), the Franklin will now commence specialist scientific fit-out. The Franklin, funded through UKRI’s Engineering and Physical Sciences Research Council (EPSRC), [...]
The UK Government has announced a £7.5m funding package to support digital shift scheduling across 38 NHS trusts. The investment is part of a £26m national fund to have all NHS doctors, nurses and other clinical staff on e-rostering systems by 2021. E-rostering allows clinicians to select shifts digitally, designed to provide them with more flexibility [...]
Belgium-based Endo Tools Therapeutics (ETT), a developer of advanced endoscopic medical devices for use by gastroenterologists, has secured €8m through a series D funding round. The transaction, led by White Fund, is supported by new private investors, as well as the existing investors FPIM-SFPI, Epimède and Chagral Invest. ETT has developed a triangulation platform, Endomina, [...]
Opterion Health, a preclinical Swiss life science company, has secured €8.4m through a bridge financing round. Opterion was founded in 2012 by scientist Guido Grentzmann. The company is developing a novel peritoneal dialysis (PD) solution, aiming to revolutionise the dialysis market. Peritoneal dialysis (PD) uses the body’s own peritoneal membrane within the abdomen as the filter [...]
Glasgow-based BioAscent has reported significant growth in its drug discovery business which saw revenues rise by 60% this year. The company has experienced an increase in its venture-backed biotech client base and has been winning an increasing number of US customers. To support and expand US growth, Dr Nick Moore was appointed as head of [...]
The developer of a diabetes care platform is eyeing a £125,000 crowdfunding target with the aim of supporting the firm’s expansion. Spotlight Consultations’ evidence-based Spotlight-AQ aims to be a simple, three-to-five-minute questionnaire, dynamically responsive with each question linked to an actionable care pathway. Visual graphics show results and therapy options that are shared with healthcare professionals, facilitating shared decision-making [...]
Digital healthcare provider Zava is continuing its growth in the UK and Europe through the acquisition of a Berlin-headquartered start-up. Medlanes, which has a network of more than 200 local GPs and specialists across Germany, was founded in 2014 by Erik Stoffregen and Dr Emil Kendziorra and has since developed into a German market leader [...]
Quantum Design UK and Ireland (QDUKI) has entered into a partnership agreement with the Medical Technologies Innovation Facility (MTIF) to give customers the ability to view and utilise the JA Woollam IR VASE II Spectroscopic Ellipsometer. The nature of Ellipsometry makes it ideal for diagnostics in several sectors such as semiconductor devices, photovoltaics, nano-photonics, flat [...]
An online platform designed to support its user’s mental health is eyeing a £100,000 crowdfunding target. Healingclouds connects clients with more than 150 certified and accredited therapists globally. The platform offers one on one therapy sessions and a library of therapist-led courses, operating a monthly subscription model. At the time of writing, the company has currently raised [...]
Digital healthcare platform Trustedoctor has merged with an insurance firm with the aim of providing a new healthcare solution provider. Further specialises in the design and development of cross-border insurance services for serious illnesses, while Trustedoctor focuses on giving users access to world-leading international medical expertise. The merged companies will provide a new holistic healthcare insurance [...]
