Grants to aid coronavirus test development

Bond Digital Health has received more than £200,000 in government grants to help the medical technology business develop its connectivity and data platform for a new Covid-19 test.

Insider Media reports the Cardiff based company was awarded two major grants for its Transform technology, including £177,979 from the Welsh Government and £49,796 from Innovate UK.

Bond is part of an international consortium that is producing a new diagnostic test for patients suspected of having Covid-19.

It applied for the grants to help support the ongoing development of Transform to meet the particular requirements of the new test. The Welsh Government provided funding through its COVID RD&I support scheme, while Innovate UK awarded funding through its Business-led Innovation in Response to Global Disruption competition.

Phil Groom, commercial director of Bond Digital Health, said “These two grants represent a huge vote of confidence in our business and our technology from both the Welsh and UK governments.

“We are proud to be part of an international consortium whose test will make such a difference in this pandemic and even more proud to be flying the flag for Welsh technology and talent on the global stage.”

Earlier this year Bond received equity funding totalling £700,000 from the Development Bank of Wales and Wealth Club, the high net worth investment service, to expand the technology team and to speed up development.

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