Healthtech company receives six figure investment to help expansion

Health & Her has received a six figure follow on investment from the Development Bank of Wales WalesOnline reports the company says it will use the investment to revolutionise the way women manage the symptoms associated with menopause. Founded in 2017, Health & Her is the first holistic menopause hub offering products, specialist advice and … Continue reading Healthtech company receives six figure investment to help expansion

Cardiff Capital Region takes an equity stake in Pharmatelligence

The Cardiff Capital Region has made a £2m equity investment in Cardiff based healthcare data specialist Pharmatelligence. WalesOnline reports the investment gives the city region, made up of the ten local authorities of South East Wales, an undisclosed minority ownership stake in the company. The investment had been made from the region’s £1.2bn City Deal. … Continue reading Cardiff Capital Region takes an equity stake in Pharmatelligence

Brother Engineering gets the green light to supply the NHS in Wales

Swansea based Brother Engineering has become the first mask manufacturer in Wales to gain the regulatory approval needed to be able to supply the Welsh NHS. The engineering company has adapted its way of working in recent months to support the Welsh Government’s efforts to produce and supply vital PPE items. The move, which the … Continue reading Brother Engineering gets the green light to supply the NHS in Wales

IQ Endoscopes secures Development Bank of Wales and Creo Medical led £1.5m funding round

The Development Bank of Wales is co-investing with corporate investor Creo Medical Group plc alongside other funders as part of a £1.5m equity round into IQ Endoscopes Ltd. The investment will support the rapid product development of the IQ platform, a range of single use flexible endoscopes which provides images of the full length of … Continue reading IQ Endoscopes secures Development Bank of Wales and Creo Medical led £1.5m funding round

EKF introduces accurate quantitative Covid-19 antibody test kit

EKF Diagnostics, a global in vitro diagnostics company based in Penarth, has introduced one of the first tests to precisely measure levels of Covid-19 neutralising antibodies in individuals. Unlike other antibody tests, MediWales reports the Kantaro COVID-SeroKlir SARS-CoV-2 IgG antibody test kit determines both the presence and specific quantities of human IgG antibodies to the … Continue reading EKF introduces accurate quantitative Covid-19 antibody test kit

Bond Digital Health secures a £1.2m equity boost to support expansion plans

The investment for the Cardiff based company consists of £1m from Wealth Club, a high net worth investment service, and £200,000 from the Development Bank of Wales. WalesOnline reports the finance will fund further business growth, product development and expansion into new global markets. Earlier this year Bond received £700,000 in equity funding from the … Continue reading Bond Digital Health secures a £1.2m equity boost to support expansion plans

Study proves alternative blood alcohol test is more accurate

A new study by a Cardiff laboratory has proved that an alternative blood alcohol test is more accurate and sensitive than the test currently used by bodies including the DVLA and health providers. Business News Wales reports Cansford Laboratories has confirmed previous research that the newer PEth blood test is better at detecting regular alcohol … Continue reading Study proves alternative blood alcohol test is more accurate

EKF dividend to facilitate Trellus spin-out

Penarth based EKF Diagnostics is to update shareholders on a dividend in specie which will facilitate the spin-out of the company’s shareholding in Trellus Health. Trellus provides digital health services for people with complex chronic conditions. Insider Media reports EKF made a $5m investment in the business, which is headquartered in New York and has … Continue reading EKF dividend to facilitate Trellus spin-out

Solar refrigeration firm Dulas wins biggest ever order

Solar cold chain specialist Dulas has secured its biggest ever order with seven hundred and eighty vaccine refrigerators heading to Nigeria. Dulas, based in Machynlleth, has provided innovative solar powered solutions to remote and off grid locations for more than three decades. Its products help to support the delivery of essential medical aid in developing … Continue reading Solar refrigeration firm Dulas wins biggest ever order

Contractor to be sought for £199m life science and wellness village in Llanelli

Work to identify a main contractor for a new life science and wellness village in Carmarthenshire is expected to get underway in January. WalesOnline reports the rebranded project, called Pentre Awel, will feature a range of buildings and facilities at Delta Lakes, Llanelli. Clinical services will be delivered there, including physical rehabilitation, and space provided … Continue reading Contractor to be sought for £199m life science and wellness village in Llanelli

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