Scitech Engineering, an engineering and construction consultancy that specialises in the life sciences sector has moved into Cardiff as part of an expansion programme following a package of Welsh Government support. Scitech provides design, engineering, construction and validation services for the pharmaceutical and biotechnology industries. It was established in 2002 and now boasts a turnover … Continue reading Scitech chooses Cardiff as its new site

Global in vitro diagnostics company EKF Diagnostics has announced the successful evaluation of its Quo-Lab point of care HbA1c analyser by the European Reference Laboratory for Glycohemoglobin. In a recently published paper, the reference laboratory’s evaluation study assessed HbA1c (glycated haemoglobin) point of care (POC) devices using international quality targets, posing the question “Are they … Continue reading Successful evaluation of EKF haemoglobin analyser

Medical device manufacturer Creo Medical has raised £48.5m through a share placing in a move to accelerate the commercialisation of its products. Insider Media reports the company, which is headquartered in Chepstow, is aiming to produce specialist tools for the emerging field of surgical endoscopy. The net proceeds of the placing are expected to be … Continue reading Creo Medical raises £48.5m in commercialisation drive

Cell-based therapeutics developer ReNeuron Group has signed an exclusivity agreement with a US pharmaceutical company for the potential out-licensing of its retinal stem cell technology. As part of the agreement, MediWales reports Bridgend-based ReNeuron will receive a non-refundable $2.5m (£1.9m) cash payment. A further $2.5m is payable subject to the completion of certain due diligence … Continue reading ReNeuron strikes US exclusivity deal

Economy Secretary Ken Skates has been in Crumlin to open the new £14m global headquarters of life sciences company, BBI Group. Following a £1.8m package of Welsh Government support, the company has chosen the Caerphilly town as the location for its new global headquarters. It has also centralised its manufacturing and development activities from sites … Continue reading Ken Skates opens new BBI Group headquarters in Crumlin

Penarth-based EKF Diagnostics is exploring funding options for its newly formed UK business entity Renalytix AI. Insider Media reports the listed point of care business has confirmed its intention to undertake a market sounding with selected institutional investors in connection with the prospective spin-out and initial public offering (IPO) of Renalytix AI. It is expected … Continue reading EKF Diagnostics exploring funding for new UK business

Hundreds of extra jobs and tens of millions of pounds of growth would benefit Wales if increases in life science research and development rise in line with government targets, according to research conducted by the Association of the British Pharmaceutical Industry (ABPI). Business News Wales reports four hundred and fifteen extra well paid skilled jobs … Continue reading Wales to benefit from new jobs and growth in life sciences

A recent clinical study has found that adding HeartWorks TEE (transesophagael echocardiography) simulators to training can improve novices’ ability to perform focused critical care TEE. MedaPhor make the HeartWorks TEE simulator. They report the study, conducted by the University of Bern, took forty four intensive care unit trainees and randomly split them into two groups. … Continue reading HeartWorks can improve novice critical care performance

MedaPhor have announced their BodyWorks Eve point of care ultrasound (PoCUS) simulator has been installed at NYU School of Medicine, in the simulation laboratory of the affiliated Veterans Affairs New York Harbor Healthcare System NY Campus. BodyWorks Eve is an ultra-realistic female manikin-based simulator designed specifically for doctors looking to train in point of care … Continue reading First BodyWorks Eve installed at NYU School of Medicine

A test that predicts the aggressiveness of common types of cancer and identifies responses to treatment has won an award for innovation. Working in partnership with Cardiff and Vale University Health Board, TeloNostiX, a spin out from Cardiff University, has developed a prognostic tool that helps clinicians and patients understand the likely need for treatment … Continue reading Innovation award for diagnostic cancer technology