Creo Medical floats on AIM
Creo Medical has been floated on the Alternative Investment Market, raising £20m (Insider Media, 2016). The company, which is based in Chepstow, is developing a range of surgical devices that can dissect tissue while using special microwaves to staunch the blood flow. These are designed to be used with an endoscope to reduce the need … Continue reading Creo Medical floats on AIM
BBI Solutions launches its first urinalysis enzyme
Cardiff-based BBI Solutions, a leading developer and manufacturer of raw materials and finished test platforms for the in-vitro diagnostics market, has announced the launch of Porcine Liver Esterase (PLE), a new enzyme for urinalysis (BBI Solutions, 2016). PLE is used in urinalysis controls as a partial substitute and potentially cost effective alternative for human leukocyte … Continue reading BBI Solutions launches its first urinalysis enzyme
Bonus Biogroup’s lab-grown bones are successfully transplanted
Israeli biotech company Bonus Biogroup has announced that their lab-grown, semi-liquid bone graft has been successfully injected into the jaws of eleven people to repair bone loss in an early stage clinical trial (Reuters, 2016). The company’s Chief Executive Shai Meretzki said “For the first time worldwide, reconstruction of deficient or damaged bone tissue is … Continue reading Bonus Biogroup’s lab-grown bones are successfully transplanted
ReNeuron upbeat on trial results of stroke victims treated with stem cell therapy
ReNeuron has reported “highly encouraging” latest stage clinical trial results in regained limb movements in stroke sufferers treated with its pioneering stem cell based therapy (WalesOnline, 2016). RenNeuron relocated to Pencoed from Surrey following a £25m equity investment from institutional investors, led by the Welsh Government’s Wales Life Sciences Investment Fund managed by Arthurian Life … Continue reading ReNeuron upbeat on trial results of stroke victims treated with stem cell therapy
Drug that stops brain plaques may show if they cause Alzheimer’s
It’s more than a century since Alois Alzheimer first noticed and reported sticky plaques in the post-mortem brain of a patient with what is now known to have been Alzheimer’s disease, yet there is still disagreement on whether the plaques actually cause the disease (New Scientist, 2016). The role of plaque in the disease has … Continue reading Drug that stops brain plaques may show if they cause Alzheimer’s
MedaPhor acquires Inventive Medical, as it announces sales growth
MedaPhor have announced the acquisition of Inventive Medical Limited (IML), a UK company which is the global supplier of cardio ultrasound simulation products under the HeartWorks brand, for a total consideration of £3m payable in shares (MedaPhor, 2016). IML’s HeartWorks simulators and online training materials have been developed by leading cardiac anaesthesiologists at University College … Continue reading MedaPhor acquires Inventive Medical, as it announces sales growth
Great Bear Healthcare launches new product for removing medical adhesives
Cardiff-based urology product manufacturer Great Bear Healthcare has launched a new product, GB Soft Skin, for removing medical adhesives (Great Bear Healthcare, 2016). The GB Soft Skin Medical Adhesive Remover Spray is a non-sting medical adhesive remover spray for quick and painless removal of medical adhesives, which are used to help attach medical devices such … Continue reading Great Bear Healthcare launches new product for removing medical adhesives