Bond Digital Health joins the fight to control coronavirus
Digital technology developed in Wales could play a leading part in helping doctors stem the spread of the coronavirus pandemic. For accurate and up to date information on coronavirus please go to gov.uk/coronavirus. If you’re outside the UK please see the information on coronavirus from your national and local authorities. MediWales reports Cardiff based medical … Continue reading Bond Digital Health joins the fight to control coronavirus
Bond Digital Health doubles its predicted revenue in 2020 to £3m
Cardiff based Bond Digital Health is predicting significant growth in 2020 on the back of inroads made into the global diagnostics market. WalesOnline reports the digital health company, based at Life Sciences Hub Wales, has doubled its 2020 revenue predictions from £1.5m to more than £3m as a result of recent trips to California in … Continue reading Bond Digital Health doubles its predicted revenue in 2020 to £3m
Intelligent Ultrasound raises more than £6m to fuel further expansion
Cardiff based Intelligent Ultrasound Group has raised £6.25m in a share placing. WalesOnline reports the company, previously called Medaphor, raised the money through the conditional issue of 62.5m shares. Intelligent Ultrasound is also proposing to raise a further £250,000 through the issue of 2.5m shares. Stuart Gall, chief executive of Intelligent Ultrasound, said “This is … Continue reading Intelligent Ultrasound raises more than £6m to fuel further expansion
TrakCel continues to expand workforce
Cardiff medical software company TrakCel will be increasing their number of staff beyond a hundred as they expand their workforce to meet global demand for their product. Having more than doubled their employee numbers during the financial year, Business News Wales reports TrakCel is set to recruit over forty people in 2019. The company’s recruitment … Continue reading TrakCel continues to expand workforce
Diurnal proposes £1m share placing
Speciality pharmaceutical company Diurnal, which is headquartered in Cardiff, has revealed plans to raise £1m to aid the commercialisation of products. Insider Media reports this follows a conditional placing which raised £5.35m before expenses. Martin Whitaker, chief executive of Diurnal, said “Diurnal has continued to make strong progress across its business, including the successful launch … Continue reading Diurnal proposes £1m share placing
Bionema raises £180,000 for ongoing biopesticides development
Bionema Ltd has announced the completion of a £180,000 equity investment, led by private investors with co-investment from the Development Bank of Wales. Bionema specialises in the development and sales of biopesticides in the agri-food sector. It is based at Swansea University, who report the investment will be used to develop innovative biopesticides that will … Continue reading Bionema raises £180,000 for ongoing biopesticides development
Trecento Diagnostics seeks funding for dog DNA testing
Trecento Diagnostics is looking to raise funds to bring its DNA testing product, designed for use by vets, to market. Insider Media reports the Cardiff headquartered company is hoping to raise £250,000 on crowdfunding platform Crowdcube for a 5% stake in order to commercialise its technology, which includes a hygienic dog urine collector, a molecular … Continue reading Trecento Diagnostics seeks funding for dog DNA testing
Thermal Compaction Group secures £426k in funding
Thermal Compaction Group (TCG) has been awarded £426,000 by Innovate UK to develop its pioneering work in the recycling of medical waste material, which can generate income for the NHS. The award was made through Innovate UK Open Call competition and the £426,000 is 70% funded by Innovate UK, with 30% invested by TCG. Cardiff … Continue reading Thermal Compaction Group secures £426k in funding
CatSci expanding after Welsh Government support
CatSci Ltd is set to create sixteen new highly skilled jobs thanks to Welsh Government support. CatSci, based at Capital Business Park in Wentloog, currently employs thirty one people and will create the new roles as part of an ambitious three year expansion plan. The company specialises in helping pharmaceutical companies bring new therapeutics to … Continue reading CatSci expanding after Welsh Government support
Rescue deal saves jobs at Orsus Medical
A diabetes technology company has been bought out of administration, saving a number of jobs. Insider Media reports Orsus Medical Ltd, which suffered financial difficulties after being unable to raise further investment due to commercial and contractual restrictions, has been bought by Afon Technology Ltd. Chepstow based Orsus Medical had performed multi-million pound research to … Continue reading Rescue deal saves jobs at Orsus Medical
