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Healthcare tech innovators to get £17m windfall

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Technologies and innovations like care equipment tracking designed to improve the UK healthcare sector are to be given a boost by a government competition.

Various projects based throughout the UK are collectively to receive over £17m funding to develop their innovations.

The funding comes from the Industrial Strategy Challenge Fund and is managed by UK Research and Innovation.

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Business Secretary, Greg Clark, said: “Technology is revolutionising industries across our economy, and new innovations play a key role in advancing our healthcare sector to make sure people are living longer, healthier and happier lives.

“By pooling the expertise of the public and private sectors, as highlighted through the Life Sciences Sector Deal and the modern Industrial Strategy, we are making every opportunity to reach our full potential in finding new discoveries and technologies to diagnose illnesses earlier that could lead to more lives being saved.”

Ian Campbell, executive chair of Innovate UK, for UK Research and Innovation, said: “The projects we have funded today aim to make a real difference for patients and clinicians. They represent the very best of British innovation, focussing on improved patient outcomes and driving efficiency.

“The UK health sector is thriving, with SMEs playing a crucial role. By supporting this sector, as part of the government’s modern industrial strategy, we can ensure we remain global leaders in health innovation and create the jobs of tomorrow.”

The development of new and innovative technologies is changing the economy. Through the modern Industrial Strategy the government aims to embrace emerging technology to transform industries and increase productivity, create new highly skilled jobs and improve living standards.

Matt Hancock, the Secretary of State of Health and Social Care, said: “Innovative technology has the potential to truly transform healthcare for patients and staff. From artificial intelligence to VR to live tracking of hospital beds and equipment, there are so many ways in which the NHS is embracing tech.

“We are determined to make the NHS the most technologically advanced healthcare system in the world and today’s prizes will help progress towards that goal.”

Tags : Industrial Strategy Challenge FundInnovationtechnology
Joe Peskett

The author Joe Peskett

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