UK med-tech revolution as NHS turns 70
We celebrate the NHS’s 70th birthday by highlighting five ground-breaking British med-tech companies backed by Coutts clients.
2 min read
Improved cancer treatment, greater chance of pregnancy and faster heart scans are just three benefits brought to healthcare by UK companies attracting investment from Coutts clients.
One business we support claims its technology could potentially save the NHS £200 million a year.
Our clients have invested in med-tech businesses through the Coutts Investment Club, which introduces financially sophisticated, high net worth clients looking for opportunities to invest in exciting new private companies.
To celebrate the 70th anniversary of one of healthcare’s greatest innovations – the National Health Service – here are five companies following in that institution’s footsteps, into which our clients have invested millions since 2015.
1) Creavo Medical Technologies
Creavo has developed a heart scanner that could save the NHS £200 million a year, according to the York Health Economic Consortium.
The portable scanner is designed to relieve the pressure on A&E departments by establishing if someone has a serious heart problem soon after admission. It helps doctors rule out a life-threatening condition early – without the need for invasive, time-consuming and costly monitoring.
2) Lightpoint Medical
This medical device company has created ground-breaking imaging technology to help cancer surgeons visibly identify and remove all cancerous tissue during an operation, while sparing nearby healthy tissue. This can reduce the need for additional surgery.
DNA tests in 20 minutes – that’s the benefit this Newcastle-based business brings to healthcare. The company has developed a handheld, low-cost and easy to use device called Q-POC. This powerful tool can be used for diagnosing, managing and monitoring emerging infections and drug resistance.
Become A Client
When you become a client of Coutts, you will be part of an exclusive network.
About Coutts Investments
With unstinting focus on client objectives and capital preservation, Coutts Investments provide high-touch investment expertise that centres on diversified solutions and a service-led approach to portfolio management. Our investment process is as disciplined as it is creative – ensuring tailored solutions with robust results.Discover More About Coutts Investments