The new scheme will fund pioneering companies who can improve the future of healthcare.
The Digital Health Technology Catalyst has announced that innovate and pioneering digital health companies will receive a funding boost of £9 million to address some of the critical healthcare issues. The Catalyst comes from UK Research and Innovation under the Industrial Strategy Fund. The fund aims to keep the UK at the forefront of innovation.
The funding will be split between a range of recipients, all of which are applying new technologies in a bid to address some of the more challenging and pressing issues in healthcare.
Interim Executive Chair of Innovate UK, Ian Campbell said; “Supporting these innovations is a key element of the government’s Industrial Strategy and will create the industries and jobs of tomorrow.”
Science and Innovation Minister, Chris Skidmore, says of the scheme; “These advances in technology, across the UK, demonstrate our modern Industrial Strategy in action by harnessing the power of innovation to help meet the needs of an ageing society, and creating the high skilled jobs of the future.”
What schemes will receive funding?
Ufonia has received funding that uses AI voice technology to call patients. The AI system can assess their health status against critical criteria.
Mind over Matter MedTech is trialling low-cost brain imaging technology that can test an individual’s personal risk of developing dementia.
Red Star Consulting Ltd will use machine learning to analyse clinical note. The learning can predict endpoints such as heart attacks and provide the clinician with an alert and risk score. This will help clinicians to tailor their consultations.
OpusVL allows clinicians to observe patients digitally. If a patient is at-risk, the device can trigger an automatic alert.
Snoozeal is developing a device to treat obstructive sleep apnoea. The invention tones the muscles at the rear of the tongue while also developing a personal treatment regime.
This is just some of the funding that the Industrial Strategy Challenge Fund will release this year. The fund has £35 million to deliver over four years.
Article source: https://www.gov.uk/government/news/9m-awarded-to-breakthrough-digital-health-technologies