19 of the UK’s finest health technology companies are taking part in trade mission to San Francisco

19 of the UK’s finest health technology companies are taking part in trade mission to San Francisco

11 Jan 2011

Some of the most innovative health technology companies in the UK are in San Francisco and Silicon Valley this week and are working to open their businesses up to the US market. 19 delegates representing some of the best health tech companies that the UK has to offer, are taking part in the Future Health Mission 2011, sponsored by the Technology Strategy Board, UK Trade and Investment and a range of private investors including Microsoft.

The entrepreneurs behind these growing healthcare technology companies are being given the opportunity to engage with the US’s top technology companies. It is a chance to see just how US businesses are addressing emerging market opportunities. Delegates will also have the chance to meet investors, stake holders, and potential partners.

“The Technology Strategy Board believes the San Francisco and Silicon Valley areas have created the most unique environment in the world for spawning and growing the technologies that will change the world—and that innovation is crucial to UK businesses,” said David Bott, Director of Innovative Programmes at the Technology Strategy Board.

“We are working to replicate this environment in the UK, and each year the Technology Strategy Board brings our best and brightest here to further learn from peers and offer Bay Area companies opportunities to participate in the UK health arena.”

The products that the businesses are currently taking to market range from thermal fertility monitors set to rival IVF, to self-monitoring electronic band-aids and pioneering therapeutic stem cells to treat stroke, as well as numerous others. Many are already having huge impacts on social issues within the UK, from cancer screening to geriatric care.

Matthew Durdy, CEO of Aqix Ltd, whose company has developed a unique synthetic human interstitial fluid with the potential to increase the transport life of donated organs, said:

“The Future Health Mission is a fantastic opportunity for Aqix to showcase our pioneering health technology in the US as well as exchange knowledge, expertise and contacts with our American counterparts. Over the past five years Aqix has grown into a thriving UK business and we’re now looking forward to demonstrating our potential for commercial success on a global scale.”

During the week companies will have the opportunity to pitch to Silicon Valley based investors and venture capitalists. Previous Missions, focused on pioneering UK environmental and web-based technologies, have lead to over £100million of investment and it is hoped that the Future Health Mission will have an equally significant impact in a fast-growing field.

The businesses were invited to compete for the opportunity to take part in the mission. In total over 70 applications were received with 19 businesses ultimately selected for the mission by a panel of judges made up of representatives from sponsor organisations.

More information is available at http://www.futurehealthmission.com and you can follow the progress of the 19 companies during their visit by following the social media pages on this site.

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Last updated on Tuesday 11 January 2011 at 12:08

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