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An Ecosystem For Medtech Funding And Innovation Support – BioWales 2024

Companies Can Often Use Wales’ Relatively Small Market Size To Their Advantage

 
• By Ashley Yeo

Creo Medical and Clinithink are among the healthtech innovators who have benefited from funding and advisory support offered by the Development Bank of Wales. All three gave a take on the current funding environment at BioWales in London 2024.

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Creo Medical, a UK provider of minimally invasive surgical endoscopy for pre-cancer and cancer patients, is an innovation and funding success. “It is an outcomes focused company to improve the patient’s journey,” said Richard Thompson, senior investment executive at the Development Banks of Wales (DBW/Banc).

DBW has been a factor in the Chepstow, Wales company’s ascent of the commercial ladder. It was the first institutional investor in Creo Medical Ltd

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