The partnership aims to support the UK’s research, development and innovation capability and bolster manufacturing in the UK. A particular focus will be placed on the commercialisation of diagnostic innovations to address unmet population health needs. By leveraging CPI’s facilities and its track record of developing MedTech, along with support for SMEs working with diagnostics, the two parties will work together to enable ABHI’s members to benefit from a one-stop service to research, prototype and manufacture their innovations.
ABHI is the UK’s leading industry association for health technology. It supports its 300 members to provide products and technologies to patients in the UK and abroad, with small businesses make up a significant group.
Dr Arun Harish, Strategy Director at CPI said: “We are delighted to be forming a partnership with an organisation that brings significant value to HealthTech companies. This partnership will enable us to support more companies to develop their innovative products at reduced risk, by providing access to world-class facilities and finance and leading experts in commercialising medical technologies”.
Nishan Sunthares, Chief Operating Officer, ABHI said: “I am delighted to announce this partnership with CPI to boost SME growth. By bringing ABHI’s expertise in areas such as regulation, innovation adoption and health policy, closer to CPI’s significant technology development capabilities, I am excited about the support we can deliver to the many small UK HealthTech companies, to scale up their operations, and promote excellence across the industry.”
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