Medtech secures six-figure government funding to accelerate COVID-19 research
A London-based therapeutics and health tech firm has secured six-figure government funding to accelerate its clinical research.
Closed Loop Medicine has secured £250k from Innovate UK’s COVID-19 Continuity Funding to support its ongoing clinical research programme.
The firm, which was awarded the Innovate UK Precision Medicine Accelerator in 2019 to develop a precision drug and digital therapy package for patients with high blood pressure, will use the funding to accelerate its research into the connection between hypertension and COVID-19.
Dr Hakim Yadi OBE, CEO & co-founder of Closed Loop Medicine, commented: “We are very grateful to Innovate UK and UK Government in recognizing the impact COVID-19 has had on important projects like this.
“We’re looking forward to working with Innovate UK and our collaborators at QMUL on this critical study. We hope to be able to add new research to the analysis on the link between COVID-19 and high blood pressure.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025