Health tech companies Medopad, Inhealthcare and Perfect Ward are set to receive a share of £50,000 in funding after being selected for Pfizer’s UK accelerator programme.
The three British start-ups are the second group of firms to join Pfizer Healthcare Hub: London, launched in 2017 to support budding companies in the health tech space.
Upon joining the programme, Medopad, Inhealthcare and Perfect Ward will gain access to Pfizer’s global partner network and receive support in bringing their products to healthcare providers and their patients.
Dr Hamish Graham, London manager at Pfizer Healthcare Hub, said: “The broad array of innovative technology presented to us by the different start-ups at the pitch day was a real privilege to see.
“The judges were impressed by the ambition and focus of Medopad on transforming patients’ lives through innovative solutions to real health problems.
“We are looking forward to collaborating on some exciting projects in the next 12 months to help bring the potential of their technology to more patients in the UK”.
Medopad is London-based digital health firm specialising in patient monitoring apps and data analytics.
In January, the company signed a significant MoU with Johns Hopkins University to explore how its machine learning capabilities could be used to identify at-risk patient groups.
The company said it would leverage Pfizer’s resources to explore the fields of oncology, rare diseases and neurodegenerative diseases.
Alex Gilbert, partnerships at Medopad, said: “The Pfizer healthcare hub will be an excellent opportunity for us to partner with another organisation as motivated to transform patient care as Medopad are. Our vision to help people live longer is a big one and we know we will need partners to help us achieve this mission.
“We aim to leverage Pfizer’s experience and commitment to the UK healthcare system as well as our technological prowess to further develop the role of digital in the UK healthcare ecosystem.”
Inhealthcare, meanwhile, develops monitoring solutions aimed at allowing patients to be cared for outside of hospital environments and relieving pressure on resources.
The Yorkshire-based outfit has been tapped for a number of projects in recent months, including a community telehealth project in Hull and an initiative in the East Midlands aimed at reducing hospital admissions sustained by older people as a result of falls.
Bryn Sage, chief executive of Inhealthcare, said: “It’s fantastic to be working with the Pfizer Healthcare Hub: London. We really value the extra support and guidance to help us to build on our achievements to date.
“We’re passionate about keeping people out of hospital; scaling our technology will help us to transform the health and care service and allow more people to be cared for on-the-go.”
The third start-up to bag a place on Pfizer Healthcare Hub: London, Perfect Ward, provides inspection tools to help NHS teams monitor their performance against CQC criteria.
CEO, Jonathan Knight, said: “We’re excited to be able to work with the expert mentors at Pfizer who so clearly understand patients and clinicians. Their valuable input will help us to develop, improve and grow, as well as help us deliver our mission and goals.”