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.
Confidence the missing ingredient for growth
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside
Engineering a future-ready talent pipeline
AI matters, but people matter more
How Merseyside firms can navigate US tariff shift