UK Industry Bids For Boost In Healthtech And Digital Investment
The UK is relatively well placed in European comparisons regarding access to medtech funding, but it is also ready and waiting for further improvement, say the local venture capital (BVCA) and healthtech industry (ABHI) associations.
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The UK election result allowed newly-reinstalled prime minister Johnson to tinker with his cabinet. Surviving the small reshuffle was health secretary Matt Hancock, who wasted no time in setting out 2020 plans to support the digitally-enabled NHS of the future.
The December 12 UK general election returned a Conservative majority, the scale or which few would have predicted. It means that the new government can press on with its plans for Brexit, the uncertainty now surrounding only when, not if.
The “what” and the “how” involved in bringing medical technology to market for adoption by health-care systems is changing fast. The UK is laying the groundwork to be a global medtech innovation champion with two new tools: NHS England’s Long Term Plan and the newly boosted Accelerated Access Collaborative. The AAC's first chief executive, Sam Roberts, has been profiling her role in this prospective UK market access transformation.