Creavo Medical Technologies (Creavo) is a winner at the Institute of Physics Best Start Up Award 2018. The award recognises young companies with a great business idea founded on a physics invention, with significant growth or societal impact potential.
Creavo has developed an innovative portable magnetocardiography (MCG) device, Corsens, which has the potential to help physicians accurately and quickly rule-out ischemic heart conditions. The device is a mobile medical magnetometer which can be used at a patient’s bedside to measure and report electromagnetic fluctuations caused by the heart’s activity. It has been designed to aid physicians in quickly ruling out ischaemia-related heart problems at the point of admission to emergency departments, based on performing a non-invasive scan.
Creavo’s CEO Steve Parker said: “We are delighted to have been recognised by the Institute of Physics, and winning this award is testament to the hard work of our people and their brilliant ideas.
“Our device is the subject of several clinical studies which are in progress globally – and initial findings are very positive. To be at the stage we are after just four years is a remarkable achievement, and we look forward to taking the next step towards full adoption of our device by medical professionals.”
The Institute of Physics Awards took place on 16 October 2018 in London.