Coventry-based Creavo Medical Technologies has scooped two awards at the annual MedilinkWM Medical & Healthcare Business Awards in the Start Up and Innovation categories, the first ever company to win two awards in the same year.
The awards, which marked their 15th anniversary this year, celebrate the most successful and innovative medical and healthcare companies working in the West Midlands and winners will now go on, along with the other regional Medilink Award winners from around the UK, to compete in the Medilink UK Awards in April this year.
Creavo Medical Technologies was established to commercialise technology that was developed by Professor Ben Varcoe at the University of Leeds following 10 years’ research into a new area of quantum physics.
The first application of this technology is VitalScan – a device that meets an urgent global cardiology clinical need of more accurately ‘ruling out’ cardiac problems at point of admission to emergency departments. It is a battery powered, portable device that can be deployed to a patient’s bedside and has been dubbed ‘the first new imaging modality since MRI’.
CEO of Creavo Medical Technologies, Steve Parker, said: “We are the first company in the history of the event to receive two of the five awards in the same year so are, naturally, delighted.
“These awards are testament to the commitment of the Creavo team whose hard work has helped us to achieve several major milestones in the last few months, including receiving CE mark registration for VitalScan. We are about to start clinical trials of VitalScan at four of the UK’s largest emergency departments and are in a very strong position to build on in 2017.”
Richard Stone, Chief Executive at Medilink West Midlands, said: “The West Midlands is home to some of the most innovative and successful medical and healthcare companies, each with a great commitment to support product and service development with a view to enrich healthcare in both the region and beyond. We have strong regional networks of collaboration and that was reflected with the mixed representatives from the region’s medical and healthcare technology sectors.
“The evening was a great success and we’re proud of not only our winners, but all of our finalists whose limitless drive, imagination and achievements were celebrated in recognition of the impact that they have made to the medical and healthcare sector in the West Midlands, helping to drive up economic prosperity, as well as improve health.”