Funding boost for medical wearable that continuously monitors COPD
People with chronic obstructive pulmonary disease (COPD) could benefit from a wearable technology that has received funding for further development..
People with chronic obstructive pulmonary disease (COPD) could benefit from a wearable technology that has received funding for further development.
Cardiff-based Bond Digital Health, which develops software and other technology to support health providers, practitioners and patients, has received a private equity investment of £200,000 in addition to a £68,583 grant from Innovate UK.
The £200,000 equity investment, which was advised by Severn Seed Finance, is part of a planned £1m funding round for 2018 and will be used to support the growth of the business.
The grant, awarded as part of Innovate UK’s Precision Medicine competition, will allow the company to develop its new wearable technology.
According to Bond, the device will help patients monitor their condition and provide more accurate and comprehensive health data to their doctor.
Described as a ‘digital stethoscope’, the device attaches to the patient via a patch to record lung and heart noises.
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