Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

£2.6m for radical new treatment for kidney dialysis patients

15.02.2006


An innovative new medical approach which could substantially improve the quality of life for over a million kidney dialysis patients, and bring huge savings to health services around the globe has received an investment round worth £2.6m.



The development of this new product has been made possible thanks to a major funding round of £2.6m led by NPI Ventures with funding from NESTA (the National Endowment for Science, Technology and the Arts), who had previously invested £95,000 in the technology, Imperial College and Oxford Capital Partners.

At present, over a million kidney dialysis patients worldwide are treated by having a synthetic tube – called a vascular access graft - inserted under the skin, through which they are "hooked up" to a machine every few days.


Vascular access grafts are inserted beneath the skin so needles can be injected regularly and to maximise blood-flow to the dialysis machine. However, these can develop a potentially lethal disease, called ‘intimal hyperplasia’. This thickens the blood vessels, which is the most common reason for grafts needing to be replaced within a year, or for patients to undergo remedial surgery.

London-based Veryan Medical Ltd has developed SwirlGraft to combat this. It updates the standard synthetic grafts with a new spiral shape, allowing the blood to swirl through it, mimicking its natural action and reducing the likelikood of any problems.

By ensuring appropriate swirling blood flow through the dialysis graft and into the downstream vein, it stands to greatly reduce the disease by eliminating the stagnant flow regions where ‘intimal hyperplasia’ proliferates.

The SwirlGraft vascular access graft has undergone clinical trials at six hospitals in the Netherlands. During 2005 SwirlGraft was granted regulatory approvals in the US and Europe. This funding round will be used to develop the SwirlGraft and in particular to finance further clinical trials for the US market. The investment includes an option for a further £5.2m investment to further develop Veryan’s next high value product, the SwirlFlow vascular stent.

Mark White , Director of Invention & Innovation at NESTA, said:

"Veryan Medical is a great example of the kind of UK innovation our early stage seed funding is designed to support. Through investing in its innovative technology early on we are looking to ensure that this idea has every opportunity of being fully commercialised, benefiting patients, those working in healthcare, and the UK economy."

Joseph Meaney | alfa
Further information:
http://www.nesta.org.uk

More articles from Health and Medicine:

nachricht Biofilm discovery suggests new way to prevent dangerous infections
23.05.2017 | University of Texas at Austin

nachricht Another reason to exercise: Burning bone fat -- a key to better bone health
19.05.2017 | University of North Carolina Health Care

All articles from Health and Medicine >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: A quantum walk of photons

Physicists from the University of Würzburg are capable of generating identical looking single light particles at the push of a button. Two new studies now demonstrate the potential this method holds.

The quantum computer has fuelled the imagination of scientists for decades: It is based on fundamentally different phenomena than a conventional computer....

Im Focus: Turmoil in sluggish electrons’ existence

An international team of physicists has monitored the scattering behaviour of electrons in a non-conducting material in real-time. Their insights could be beneficial for radiotherapy.

We can refer to electrons in non-conducting materials as ‘sluggish’. Typically, they remain fixed in a location, deep inside an atomic composite. It is hence...

Im Focus: Wafer-thin Magnetic Materials Developed for Future Quantum Technologies

Two-dimensional magnetic structures are regarded as a promising material for new types of data storage, since the magnetic properties of individual molecular building blocks can be investigated and modified. For the first time, researchers have now produced a wafer-thin ferrimagnet, in which molecules with different magnetic centers arrange themselves on a gold surface to form a checkerboard pattern. Scientists at the Swiss Nanoscience Institute at the University of Basel and the Paul Scherrer Institute published their findings in the journal Nature Communications.

Ferrimagnets are composed of two centers which are magnetized at different strengths and point in opposing directions. Two-dimensional, quasi-flat ferrimagnets...

Im Focus: World's thinnest hologram paves path to new 3-D world

Nano-hologram paves way for integration of 3-D holography into everyday electronics

An Australian-Chinese research team has created the world's thinnest hologram, paving the way towards the integration of 3D holography into everyday...

Im Focus: Using graphene to create quantum bits

In the race to produce a quantum computer, a number of projects are seeking a way to create quantum bits -- or qubits -- that are stable, meaning they are not much affected by changes in their environment. This normally needs highly nonlinear non-dissipative elements capable of functioning at very low temperatures.

In pursuit of this goal, researchers at EPFL's Laboratory of Photonics and Quantum Measurements LPQM (STI/SB), have investigated a nonlinear graphene-based...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Marine Conservation: IASS Contributes to UN Ocean Conference in New York on 5-9 June

24.05.2017 | Event News

AWK Aachen Machine Tool Colloquium 2017: Internet of Production for Agile Enterprises

23.05.2017 | Event News

Dortmund MST Conference presents Individualized Healthcare Solutions with micro and nanotechnology

22.05.2017 | Event News

 
Latest News

Physicists discover mechanism behind granular capillary effect

24.05.2017 | Physics and Astronomy

Measured for the first time: Direction of light waves changed by quantum effect

24.05.2017 | Physics and Astronomy

Marine Conservation: IASS Contributes to UN Ocean Conference in New York on 5-9 June

24.05.2017 | Event News

VideoLinks
B2B-VideoLinks
More VideoLinks >>>