Research & development
British health tech incubator seeks
A new business incubator for biotechnology, medical devices and
healthcare informatics has opened at the Papworth Hospital, near
Cambridge, England. Itís said to be the first located at a hospital in
the U.K., and the first with a concentration on cardiac-related areas of
Situated near the world-famous Cambridge University and the Sanger
Institute, the incubator is welcoming North American companies.
Organizers of the bioincubator say companies will benefit from expertise
at the hospital and nearby educational institutions.
contains 67 Health Care Trusts, which form a considerable base of
potential customers. Moreover, the U.K. is a convenient launching pad
for business ventures in Europe.
The cardiothoracic incubator has been developed with an investment of £2
million. Management hopes to attract companies engaged in the
development of new medical devices and technologies for the treatment of
cardiovascular or respiratory diseases.
These companies will include spin-offs from research previously carried
out at the hospital and local universities, or firms which would benefit
from working on a U.K. National Health Service site.
The incubator provides a total space of 1,200 square metres of
commercial space to be broken down into units.
The East of England Development Agency (EEDA) is the driving force
behind economic regeneration in the East of England: Bedfordshire,
Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk. It is one of
the main investors in the new bioincubator, along with the Papworth
For its part, Papworth Hospital is the world famous heart and lung
centre based in this region. It provides the full range of adult
services in cardiac surgery, cardiology, thoracic surgery and medicine
to people who live in Norfolk, Suffolk, Cambridgeshire, Bedfordshire. It
also delivers highly specialized heart-lung services to the national
population and established the U.K.ís first transplant program and
performed the U.K.ís first successful heart transplant in 1979.
Dr Peter Blenkinsop (pictured above), chief
executive of Health Enterprise East, visited Canada last fall, visiting
the Ontario Hospital Associationís HealthAchieve Convention, as well as
the Hospital for Sick Children and St. Michaelís Hospital.
He said the Papworth cardiothoracic incubator is providing business
support and mentoring services including intellectual property,
accountancy, funding, regulatory affairs and networking opportunities.
Several units have been let, the most recent to a company from the
United States conducting clinical trails and research in conjunction
with the hospital. The incubator can accommodate a further 12 companies
and applications would be welcome from companies in the United States,
Canada and Europe, as well as the U.K.
For more information or to discuss your requirements in detail, please
contact Mike Beer on 01962 771515. (Email:
firstname.lastname@example.org) or Jackie Yates on 01480