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Latest News

  • CIC increases holding in medical robotics firm

    Cambridge Innovation Capital (CIC), a technology and healthcare investor, has increased its stake in a developer of next-generation robotics used for surgery as part of a £19.1 million funding round alongside other investors.

    So far, the firm Cambridge Medical Robotics (CMR) has raised more than £30 million. The system they've...

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  • £15m Newport hospice officially opens

    A new hospice in Newport, Wales has officially opened in what's expected to be a boost to local jobs.

    The £15m, 15-bed St David's Hospice Care facility is run by St David's Hospice Care (SDHC) in partnership with Aneurin Bevan University Health Board and Newport City Council, and replaces a ten-bed unit at St Anne's...

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  • Strong growth reported for UK pharmaceuticals firm

    The pre-tax profit at pharmaceutical company Actavis UK has soared past the £120m mark in the year of its multimillion pound takeover.

    The firm, which produces around 5 billion tablets annually from its manufacturing facility in Barnstaple and provides around 10 per cent of the UK's generic medicines, was acquired by Intas Pharmaceuticals...

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