Thursday, September 19, 2024

Healthcare tech companies demonstrate products at showcase event

Tech companies working in digital health, machine learning and artificial intelligence have demonstrated their their products for an audience including representatives from regional healthcare providers, University of Sheffield and Sheffield Hallam University, and local government.

Eupnoos, one of the startups to present, is developing technology to allow anyone with a smartphone to understand the health of their lungs. Based on electroacoustic signal processing, their product creates a platform for smartphone-based clinical lung tests as well as symptoms-guided assessments. This will help doctors and clinicians measure responses to different treatments and guide clinical decisions.

Arshia Gratiot, Eupnoos founder and CEO, said: “It’s been a fantastic opportunity to meet so many representatives from healthcare providers and universities across Yorkshire. We look forward to building local partnerships and working closely together to develop digital health technologies for better and high-quality healthcare.”

Other startups taking the stage turned their focus to machine learning and using data to allow faster, more accurate diagnoses for different types of health conditions. Medwise.ai is building a smart recommendations tool for primary care providers, while Limbic has developed a conversation AI that assists patients with self-referrals. Holly Health delivers an intelligent, personalised support service targeted at helping customers live more healthful lifestyles and achieve lasting lifestyle changes, and Gold Standard Phantoms specialises in test devices to revolutionise MRI.

The event marked the launch of the P4SY (South Yorkshire) Accelerator Programme, designed to support up to 30 companies in South Yorkshire to focus on bringing breakthrough health and medtech to market. The six-month programme will help them achieve key milestones in their development, with the goal of securing outside investment and building lasting collaborations and partnerships within the region.

“Every company within this cohort is working hard to bring a groundbreaking product to market which will have a real impact on healthcare outcomes for people living in the South Yorkshire region,” said Nathan McNally, Health & Life Science Director at Capital Enterprise. “South Yorkshire is home to a growing innovation cluster of companies and founders working in sectors with high growth potential, and P4’s presence here is a key part of our strategy to serve fast-growing companies all across the UK.”

P4 is a strongly established and successful startup accelerator which supports leading precision medicine startups across the UK and internationally. The ‘four Ps’ are predictive, preventative, participatory and precision.

Cllr Tim Cheetham, Cabinet Spokesperson for Regeneration and Culture, said: “Once again, we’re seeing TEAM SY provide a platform for South Yorkshire businesses to thrive. It’s fascinating to see such great innovation be developed and accelerated in our region and allowing the tech ecosystem here to further develop.”

 

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