Sign In
NewsRadar

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.

   


Pioneering Cancer treatment technology backed


This enables faster, more accurate cancer surgery, with the associated benefits for the patient and clinician, when compared with the slow, painstaking process of taking multiple samples of tissue for analysis.

The investment round was led by investment fund London Seed Capital in conjunction with the London Business Angels and Catapult Venture Managers.

Michelson Diagnostics has the potential to significantly impact a growing market for diagnosis, treatment and post-operative monitoring of early stage cancers. Within a clinical setting the company’s technology allows surgeons to see the size and location of a tumour in real-time. This allows them to assess tumour margin and spread giving better surgical outcomes and less chance of readmission. Ex-vivo clinical testing at University College Hospital, London and Gloucestershire Royal Hospital has already demonstrated the huge potential of this new technology.
Robert Desborough, Investment Manager at London Seed Capital, commented;
'Medical Device technologies have the ability to significantly impact and extend the lives of patients worldwide. We are delighted to be involved with Jon Holmes and his team at Michelson Diagnostics as they address a major clinical problem with truly innovative technology, enabling the potential to save hundreds of thousands of lives globally.'
Asked about the long term development of the business, CEO Jon Holmes commented;
'This funding will enable the company to continue the development of our Optical Coherence Tomography technology and demonstrate its potential to solve significant unmet medical needs in multi-billion pound markets worldwide. We are tremendously excited by the confidence shown in Michelson Diagnostics by our new investors, London Seed Capital (LSC), London Business Angels and Catapult Venture Managers.'


Publisher Contact Information:

Michelson Diagnostics
+44 (0) 208 308 1695
Jon.Holmes@md-ltd.co.uk

Company profile of Michelson Diagnostics
Past press releases of Michelson Diagnostics.

Data


27,722
Tech investments
From our Online Data Service
17,881
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Dec 21€50.0MKnowledge management
Dec 20€16.0MSemiconductors
Dec 17€18.0MOther Computers & Electronics
Dec 17€5.2MBiotechnology
Dec 17€17.0MBusiness applications
Dec 15€17.0ME-Commerce
Dec 4€3.3MNanotechnology

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Sep 30
TetaVi
tetavi raises $6 million to help more companies bring 3d holograms ...

May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Mar 31
CompPair
the fit allocates chf 100'000 to comppair technologies

Jan 29
Yumpingo
yumpingo raises $10m to transform guest experiences in restaurants





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.