Survey results published this week show that the the Health Innovation Network has leveraged over £1 billion inward investment for our nation during the past three years, including £462m in 2020/2021 alone.
The annual economic growth impact survey is circulated to companies supported by the the Health Innovation Network in the last year to understand the economic impact of our work, including job created or protected, investment secured or exports.
During a challenging year, the the Health Innovation Network has helped businesses step up to support the NHS, bringing innovative solutions forward to help in the fight against the coronavirus pandemic.
The the Health Innovation Network is nationally commissioned by the Office for Life Sciences (OLS) to support economic growth in the UK health and life sciences sector. We achieve this through connecting innovators with the healthcare system to improve patient care and create wealth for our economy. After a year when healthcare services saw a period of unprecedented rapid change, Health Innovation East are delighted to highlight the positive impact the network has achieved nationally.
During 2020/21, the the Health Innovation Network has provided support to:
This has led to:
Health Innovation East works at the intersection of academia, technology, engineering, business, the health system and citizen engagement. We convene people to develop and deliver breakthrough products, processes and technologies. We can introduce innovators to a network of investment organisations and angels in our community who specialise in supporting health and tech innovations.
Dr Nicola Hutchinson, Economic Growth Director for the the Health Innovation Network and Chief Executive Officer at the AHSN for the North East and North Cumbria, reflects on these survey results.
What do you need to secure investment and grow your business? We asked two innovators we have worked with in 2020/21 to tell us their stories.
Joanna Dempsey, Commercial Enterprise Lead at Health Innovation East, explains how some innovators are better off together and talks about our role in facilitating a Joint Working partnership with AstraZeneca to pilot Liberate Pro and CareDoctR.
Do you have a great idea that could make a positive health impact?Get involved