What is a health technology?
A health technology is the application of organised knowledge and skills in the form of devices, medicines, vaccines, procedures and systems developed to solve a health problem and improve the quality of our lives.
Where are the boom areas on health startups?
The growth areas outside of the normal investment categories are digital health and the application of AI into health, drug development and research
Which are good examples of health startups?
Probably the biggest and best example of a health startup in the UK is Babylon Health which is partnering with both the NHS and private healthcare companies to provide Digital Health services
Is working at a health startup a good career move?
Very much so. Not only do you get to work on good you will work with technologies which have a huge market if you get it right. You will also have the opportunity to move into a traditional pharma or work internationally applying the same tech say in a developing market where arguably there’s more need. The market really is primed for huge growth
Healthcare Startups London #1 HOT HEALTH START UPS in 2020
So to help you keep track of some of the healthiest (Ed: groan…) players and shakers on the ward right now here’s a list of some of the top health start ups London and across the UK to keep an eye on in 2020
Health Startups London
Babylon’s mission is to put an accessible and affordable health service in the hands of every person on earth which is a big statement but what is without doubt is that they’ve already made ground breaking and rapid progression in the UK by partnering with NHS Trusts such as Hammersmith & Fulham.
Babylon’s AI has been designed around a doctor’s brain to provide accessible healthcare for millions in the palm of their hands, however they actually are making greater in-roads into the private company health care market.
With existing operations in the US, UK, Canada, Rwanda plus multiple countries across APAC and the Middle East, Babylon are a unicorn level startup to watch.
BenevolentAI founded in 2013 by Ken Mulvany and with a £200m+ funding level is transforming the way medicine is designed, developed, and tested by taking in millions of data points and processing them using A.I. to discover new ways to develop better medicines and learn through data how patients respond to treatment generating insights into the actual causes of the disease.
Cell Medica founded by Gregg Sando with a £150m+ funding level is trying to transform the lives of cancer patients by attempting to harness the natural biology of a subset of cytotoxic T cells referred to as “NKT” cells (Natural Killer T cells) which have potentially vital biological differences to “normal” T cells.
Pando (formerly Forward Health)
Pando want to be the essential tool for teamwork and secure collaboration and is designed to benefit anyone working in health and social care, working in a team, with a need to share sensitive information and images securely by offering a variety of purpose-built features including secure messaging, image capturing and patient lists.
Cut your team’s reliance on bleeps, switchboard and WhatsApp, and give yourself a break too.
Stress? Problems? Something to celebrate? Professional development? Literally anything on your mind?
While Sanctus can’t work on everything, their coaching support employees by creating impartial spaces where they can talk about their mental health & wellbeing with a professional
And before you ask, no, there aren’t any tweed jackets, hypnotic pocket watches or references to Freud. Sanctus Coaches aren’t there to judge, diagnose or “fix” anyone, simply to give people the space that they need to talk. – Sanctus Coaching
Learn, prepare and test on surgical procedures, anytime, anywhere. Touch Surgery combines core concepts from gaming and surgical training to allow healthcare professionals to learn and teach surgical procedures all on their mobiles.
Thriva was started in 2016 with the aim of building the world’s first preventative health service as there is no simple and convenient way to track what’s really going on inside your body which means most people are forced to wait until something goes wrong until they can react – Thriva want to change that.
Thriva does this by letting you understand what’s really going on inside your body such as with smart finger-prick blood tests you take at home.
Autolus, founded by Martin Pule, uses of advanced cell programming and has an early stage development pipeline of products to try to treat solid tumours and haematological malignancies better with the mission statement to revolutise medicines that treat and cure life-threatening diseases.
Elder understands that arranging care for someone you love is never easy. It’s often stressful, confusing and complex and Elder work with the whole family to get the best outcome for everyone.
Elder do this by allowing you to book free consultation to talk through your family’s situation with one of our expert care team with them providing advice on navigating the system and helping you understand whether live-in care is suitable.
After that and. if you agree it’s suitable you complete an online or freepost application form covers everything from health requirements and medication, to favourite meals and hobbies and then their matching team work with your family to help you find the most suitable available carer.
Hinge Health (Founders: Dan Perez, Gabriel Mecklenburg) is a digital health company that makes use of both hardware and software to tackle musculoskeletal injuries using tech such as dedicated software and wearable sensors to remotely deliver physical therapies as well as behaviour based health to patients suffering from chronic “MSK” conditions.
Medopad (Founders: Dan Vahdat, Rich Khatib) develops apps that connect patients with medical professionals and organise patient’s data from wearables, medical databases and other sources and then transmits this data safely and securely to doctors.
Orchard Therapeutics (Founders – Andrea Spezzi, Ben Auspitz) is a commercial stage biotech startup transforming the lives of patients suffering from rare diseases by implementing innovative and powerful gene therapies and to achieve this it has partnered with world leading institutions in gene therapy such as UCL London, Great Ormond Street Hospital and the University of Manchester.
uMotif (Founded by Bruce Hellman, Ben James) is a healthcare data capture firm that has developed a software platform to provided patient facing technology to capture data and use it for clinical research.
We hope you found our healthcare startups london guide useful.