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Birmingham Post
Birmingham Post
Business
Coreena Ford

North East deals of the week: key acquisitions, contracts and investments

North East medical innovator PolyPhotonix has secured NHS backing for its specialist sleep mask that is used to prevent and treat the leading cause of blindness in Europe.

The Sedgefield-based firm's Noctura 400 mask - which has been some years in development - has been adopted by Ashford and St Peter’s NHS Foundation Trust, where research has shown its effectiveness in improving and stabilising diabetic eye disease in 96% of patients. And the move has been hailed as great news for patients and the NHS alike.

PolyPhotonix says the device, which earned a $10m investment from US backers PrevailWorks earlier this year, has the potential to save the NHS millions by providing an early stage, non-invasive alternative to current treatments such as eye injections. The medtech developers say it could reduce hospital clinic appointments in a field which costs the NHS and estimated £10bn per year.

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