Future Medical Technologies Receives £50K Investment from the North West Fund for Biomedical

Future Medical Technologies Receives £50K Investment from the North West Fund for Biomedical

The company intends to use the proceeds from the investment to speed up the development of its HydraCartilageTM technology and gain regulatory approvals.

Future Medical Technologies is led by Director Dr Yousef Taktak.

The £25m North West Fund for Biomedical is run by venture capital firm SPARK Impact and is part of the £185m fund provided by the European Investment Bank (EIB) and European Regional Development Fund (ERDF), to supply debt and equity funding to small and medium sized enterprises in the North West of England.

FinSMEs

08/08/2011

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