How one Oxford based medical company is expanding with new UK and US offices.
Following significant business growth, Perspectum Diagnostics, the company behind a revolutionary new medical device that removes the need for costly and painful liver biopsies, is set to graduate from serviced offices at Oxford Centre for Innovation to fully leased offices at Beaver House, Hythe Bridge Street, Oxford. The University of Oxford spin-out has more than tripled its headcount in addition to opening two US offices in the last two years due to the success of its LiverMultiScan, a new way of assessing disease in the liver by measuring the amount of fat, iron, fibrosis and inflammation of the liver in the same scan.
“Oxford Innovation has played an important role in our success. Through being based at OCFI we were automatically surrounded by other technology and medical organisations as the set-up appeals to people in similar industries. When we first moved to OCFI we were at an early phase of innovation but we have been able to grow within the centre avoiding costly overheads and are now ready to graduate into our own offices.”
Dr. Rajarshi Banerjee, CEO of Perspectum Diagnostics
To facilitate the company’s rapid growth, vital business support has been provided from Oxford Innovation Services via Enterprise Europe Network (EEN) advisors, leading to the award of two major grants totalling €4.5million in addition to providing Perspectum Diagnostics with market data assisting with international expansion. Perspectum’s LiverMultiScan device is currently under consideration by the National Institute for Health and Care Excellence (NICE) for adoption by the NHS for liver diagnosis, which could lead to significant savings of £500 per patient for a disease that currently effects 15 – 20 per cent of the UK’s population.
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