Evaluating medical innovations: apply for funding

16 Apr 2019 01:44 PM

Organisations can apply for a share of £1.5 million to help evaluate medical devices in real-world clinical settings.

Life sciences is one of the defining industries of the UK, with over 5,000 companies and 250,000 employees, and a turnover of £70.3 billion. It is also a sector that fosters growth, with more than 95% of life sciences businesses being micro, small or medium-sized enterprises (SMEs).

However, a 2016 Accelerated Access Review revealed that life sciences SMEs often face obstacles in presenting real-world evidence – within an NHS setting – to support their efforts to get their innovations commissioned within the NHS to help patients.

Up to £1.5 million is available in a competition through Innovate UK and the Office for Life Sciences to support evaluating cutting-edge devices, diagnostics and digital technologies in a real-world clinical setting.

Performance and effectiveness

The competition will support SMEs to develop an evidence base for how their products and services perform in NHS settings. SMEs can choose between 1 of 2 options for projects:

Projects must:

In the competition priority will be given to projects related to:

Competition information

Find out more about the Office for Life Sciences.

Find out more about this competition and apply.