De Montfort University (DMU) and Renfrew Group International (RGi) will join a handful of organisations selected to showcase the best of British business in a Life Sciences Sector Summit on 2nd August 2012.
Joan Taylor, Professor of Pharmaceutics at DMU and Bruce Renfrew and Michael Phillips of RGi will be displaying their product at the British Business Embassy at Lancaster House where global business leaders will come together to see British innovation and to discuss opportunities for collaboration and supply. The artificial pancreas is a device, which when implanted into the peritoneal cavity will automatically release the correct amount of insulin in response to varying blood sugar levels.
With the right funding to undertake the pre-clinical trials, the product could be introduced for wide scale trials in just a few years. DMU are currently seeking an industrial/commercial partner to help with funding and manufacturing.
Diabetes is a condition affecting many millions with severe and life threatening complications and presents an enormous and growing cost to western economies and developing nations.Professor Taylor said: “This is a great opportunity to showcase a product which has been developed in collaboration between industry and academia, and we are honoured to have been selected to represent our innovative medical device to a global audience at the most prestigious event in its field.”
The British Business Embassy at Lancaster House will attract over 3,000 UK and international business leaders from across the world. The programme begins with a Global Investment Conference followed by the series of sector and country days which are expected to generate £1bn of additional sales for British companies.
Hosted by Lord Green of Hurstpierpoint, Minister of State for Trade and Investment with Professor Lord Darzi of Denham, UK Business Ambassador for the Life Sciences and Chair of the Institute of Global Health Innovation at Imperial College London as a keynote speaker , an impressive cadre of high profile sector leaders will be joined by top industrialists and entrepreneurs, eminent clinicians and researchers, leaders from the UK’s National Health Service and Health Ministers from around the world.
It is recognised that there are many challenges facing healthcare provision in both developed and emerging economies. This summit will discuss and debate the ways in which transformational change in healthcare can be achieved through collaboration between industry, academia and healthcare providers.
Key themes explored during the Summit include translational research to develop novel therapeutics and medical technologies, and the expanding role of informatics and digital technology in healthcare delivery.
Renfrew Group International has for over 25 years, converted innovation into successful products. Projects have ranged from healthcare equipment, through consumer products, to capital goods of all types.