Young guns have Awards glory in their sights
Cambridge University brainpower is very much to the fore in some of the latest entries to the 31st annual Business Weekly Awards.
Among the young guns going for it with a wham factor are Kalium Health Limited and PACare.io.
Digital health company Kalium Health Ltd, based at the Cambridge Biomedical Campus, is a spin-out from Cambridge University and is working to help millions of people living with kidney disease to manage their health at home.
The company has had a fantastic last year, raising nearly £1 million seed funding on March 2020 from influential groups, developing a partnership with Kidney Research UK and embarking on development of the world’s first personalised blood electrolyte monitoring platform.
The invention being displayed by the company aligns perfectly with the accelerating transition towards decentralised care and digital health monitoring.
Kalium Health believes it has the perfect blend of skills and experience to bring much-needed innovation to patients worldwide.
Cambridge Enterprise, the university’s commercialisation arm, led the over-subscribed seed round with participation from Kidney Research UK, Cambridge Angels and Martlet Capital, the investment arm of Marshall of Cambridge.
Another exciting startup entrant is PACare.io, based out of Robinson College. It has entered six categories of the Awards, including those backed by Cambridge Judge Business School and Cambridge Enterprise.
PACare.io is led by a group of international undergraduate and graduate students from across the US and UK. The global collaboration has provided the co-founders with unique perspectives and fostered an innovative group dynamic.
PACare.io uses a digital app to increase patient compliance towards their perioperative tasks, which is done to decrease postoperative complications for patients and to reduce hospital readmissions. The app provides not only a streamlined approach for enhancing medical compliance but also personalisation for surgeons according to their specific needs.
PACare.io has several ongoing trials with world renowned clinics within the Cambridge/London area.
The business model is predicated on the fact that every year the NHS loses £300 million due to patient non-compliance.
PACare.io has teamed up with nine Harley Street plastic surgeons, Cambridge University Hospitals’ orthopaedic department and Harvard University ENT department to produce what it describes as “an intuitive, easy to use and patient centred peri-operative app.”
Co-founder Andrew Zhou tells us: “We have been accepted into Harvard Innovation Labs and made it to the semi-finals of the President Innovation Competition.”
Perioperative medicine offers multidisciplinary integrated medical care of patients from pre-surgery, throughout operations and into the recovery period.
The company has created personalised spaced repetition reminders to ensure timely completion of peri-operative tasks as well as short video explanations for patients’ perioperative tasks. It has also developed engaging educational information for patients about their medical condition.
Andrew says: “We pride ourselves on approaching peri-operative care in an holistic manner. We are reducing the friction for patients to obtain better post-op outcomes.”
The need for such an approach is plain to comprehend: The number of people having surgery is growing and so too is the complexity of operations. One in five patients experience post-surgical complications.
PACare.io believes it has invented the perfect roadmap to help surgeons and other healthcare specialists navigate routes to successful outcomes.
If you are a hospital or independent surgical clinic based within Cambridge/London that is interested in either trialling or purchasing the PACare.io service, feel free to contact hr.pacare.io [at] gmail.com.
The Business Weekly Awards will be held on Tuesday September 7, 2021 at Queens’ College, Cambridge.
The new deadline for entries is May 31. To enter the awards online visit: www.businessweekly.co.uk/business-awards/enter-awards