HomefundingMedicina Receives £6M Investment from Business Growth Fund

Medicina Receives £6M Investment from Business Growth Fund

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Medicina, a Bolton, UK-based medical devices company, received a £6m investment from Business Growth Fund.

The company will use the proceeds to expand in the UK and international markets, as well as develop new products development and make acquisitions.

Founded by CEO Ken Harrison in 1992, Medicina designs and distributes syringes, tubes and pumps which administer nutrition to a patient, both in hospital and at home. Clients include the NHS and a number of leading homecare companies.

In addition to the investment, healthcare sector veteran Galvin Mould joined Medicina as Non-Executive Chairman.

FinSMEs

19/12/2013

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