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NPIF – Mercia Equity Finance invests £650k in GI UK Medical

NPIF – Mercia Equity Finance has made a £650,000 investment in North Yorkshire new medical device supplier GI UK Medical.

The new funding will allow the company to develop its global supply partnerships as well as initiate its sales and marketing strategy. They will also recruit two new sales staff as they establish themselves as a new supplier for the NHS.

GI UK Medical was formed by Andy Fox, Andy Smith and Lawrence Wade. The company specialises in gastroenterology products.

They will offer the NHS and private healthcare providers technologies to improve patient care and reduce cost, and they have already struck a number of exclusive deals.

One of their products is a new capsule endoscopy system that replaces the need for an invasive colonscopy.

GI UK Medical has already attained its ISO 9001 quality standard that it requires to trade successfully.

UKBAA

By UKBAA26 Mar 2020