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i360 Medical signs medical device and diagnostic deal

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I360 Medical has signed a medical device development deal with Singapore's Diagnostics Development Hub and the Feinstein Institute for Medical Research in the US

The deal has been agreed to target the development of medical device and diagnostic technologies with an initial focus on surgical procedures, intra-operative diagnostics and diabetic management reported the Irish Independent.

Derek Young, the chief executive of i360 Medical, said to the Irish Independent that the deal will help benefit patients.

Young said: "Both of our partners are recognised as global leaders in their areas are we are excited to combine our networks with the goal of developing and commercialising breakthrough technologies for the healthcare of tomorrow.

"This will benefit Ireland by bringing more 'medtech' startups here and by leveraging the combined international network of the three bodies to launch these startups commercially into the international healthcare markets."

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