Bristol-based medical device maker, P3 Medical, has announced it is entering the ABHI Innovation Hub in Texas.
Texas capital building
The hub is a partnership between Association of British Healthcare Industries (ABHI), and the Dell Medical School at the University of Texas at Austin. The hub gives UK companies the infrastructure to improve market access and clinician engagement in Texas.
P3 Medical is the sixth company to join the hub and have long-term plans to expand their stateside activities.
Simon Talbot, P3 Medical’s managing director, said: “This is a great opportunity for us as a company, especially with our recent acquisition of Stericom which has a lot of US potential.
“We have also just signed our first product development deal with a leading US academic hospital for a new airway device and have real scope to grow a number of our other products across the USA. Being part of the Hub allows us to be in a world-class facility, within an ecosystem of clinicians, investors and mentors whilst we grow our American business.”
The company is also taking part in ABHI’s mission to Texas taking place between 3-9 March. ABHI hopes to help UK companies reduce the time to profit and to enhance growth and return on investment in the USA.