t+ Medical acquires Vivatec Ltd
16 July 2008
Oxford-based telecare company t+ Medical has acquired preventative
telecare supplier Vivatec Ltd. The purchase of Vivatec will allow t+
Medical to expand by offering an integrated patient monitoring solution
covering medical devices, communication technology and nurse call
centres.
t+ Medical supplies mobile phone-based technology for capturing
patient data for long-term condition management and clinical trials.
Vivatec is one of only 13 companies to be selected as a supply
partner to the UK NHS Purchasing and Supply Agency (NHS PASA) for
telecare products and services. The company supplies two of the three
Department of Health funded Whole System Demonstrator projects that are
evaluating remote monitoring technologies with 6,000 patients across the
UK. The company will now further develop its position as a leading
supplier of a complete spectrum of patient monitoring devices.
In a joint statement, Tim Clover, CEO of t+ Medical Holdings and
Andrew Hall, founder and Managing Director of Vivatec said: "The
combination of two successful companies creates a complete solution for
both healthcare and drug discovery organisations. This acquisition
enables t+ Medical to expand its current offering by adding an extensive
range of medical device technologies to its remote patient monitoring
solutions and ePRO technologies for clinical trials. The synergy between
the two companies provides an ideal base from which to further deliver
the benefits of mobile telephones in healthcare and we expect that this
latest development will enable the rapid growth that we have experienced
to continue."