Imperial Business School: a MedTech to Market Journey

Giovanna’s annual talk to the Imperial Business School took place last week; here we share the presentation Deck. Had she known in 2002 what she knows now, it would have taken a third of the time to create three specimen collection products and a springboard to global reach. She and Dr Vincent Forte are beyond proud of what they have achieved. 202210_ForteMedical_HealthTech_Commercialisation_Journey

Our first update for a while – welcome to September’s News Review!

Having survived the C19 years, not without uncertainty over our future, we are thrilled to deliver good news in the form of new distribution relationships in the USA, a signed licensing agreement for a new device … and the launch of our scale-up EIS investment round. Welcome to the Forte Medical News Review 

Peter Woodcock, Consulting Financial Director rejoins the Forte Medical Team

In 2008 our coveted Finance Director Peter Woodcock moved to France, which at that time made seamless team working less than convenient. Thanks to the advent of tele-conferencing and the new normal of remote team working, his return as Consulting Financial Director is fortuitous indeed. Welcome back, Peter!

UTIs still being diagnosed by 140 year old test

This is an important article by Alexander Edwards and Sarah Needs from Reading University. UTI diagnoses are woefully out of date. Here at Forte Medical we are working to improve accuracy one dip at a time but also support the intrepid work of Microplate DX. Before immediate pinpointing of targeted antibiotic is possible, our planned triage to treatment kit Peezy@home will help. Seeking collaborative home testing businesses for partnership.

Signed licensing agreement for new Forte Medical device

Owen Mumford signs licensing agreement for novel specimen collection system

When asked by a leading cancer researcher for a urine collection system to meet specific diagnostic needs, the Forte Medical team designed a cost-effective and clinically accurate solution. Thanks to the company’s relationship with industry partner Owen Mumford, that device has come of age.

“Our US team identified a need for a particular collection device, requested by a global health retailer for home testing,” explains Adam Mumford Director of Owen Mumford Ltd and Commercial Director at Forte Medical. “We discussed the project with the team at Forte and they revealed existing designs for exactly what we wanted. After appropriate due diligence on both sides I am happy to confirm that a licensing agreement has been signed. We look forward to making a more detailed announcement in coming weeks.”

Commercial Director appointment: Adam Mumford

It has been agreed by the Forte Medical Board to appoint Adam Mumford as Commercial Director to Forte Medical Limited. Adam’s 30 years experience of developing commercial relationships will help spearhead the company’s new business model of licencing its technologies to industry partners.

Owen Mumford Limited is a shareholder of Forte Medical and licensing partner for its new device under development, Peezy First Stream.

Right First Time: SME Innovator Winning The Argument Against Perverse Incentives

Ashley Yeo, Editor Life Science Editor for Invivo Informa interview Forte Medical CEO and co-founder Giovanna Forte, nominated as one of the 30 Rising Leaders in Life Science. He concludes that users are perhaps finally coming round to the notion that Forte Medical always did have it Right First Time. This in-depth discussion with Giovanna outlines the perverse incentives that keep preventative, cost-saving innovation at bay, to the detriment of patient safety, unnecessary prescribing and long-term patient health.

Read the interview in full here.

Thermo Fisher Scientific goes live with Peezy Midstream in North America

Forte Medical is delighted to announce that from July 2022, Peezy Midstream will be available through Thermo Fisher Scientific in the USA. The press release from Thermo Fisher is available here.

Visit our How to Buy page for more information on Peezy Midstream sales and distribution across North America and Canada.

How to Have Fun At Work: Giovanna talks with Funny Women

Giovanna Forte discusses Transferable Skills with the indefatigable founder of Funny Women, Lynne Parker and wedding guru Lily Jones.

Listen to the Podcast here.