In addition, it has recently appointed Dr Helen Routh (former Senior VP at Royal Philips) as chairman and Dr Achim Mayer (former VP at TomTec) to head up product development. Oxford University spin out Ultromics has raised £ 10 m ( $ 13.3 m ) in a series A round , led by Oxford Sciences Innovation . Ultromics has developed an analysis technology that aims to significantly improve accuracy in diagnosing coronary artery disease , reducing diagnostic errors by 50 % . The technology is currently being trialled at six UK National Health Service hospitals and is to be expanded to 20 hospitals by year 2020 . The funds will be used to bring the technology to market in the US , roll out in the UK early in 2019 and for further R&D.
Oxford University spin out Ultromics has raised £ 10 m ( $ 13.3 m ) in a series A round , led by Oxford Sciences Innovation . Ultromics has developed an analysis technology that aims to significantly improve accuracy in diagnosing coronary artery disease , reducing diagnostic errors by 50 % . The technology is currently being trialled at six UK National Health Service hospitals and is to be expanded to 20 hospitals by year 2020 . The funds will be used to bring the technology to market in the US , roll out in the UK early in 2019 and for further R&D.