SmartLife Set for Expansion


Medical research company SmartLife Technology has announced plans to roll out its flagship product in a bid to push sales past £10m by 2012. The HealthVest, which can measure an individual’s temperature, respiration and heart rate, was originally developed at the University of Manchester before SmartLife acquired the intellectual property rights. Chief executive Mark Pedley said the vest could reduce the need for patients to have to go to hospital for tests, enabling health authorities to save millions of pounds. The company sees the US market as its primary route to growth.

 

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