Newspaper article The Journal (Newcastle, England)

Sound Idea for Animal Health

Newspaper article The Journal (Newcastle, England)

Sound Idea for Animal Health

Article excerpt

Byline: HEALTHCARE Coreena Ford? 0191 201 6331 ?

AN animal healthcare company which develops therapeutic devices has been served a PS265,000 cash injection to help its growth.

Curar Animal Therapeutics has introduced medical ultrasound products to the animal market, specialising in helping horses and smaller pets speed recovery from bone and soft tissue injuries.

The firm said its flagship product Sonivet, a device that delivers lowintensity ultrasound signal, has been proven to accelerate the healing of orthopaedic injuries, allowing animals to return to mobility more quickly.

The Newcastle-based company has now secured PS265,000 from the Finance for Business North East Accelerator Fund, managed by Northstar Ventures, London-based Addidi Angels and private investors, to help grow the business and realise the full potential of Sonivet, in a deal overseen by Newcastle-based law firm Sintons and RMT Accountants and Business Advisors in Newcastle.

The next step in the expansion plans will see Sonivet's launch on to the equine market at the British Equine Veterinary Association (BEVA) congress in September, with Curar initially targeting the small animal and equine market in the UK, with wider international growth planned for the years ahead.

It is the first product to be brought to market by Curar, which was launched as a business in 2010 after being developed at Newcastle Science City.

Now based at the Toffee Factory in Ouseburn, Newcastle, the product has been developed in collaboration with veterinary surgeons to ensure it can cope with the most physically challenging environments, including outdoor use for horses.

The device - which was designed by Peter Masters and Dan Martin from Ouseburn-based Octo Design - is non-invasive and pain-free and has been proven to help with rehabilitation through being applied to the injury for 20 minutes each day for between 10 and 28 days. …

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