Image shows opening of Diagnexia offices in Exeter. Supplied by Program Agency.
Image shows opening of Diagnexia offices in Exeter. Supplied by Program Agency.

Exeter company receives funding boost

2 min


Cash injection improves access to specialist pathology services.

Investment totalling tens of thousands of pounds is being used to help medical teams around the world. Exeter based Diagnexia has received almost £50,000 funding through the Heart of the South West Local Enterprise Partnership (LEP).

The money will go towards a new digital pathology scanner which will help healthcare organisations connect with specialists around the world.

Diagnexia provides a cutting-edge pathology diagnostics platform which helps hospitals and laboratories refer medical samples to an international network of specialist clinicians.

The company’s work helps reduce their diagnostic turnaround times and pathology backlogs.

The team recently expanded its headquarters at Exeter Science Park which resulted in the creation of 30 jobs.

There has been a 450% growth in demand since December 2022. A medium sized hospital submits around 500 cases per month.

To ensure Diagnexia can meet demand and help more hospitals access their streamlined, digital service, the Heart of the South West LEP has awarded the company £49,780 through the European Regional Development Fund (ERDF).

The funding will be used for an additional scanner at their Exeter site, allowing them to offer a shorter turnaround time for diagnosis and consultations. The new scanner will also create five new jobs for lab technicians at Exeter Science Park.

Exeter Science Park

‘By connecting healthcare organisations to their global network of specialists, Diagnexia is revolutionising the way medical samples are referred, ensuring the highest quality of care for patients,’ explains Karl Tucker, Chair of the Heart of the South West LEP.

‘We are proud to support Diagnexia’s growth and contribute to their mission of improving the UK’s healthcare services.’

‘We are grateful to the heart of the South West LEP for their generous grant,’ says Professor Runjan Chetty, Chief Medical Officer at Diagnexia.

‘It reaffirms Diagnexia’s commitment to resources at Exeter Science Park which enables a national and indeed, international strategy to assist with high quality and expeditious pathology reporting which ultimately enhances patient care.’

‘The new scanner will see growth and increased throughput at our facility located in Exeter Science Park.’

‘We were pleased to be able to introduce Diagnexia to the Heart of the South West LEP team with a view to supporting their growth plans,’ says Sally Basker, CEO of Exeter Science Park.

‘The new equipment and additional jobs created will help them to benefit from further market opportunities.’

‘We will support them as they continue to grow, and invest in their capability at Exeter Science Park where our medical and healthcare businesses are thriving.’

Image shows Diagnexia office opening in Exeter. Photograph kindly supplied by Program Agency.

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