TOUCH BION­ICS LANDS £ 2.5M EX­PAN­SION POT

The Herald Business - - Themonthinheadlines -

Dec 23 Touch

Bion­ics, the Scot­tish maker of bionic hands, has se­cured a £ 2.5m fund­ing pack­age from Cly­des­dale Bank to help it ex­pand over­seas. The bank will pro­vide Liv­ingston-based Touch Bion­ics with a range of bank­ing fa­cil­i­ties, in­clud­ing work­ing cap­i­tal and a term loan. Touch Bion­ics’s pros­thetic prod­ucts in­clude ProDig­its bionic fin­gers, Liv­ingskin, a sil­i­cone prod­uct that re­sem­bles nat­u­ral skin, and the i-limb hand, a pros­thetic limb in­tended to look and act like a real hand. Touch Bion­ics was spun out from NHS Scot­land in 2003 and its com­mer­cial arm, Scot­tish Health In­no­va­tions, still has a sig­nif­i­cant share­hold­ing.

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