TOUCH BIONICS LANDS £ 2.5M EXPANSION POT
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.