Hygea VCT Investor
Hygea VCT is an investment company providing investors access to a diversified portfolio of emerging and established MedTech companies. Hygea vct was launched in 2001 as BioScience VCT to invest in bioscience companies, with a particular focus on investing in treatment development companies, based on having Medical Marketing International Group plc (MMI) as the Technology Adviser. After the launch, the financing climate in the UK for treatment development companies became much more hostile. Because of this and the limited size of the fund, the board considered that the emphasis should be on medical technology companies (eg devices, drug delivery systems, diagnostics etc) requiring much less capital than treatment development companies and with the potential to become profitable much more quickly than treatment development companies.