News

ECHAlliance Member Aquaflush Medical is pleased to announce it has been acquired by the Renew Group

ECHAlliance Member Aquaflush Medical is pleased to announce it has been acquired by the Renew Group
Member News

Renew Medical Pty Ltd, an innovative, rapidly growing healthcare company, has completed the acquisition of Aquaflush Medical Limited as part of its long term strategic goal of becoming a global leader in bowel management.

In recent years, Renew has supported a growing number of users (patients) with its ground breaking Renew Insert. In the UK, the company has seen significant uptake and support from clinicians in the treatment for accidental bowel leakage. With the financial backing of Sydney based venture capitalist M.H Carnegie and Co., the strategy has always been to develop a cohesive product and service offer, that would allow the company to broaden its reach.

“Today is the start of a hugely exciting period for the Renew Group,” said Jason Tate, GM for Renew Medical UK. “Since its inception, Renew has held the Aquaflush offer in very high regard. The innovative bowel irrigation range and stoma stoppers have a particularly good fit with our own products, but more importantly they fundamentally support how we believe a device business should support patients and the NHS in the UK. We believe medical innovation can be simple and cost efficient, whilst actively supporting high quality clinical outcomes within our NHS. We are delighted to welcome Aquaflush to the Renew business”.

The acquisition is the beginning of a programme of expansion for Renew. The next 12 months will see the launch of a new clinical advisory team, care programme and product development and innovation strategy.

About M.H. Carnegie & Company
M.H. Carnegie & Co. is a leading Australian venture capitalist, private equity and alternative asset manager with over AU$900M under management. M.H Carnegie’s investment focus is on high value medical device technologies, with particular emphasis on opportunities that leverage the best innovations, development pathways, management teams and financing strategies. www.mhcarnegie.com
For more information on Renew, please visit:
www.renew-medical.uk and www.aquaflushmedical.com


Renew Offices – London

NEWS​

Related News

A Shift to Value-Based Procurement in Digital Health Solutions

16 May 2024
The shift towards value-based procurement in healthcare, focusing on long-term effectiveness and patient outcomes, rather than initial costs. The Dire...

Launching Moxiam+: the digital companion for an active and independent senior lifestyle

16 May 2024
Embark on a journey with Sweden-based Moxiam, the vanguard of digital health innovation dedicated to enriching the lives of seniors. Moxiam leverages ...

Romania – Transylvania Digital Health Ecosystem by FreshBlood is ECHAlliance Ecosystem of the Month – May

15 May 2024
This month we are featuring our Transylvania Digital Health Ecosystem by FreshBlood from Romania as our Ecosystem of the Month.

Revolutionising healthcare: how digitisation will transform care in the next 5 years

14 May 2024
On November 5-6, at the 6th Digital Health Society Summit, we'll explore how digitalisation is set to revolutionise healthcare in the next 5 years.

Dermatology from a broader view: mind-body connection

14 May 2024
Mind-body connection is a term that describes a connection between the mental layer and the body and in the case of a skin disease, the skin. Mind-bod...

CARE4DIABETES (C4D): Reducing the burden of non-communicable diseases

14 May 2024
Non-communicable diseases (NCDs) are responsible for 80% of the disease burden in the EU countries and the leading causes of avoidable premature death...

Become a member

Join ECHAlliance to amplify your organisation’s message, grow your networks, connect with innovators and collaborate globally.
 
First name *
Last Name *
Email Address *
Country *
Position *
First name *
Last Name *
Email Address *
Country *
Position *