Jul 26, 2018 | By Thomas
London-headquartered Evo, a surgical and high-precision engineering company that provides bespoke one-day full jaw dental implant treatment has received a GBP4 million investment from BGF, the UK's most active investor in growing businesses.
Evo provides treatment for patients suffering from severe dental problems caused by advanced gum disease, congenital bone loss or accidents, and who require a full jaw reconstruction. The business has centres in Heathrow and Liverpool, and has completed more than 3,000 full-arch reconstructions for patients.
“Evo is taking what’s possible in dentistry today far beyond the limits of what has previously been available," said Evo’s founder and CEO Dr R P Vijayanarayanan BDS (Vijay). "We’ve combined state-of-the-art engineering, innovation and first-class patient care to deliver a solution for the chronic types of tooth problems that inflict millions of people across the UK."
Evo founder Dr R.P. Vijayanarayanan BDS (‘Vijay’)
Evo's process features digital scanning, prosthesis manufacturing, 3D printing, and high-precision milling machines with an accuracy of below ten microns, which is on par with aerospace engineering.
The company is able to treat 99% of people who receive a full clinical assessment, including those why may have previously been told that their only option is dentures.
The Adult Dental Health survey and ONS data suggest that more than five million people in UK could benefit clinically from this treatment.
BGF’s funding will be used to expand capacity at Evo’s current facilities, rollout new clinics in the UK and explore franchise opportunities internationally.
“We chose to partner with BGF because of their culture and approach," said Dr Vijay. "We have very ambitious expansion plans and wanted to work with someone who will support us longer-term, and also introduce us to people outside of our immediate space that can help us grow as a business.”
BGF has invested close to GBP100m into healthcare and medical technology companies across the UK and has also backed online platforms for sourcing healthcare professionals Latum and Caresourcer, and personal data analytics company MyLife Digital.
Alistair Brew, BGF, says: “Evo has built a reputation for clinical excellence and is at the forefront of a nascent, but potentially very large market.”
Posted in 3D Printing Application
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