Welsh economy secretary Jeremy Miles has announced £900,000 funding for five projects which promise to deliver real-life medical benefits through cutting edge life sciences technology.

The funding programme, SMART FIS, is a new approach to research and development - it is not restricted to businesses and research organisations and is open to any organisation wishing to engage in research, development and innovation, including the third sector, local authorities and health boards.

Zoobiotic Limited, based in Bridgend, are developing products from larval secretions which speed the removal of dead or infected skin tissue to help a wound heal.

At the same time, Corryn Biotechnologies from Swansea are developing a handheld medical device which can deposit a layer of microscopic polymer fibres over a wound, creating a dressing using “electrospinning” technology.  

Arcitebio Ltd in Aberystwyth has developed a low-cost diabetic-friendly and tooth-friendly natural sweetener using a biotechnological solution to produce xylitol from biomass.

In Cardiff, Immunoserv are working on T-Cell tests, which are used in diagnostics and precision medicine.

Copner Biotech in Ebbw Vale are investigating using bioprinting technology to produce organ replacements. 

Cabinet secretary for economy, energy and Welsh language, Jeremy Miles, said: "We launched our Flexible Innovation Support (FIS) programme last summer to help Welsh businesses and organisations improve people’s everyday lives by driving cutting-edge research and innovation.

"We want to build a stronger and fairer nation with an economy based on fair work, sustainability and sectors of the future – this support programme provides a strong footing for this ambition.

"As can be seen with these inspiring projects, Welsh companies are developing world-changing ideas which could ultimately save people’s lives. Any kind of organisation is welcome to apply for this support – please do see if yours could benefit too."