Merck Sharp and Dohme and Wayra UK to offer support for digital start-ups

Merck Sharp and Dohme will once again be offering support to digital healthcare start-ups through a partnership with Wayra UK.

The pharmaceutical company is allying with the Wayra UK accelerator organisation to launch the third annual Velocity Health scheme, which aims to accelerate start-ups creating technology to address healthcare challenges facing the NHS.

This year, the partners are specifically looking for up-and-coming businesses creating digital innovations to support disease and illness prevention, with a particular focus on start-ups utilising artificial intelligence and machine learning.

Two start-ups will be chosen to take up a ten-month accelerator programme, giving them access to funding of 68,000 pounds each, as well as a network of mentors, coaches and investors who will nurture their entrepreneurial talent and technological expertise.

Dr Junaid Bajwa, director of healthcare services at Merck Sharp and Dohme, said: "The NHS has made digital excellence the cornerstone of its future model and we must embrace this if we are to have a healthcare system fit for the 21st century."

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