“Clinical” companies on the increase

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A new wave of “clinical” start-ups saw a record high in February 2012, according to the official Company Register analysed by Duport Associates Ltd.

many businesses are hoping to get more involved in providing healthcare services to the public and to the NHS

Duport Associates have discovered that 25 new companies were formed in February 2012 with the word “clinical” as part of their company name, up from a previous high of 21 in March 2003.

This new rise coincided with the controversial Health and Social Care Bill making its way through parliament, as many companies and organisation see new opportunities in the health industry.

“The new interest in “clinical” companies just goes to show that many businesses are hoping to get more involved in providing healthcare services to the public and to the NHS,” said Peter Valaitis, Managing Director of Duport Associates.

But the rise of so many new “clinical” company formations could also be part of a new emphasis on science and scientific research used by a wide range of industries including fitness, beauty and food.

“The word 'clinical' automatically makes you think of cleanness, scientific excellence and cold hard facts, so it’s a great term to use if you want that to be people’s first impression of your business or your products,” Peter added.

As well as healthcare organisations, companies such as cleaners and caterers can also benefit from being thought of as “clinical”, as the emphasis on this medical term can help build an expectation of a more thorough service. This can also be a huge boon if your company hopes to get contracts with the NHS, schools or medical units.

With the Health and Social Care Bill now approved, there may be more companies seeking to be thought of as “clinical” and suitable to work alongside the NHS, and it is possible that this record high becomes a sustained increase over the next few months.

Duport Associates Ltd is a leading UK company formation agent, operating in the UK for around 15 years. Duport registers around 10,000 new companies each year using its Companies House approved software. The Company Register which is maintained by Companies House contains public information about Limited companies and directors.

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