Spacelabs Healthcare, the healthcare division of OSI Systems solely dedicated to developing patient monitoring and diagnostic cardiology technologies, has announced a significant investment in its Edinburgh R&D operation.
The investment will support the development of next-generation patient monitoring technologies and the creation of 30 new highly skilled roles.
The £8.7 million investment is supported by a £3.1 million grant from Scottish Enterprise. The project will create 30 new R&D roles, taking the company’s Scottish R&D team from 22 to 52 people.
The new positions will be focused primarily on software engineering and cybersecurity, strengthening Edinburgh’s role in Spacelabs’ global research and development activity.
The investment will support the development of a next-generation patient monitoring ecosystem designed to connect care across critical care, operating theatres, general wards and hospital-at-home settings.
Ajay Mehra, CEO, OSI Systems, said: “Edinburgh has been an important part of Spacelabs’ story for almost four decades, and this investment marks an exciting new chapter for our business in Scotland.
“Edinburgh is a great place to invest to advance our patient monitoring and diagnostic cardiology technologies. The depth of software engineering, cybersecurity and technology talent available here, alongside the strength of the university pipeline, made the decision to expand in Edinburgh a natural one.
“The Spacelabs team is committed to solving the problems healthcare providers face in delivering exceptional care to their patients. Technology should support clinicians, not complicate their work. We are delighted to be able to grow that work from Edinburgh and create more opportunities for highly skilled people in Scotland.”
The decision to invest in Edinburgh has also been supported by the company’s strong relationships with Scotland’s universities. Spacelabs works with Edinburgh Napier University on graduate placements and cybersecurity, while it is also developing closer links with the University of Edinburgh, including an upcoming engagement with students around opportunities for the next summer intake.
Scottish Enterprise Chief Executive Adrian Gillespie said: “Scotland has world-class strengths in innovation, R&D and digital technology, underpinned by a highly skilled talent base and leading universities. Spacelabs Healthcare’s decision to expand its Edinburgh operation demonstrates how those strengths are helping ambitious international companies invest, innovate and grow in Scotland.
“This project is a great example of how Scottish Enterprise can back company ambitions to innovate, create high-value jobs and strengthen their global competitiveness. It will also contribute to Scotland’s strong track record of developing innovative healthcare technologies with the potential to make an impact around the world.”