British investment firm Consensus Business Group (CBG), owned by entrepreneur Vincent Tchenguiz, is joining the Israeli-based medical business MEDX Xelerator as a partner, MEDX has announced. Tchenguiz said of the partnership: “The global pandemic has sharpened the need to develop advanced medical technologies with emphasis on preference for remote care, minimal contact care or home hospitalisation.
Identifying opportunities for development of innovative solutions will help improve patients’ health, while addressing other needs of the healthcare system. Joining MEDX will add an important tier to CBG’s portfolio.” CBG will join MEDX’s current investors Boston Scientific, MEDX Ventures Group, Intellectual Ventures and Sheba Medical Center at Tel Hashomer: “Adding CBG as a partner is a major step for us and provides an opportunity for new collaborations and expanding our global network,” said MEDX CEO Shai Policker.