A MEDICAL equipment maker pioneering a new way of healing fractures and broken bones has secured funding with assistance from law firm Ward Hadaway.

Cambfix specialises in medical devices for use in orthopaedic and trauma surgery, and has developed patented technology that heals fractures without complications such as infections, stiffness and inability to move.

It has now secured £130,000 from the North-East Equity Matching Fund and the University of Cambridge to help commercialise its technology.

Law firm Ward Hadaway, which has offices in Newcastle and Leeds, advised Cambfix on the funding round.

Damien Charlton, partner in the commercial department at Ward Hadaway, led the company’s team on the deal.

“Cambfix has developed real cutting-edge technology to address a problem found around the world,” he said.

Cambfix is run by Dr Ali Bajwa, an orthopaedic surgeon who works in the North- East, and by a former banker, Linda Pomeroy.

Ms Pomeroy said: “This technology has the potential to be used in hospitals and trauma centres across the world, not only saving the healthcare sector valuable funds, but also improving the comfort and recovery of thousands of patients.

“This latest investment will enable us to take the next steps forward so we are grateful to Ward Hadaway for their hard work in helping to secure the funding.”