Below you can find all the winners from the 2022 Excellence Awards which celebrate the greatest achievements and innovations in the industry. The programme provides a platform to recognise the people and companies that are driving change.

Our programme is designed to highlight excellence within the sector by looking at a range of corporate activities including deals, business projects and company initiatives, both internal and in the community.

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You can also download our full Awards & Rankings Report which includes all of this year’s rankings, as well as the awards winners, shortlists and company profiles.

Business Expansion

Business Expansion is one of our largest categories and looks at the core functions of business operations within the sector.

This consists of any projects that have expanded the company’s footprint in the sector, including: contract wins; launching in new territories; launching new product lines; the acquisition and expansion of facilities and real estate; acquisition of new machinery or other assets; improved logistics; partnerships; and significant staff increases.

Microsoft is the winner in our Business Expansion category as it used its AI expertise to enter into the digitally assisted solutions surgery market with the help of medical devices multinational Johnson & Johnson.

Under the terms of the deal with JJMDC, Microsoft will serve as Cloud services provider for all solutions in JJMDC’s digital surgery portfolio. Microsoft services extended to JJMC include Azure, Dynamics 365 and Microsoft 365, as well as general AI and machine learning services.


  • Evonik
  • Johnson & Johnson
  • Microsoft
  • NHS
  • PEEK


Diversity is a subject that should be at the forefront of every modern company’s recruitment strategy and should not be considered as simply an exercise in virtue signalling. The more diverse a workforce, the more representative it is of wider society, which brings clear benefits to any corporation attempting to gain greater insight into the views of its customer base. In addition, more diverse companies have greater appeal to candidates in the jobs market, increasing a company’s chances of hiring the best talent.

In this category we consider any internal company project to improve diversity in the workforce, this can include changes to hiring policies; graduate and apprenticeship schemes; work groups and societies; and subconscious bias training. In addition we look at external company policies and practices aimed at making their products and services more accessible and inclusive.

Emergent Holdings is the winner of our Diversity category after it implemented a comprehensive early career development program and invested in developing a strong pipeline of STEM talent through partnering with organisations such as Girls Who Code and Black Girls Code.


  • Emergent Holdings
  • Fitbit
  • Folx Health
  • NHS AI Lab
  • Truveta
  • Wellframe


The Environmental category aims to highlight companies that are undertaking projects that reduce their impact on the natural environment or contribute to its general health. With the effects of climate change becoming ever more obvious, corporations have a responsibility to update and change their practices to prevent further damage being caused.

This category includes any projects that have led or will lead to a significant reduction in a company’s environmental impact and carbon footprint. This can include changes to materials and manufacturing, supply chain reviews; reduction in energy use or switches to renewables; recycling initiatives; and carbon offsetting. The category also includes projects that contribute to the environment such as tree planting schemes and river cleaning.

PlanetWatch is the winner in our Environmental category as they put a focus on decentralising environmental monitoring by leveraging reliable yet affordable sensors writing data on the Algorand blockchain. The technology focuses on monitoring air quality in particular.

The company’s efforts are especially notable in light of the increased awareness of air quality brought up by the COVID pandemic.


  • American Telemedicine Association
  • Boston Scientific
  • EcoVadis
  • Freudenberg Medical
  • PlanetWatch
  • Qosina
  • Sterigenics
  • Surgical Holdings


Financing recognises companies and institutions that have raised significant capital during the research period whether it be through corporate finance, the capital markets or fund raising.

This includes any significant raising of finance by a company within the sector, this can include corporate lending, funding rounds and equity and debt capital markets issues including share offers and bond issues. We will be specifically looking at high value deals; novel structures; and companies using (for them) new forms of financing such as high-yield bonds.

InterVenn is the winner of the Financing award category after it raised significant financing to grow the network of partners on its AI-powered glycoproteomics platform. The funds will also be used in the development and bringing to market of the company’s liquid biopsy assay, Dawn.


  • BillionToOne
  • Boston University
  • Diadem
  • Epitel
  • Harvard University
  • HeartFlow
  • Ibex
  • Imperative Care
  • InterVenn
  • Owlstone
  • Sherlock Biosciences


Innovation is the category with one of the widest scopes within the Excellence Rankings as it looks at novel new approaches in every area, from the fruits of research and development to novel new business practices. What all the ranked entities have in common is the demonstration of new concepts not just within their own business but in the sector as a whole.

The category includes any projects that demonstrate an innovative approach to the market. The category crosses over with many of our other categories and can include new products, novel product features, new business practices, new marketing and sales strategies and more.

NUHS Singapore is the winner in our Innovation category after it created a new heart valve bioprosthesis mimicking the human mitral valve. The implant is made out of suitably flexible materials and features a special ring which helps the heart perform its normal contraction and dilation. Another feature which sets this product apart from similar devices is its customizability.


  • BioInteractions
  • Loughborough University
  • Newcastle University
  • NUHS Singapore
  • University of Washington
  • University of Wisconsin-Madison


The Investments category looks at any significant financial investments into a company or its assets, specifically those investments that facilitate expansion of a company’s operations. This can be an investment by the company itself into its operations or by an outside investor be that another company, financial institution, private equity or venture capital firm.

Exscientia is the winner in our Investments category as the company invested $1.5m in the development of AI-designed COVID-19 drugs. Exscientia secured the money from the Bill & Melinda Gates Foundation and Gates Philanthropy Partners. The additional funds have allowed the biotech company to make better use of its AI drug design platform for therapeutic development.


  • Defiance ETFs
  • Eurofins
  • Exscientia
  • NHS


This category includes organisations that have expanded their business operations by entering into significant mergers and acquisitions deals within the sector.

The category specifically looks at the acquisitions of whole businesses or stakes rather than asset transactions and deals must have been closed during the research period.

Oracle is the winner of our M&A award due to the American multinational’s acquisition of a majority of Cerner’s outstanding shares at a price of $95.00 per share or a total of $28.3 billion. Oracle is planning to use Cerner’s expertise in the health technology sector to develop solutions that lower costs and the administrative workload at hospitals while also maintaining a high standard of patient privacy.


  • Amazon
  • Boston Scientific
  • Bristol-Myers Squibb
  • Coloplast
  • Grifols
  • GSK
  • Medtronic
  • Novartis
  • Oracle
  • Owens & Minor
  • Perrigo
  • Quidel
  • Stryker
  • UCB

Product Launches

The Product Launches category recognises companies that have launched notable new products or services into the market. This can include physical products, software as well as the launch of services and concepts.

We are specifically looking at novelty, including companies launching products into new areas or innovation in the product’s design, manufacture or marketing.

NuVasive is the winners in our Product Launches category due to its significant contribution to medical 3D-printing. The medical devices company has launched a 3D-printed porous titanium implant for spine surgery which is available in different sizes and lordotic options. The device has a zero-step locking mechanism which makes it easier for surgeons performing the procedure to place screws in the implant.


  • Advantech
  • AliveCor
  • Cathalyst OrthoScience
  • EpiGuard
  • NuVasive
  • Ophthalmic Sciences
  • Opteev Technologies
  • Roche
  • Wave Neuroscience

Research and Development

This category includes organisations that have demonstrated a commitment to the research and development of new products and/or new processes. This can include discovering or creating a unique material, transferring a research or technology development to practice, improving the performance of an existing product or creating a new simulation or design tools.

The category also includes companies that have made significant investments into their R&D processes.

Samsung is the winner in our Research and Development category after it developed a stretchable electronic skin, which can simultaneously measure and display a wearer’s heart rate in real-time. The device consists of an OLED display and a photoplethysmography sensor which monitors the wearer’s heartbeat.


  • Anzu
  • AstraZeneca
  • Biobot
  • Bioventus
  • CareNow
  • Cleveland Clinic
  • Healix
  • Medtronic
  • NuTec
  • Philips
  • physIQ
  • Quibim
  • Samsung
  • Stryker
  • Tommy’s
  • WuXi ATU


The Safety category includes companies and institutions that have demonstrated best practice in health and safety including compliance to standards and any initiatives taken to improve workplace safety through the introduction of new guidelines, policies or equipment.

It also includes projects and initiatives by companies to improve health and safety in other public environments other than their own workspaces.

Nanoclean is the winner in our Safety category after the company launched the world’s smallest wearable air purifier. The device is a nasal filter which stops pollutants, allergens, bacteria, and viruses from entering the nasal cavity. Naso95, as the product is called, uses Nanofiber technology and is BFE (Bacterial Filtration Efficiency) tested.


  • AirClenz Systems
  • Becton, Dickinson and Company
  • BioInteractions
  • Integrated Viral Protection
  • Nanoclean
  • Virti
  • Walgreens


The Social category includes companies and institutions that have undertaken projects that have had a tangible positive impact on the communities where they operate. This can include anything from charity initiatives; sponsorship; community outreach; local business support and education initiatives.

The Soros Economic Development Fund is the winner of our Social category award after the philanthropic consortium acquired diagnostics maker Mologic with the aim of making COVID-19 diagnostics readily available. The charitable entity also launched a social enterprise named Global Access Health to make medical technology more accessible to the global south.


  • Amazon Web Services
  • Quidel
  • Recbio
  • Soros Economic Development Fund