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Caldicot-based Microsemi Corporation has secured £320,000 in EU funding towards its £2.5m Medilight project. Welsh Government finance minister Jane Hutt said that the company had successfully bid for the investment from Horizon 2020, an EU research and innovation programme.

The company makes semiconductors for the communications, defence and security, aerospace and industrial sectors.

The Medilight project is a medical device for professional wound care to enhance the healing process and monitor wounds during therapy. For more infromation visit the Mediwales website.

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