UK-based early stage investor Mercia Fund Management has named Peter Dines has investment director for its life sciences wing.

Dines, who brings with him two decades of healthcare sector experience which include founding and running life sciences businesses, will work alongside three other investment directors at the firm and will focus on medtech, contract services, and diagnostics as part of his life sciences remit.

Dines former companies include obstetrics equipment firm Surgicraft, which saw sales quadruple during his tenure and…