A PETERSFIELD business is one of four finalists in a nationwide competition.

Morgan Innovation and Technology based in Bedford Road was founded by Sue Clarke, 68, and her engineer husband Howard, 75, in 1987, to create and manufacture products for the medical industry.

Mr Clarke’s first invention, and the company’s flagship product, the Neurotherm Lesion Generator, which provides instant pain relief, is now used by hospitals around the world.

currently working on seven different products with outside inventors.

The £4.5m-turnover company has more than doubled in size in the past 12 months, and is currently working on seven different products with outside inventors.

Morgan Innovation and Technology is one of four family firms competing for the Telegraph’s Festival of Business award. The other finalists are Beechdean Icecream, the sausage maker Heck Food and the stonemasons J Rotherham.