Agency for Science, Technology and Research (A*STAR) has signed a five-year collaboration with GE Healthcare to work on the generation of medical technologies. They are looking forward to improve outcomes of healthcare through next generation innovations in three areas: patient monitoring, Computed Tomography (CT) and Magnetic Resonance Imaging (MRI). Dr Raj. Thampuran, Managing Director of A*STAR said, “This collaboration is testament to our expanding partnership with GE. It also signifies Singapore’s attractiveness for MedTech companies as this sector is growing briskly. From 2009 to 2013, manufacturing output of the MedTech sector grew from S$3.3 billion to S$5.1 billion. Over the same period, the sector’s manpower base grew from 8,400 to 10,400. A*STAR will continue to support this high growth sector through public-private sector partnership in R&D and innovation driven efforts.”
“As the healthcare environment changes globally, investment in developing medical innovations which are clinically and economically relevant is critical to meeting the world’s key healthcare challenges,” said Michael Barber, Vice President & Chief Engineer for GE Healthcare. “We are thrilled to collaborate with A*STAR, one of the world’s finest research organizations, combining the engineering strength of both of our teams, to build the future of healthcare together.”
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