Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Global partnership for MBIE funded research

Global partnership for MBIE funded research

A Government-funded research project has signed a partnership agreement with GE Healthcare, the world’s largest medical technology company, to work together on a ground-breaking medical imaging product.

MARS spectral imaging is a revolutionary x-ray technology project developed as a collaborative effort, led by the Universities of Canterbury and Otago based in Christchurch.

The Ministry of Business, Innovation and Employment (MBIE) has invested $4 million over 6.5 years in the project through its High Value Manufacturing Services Research Fund.

The MARS colour scanner, developed as part of the project, can provide images of bone, soft tissue, calcifications and injected contrast agents with much more detail than traditional computer tomography and MRI scans. The capability of this scanner will result in early detection, diagnosis and treatment of major diseases such as cancer and heart diseases.

Ministry Science Investments, Manufacturing and Resources Acting Manager Bas Walker says the potential economic benefit to New Zealand is substantial as this is a high-value product, and currently there are no spectral CT scanners commercially available.

“As well as contributing to health improvement, the MARS technology will help raise the global competitiveness of New Zealand’s high technology manufacturing sector in the area of medical imaging,” he says.

The partnership with GE Healthcare, which specialises in transformational medical technologies and services worldwide, opens additional pathways for sharing knowledge and will allow New Zealand to showcase its high-tech manufacturing capabilities on a global scale.

“The MARS project is a great example of how government investment in purpose-driven research can lead to economic benefits and opportunities for New Zealand,” Dr Walker says.

[ENDS]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news