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

 

Insurance: EQC To Double Payout, Scrap Contents Insurance

New Zealand’s Earthquake Commission may double its payout amount, scrap contents insurance and process claims through private insurers under the government’s long-running review of funding and management of the state-run earthquake insurer. More>>

ALSO:

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news