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National U of Singapore launches HealthTEC university-industry consortium


By David Schwartz
Published: July 9th, 2019

A new university-industry consortium led by the Institute for Health Innovation and Technology (iHealthtech) at National University of Singapore (NUS) has been launched with a goal of stimulating new personalized healthcare technologies.

The Health Technologies Consortium (HealthTEC) has secured initial funding of $1.5 million over three years from Singapore’s National Research Foundation.

Collaborations between researchers and companies is planned as a way to boost tech development in areas including bioelectronics, biomimetic materials, robotics and smart sensors, as well as big data.

Researchers working with HealthTEC will have the opportunity to learn the pain points of product development from their industry counterparts and work closely with the involved companies to solve them. The companies, meanwhile, get a potential market edge from applying the latest innovations and technologies to improve existing products and services as well as develop new products and services, according to NUS.

Professor Lim Chwee Teck, director of iHealthtech and HealthTEC, said the ultimate aim is to capture value through the faster translation of research into benefits to patients and society, as well as the economy.

Commenting on the new consortium, NUS Deputy President for Research and Technology Chen Tsuhan, who is also serving as Chairman of HealthTEC’s Steering Committee, said the university’s “strong research capabilities in health innovation are well aligned with Singapore’s integrated healthcare clusters, offering exciting opportunities for prototyping and test-bedding of new health technologies.”

The consortium will also organise regular networking sessions, workshops, roundtable discussions and scientific symposiums to strengthen the connection between industry and academia, he added.

Source: International Business Times

Posted under: University-Industry Engagement Week

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