Newcastle University Rewards Contributions to Health Technologies

Announcement

A known university department, ambitious to ‘scan the horizon’ for innovative health technology rewarded £22m to bolster the robust technologies in the healthcare sector. Newcastle University’s NIHR innovation observatory put efforts towards research by focusing on evolving digital technology and medical devices for the transformation into the healthcare sector. The university’s work to date consists of artificial intelligence (AI), contributing to the creation of consistent genomic testing and dealing with anti-microbial resistance, which emphasizes the quick and more accurate diagnosis of illness previously registered by chroniclelive.

The new funding will support the innovation observatory to work with organizations from government departments for small businesses, and charities to benefit from new technology. The ‘horizon scanning’ thought is to discover the breakthrough research and early signs of technology, tools, and also to work diligently to provide life-changing and saving ideas that need to be fostered soon. The £22m for a long five-year period will stand on the years of previously raised funding, the university states, and help the innovation observatory to extend the work.

The funding from the National Institute for Health and Care Research (NIHR) will monitor the unit's work properly with companies throughout the life sciences, involving the Department for Science, Innovation and Technology and the Department of Health (DSIT) and social care (DHSC). The motive is to provide prior insights into the evolving areas and offer decision makers throughout the health and care system to take action early and explore an approach that identifies the best alignment of planning, regulation, and investment to further contribute to the latest innovations.

The new funding will support fueling the potential for extending international collaboration and horizon scanning. The university also stated that the efforts will contribute largely to the charities and businesses by serving ‘timely access’ to the data regarding advancement and innovation in the UK. After which, it will smooth the path to the market and increase patient impact. The ongoing initiatives are based on the usage of 3D printing for organ regeneration and wearable devices, steps to monitor a patient’s health, and help their rehabilitation.

Views and Statements from the Company Leaders

Director of the NIHR innovation observatory, Professor Dawn Craig, said, “We are proud of this achievement in this competitive funding award. The award will advance our ability to transform data into rapid, active insights, accelerating brilliant decisions, in-depth partnerships with national and industry partners, and promote quick innovation on adoption.”