July 20, 2024

Health Mettler Institute

Healthy LifeStyle & Education

Singapore to test bed new health technologies with $1.7M funding

Singapore to test bed new health technologies with .7M funding

New healthcare technologies are set to be tested in partnership with the public health care clusters in Singapore for opportunity long term adoption and massive-scale implementation. 

A overall of SG$2.4 million ($1.7 million) in funding has been awarded to 6 around-sector-completely ready remedies in the latest Health care InnoMatch 2022 organised by the Centre for Health care Innovation and supported by the Ministry of Wellbeing and Temasek Basis. 

Released previous 12 months, Health care InnoMatch is an once-a-year problem accumulating technologies proposals from startups and modest and medium enterprises for fixing the urgent healthcare problems and transforming the future of healthcare. For the 1st time in its 2nd year, the celebration noticed all 3 general public healthcare clusters in Singapore – Countrywide Healthcare Team (NHG), National College Wellness Method (NUHS) and Singapore Wellbeing Solutions (SingHealth) – do the job collectively to assess the feasibility of proposed assignments. 

WHAT It is really ABOUT

The subsequent six assignments bested additional than 250 apps close to the environment:

  • PreSAGE by CoNEX Healthcare (partnered with NHG) – AI-driven impression-centered solution for predicting and blocking falls in hospitals, nursing properties and residential homes.
  • FxMammo by FathomX (partnered with NUHS) – AI help instrument for analysing mammograms in the early detection of breast most cancers.
  • KIMIA Restoration Administration Procedure by Kinexcs (partnered with SingHealth) – write-up-surgical recovery management resolution for distant checking of a patient’s joint condition. It will come with a intelligent wearable sensor machine and an AI digital therapist that guides customers in training and detects difficulties post-medical procedures. 
  • NuCalm (partnered with SingHealth) – neuroscience-based know-how that is clinically verified to lessen stress and boost slumber good quality.
  • QTX Magnetic Mitohormesis by QuantumTX (partnered with NUHS) – muscle mass-mitochondria activating technologies that offers supplementary muscle mass activation to boost write-up-stroke restoration and purposeful independence.
  • Us2.AI (partnered with NHG and SingHealth) – automatic cardiac ultrasound program for the analysis of heart failure. 

WHY IT Matters

The 6 winners have been paired with at the very least just one community healthcare cluster wherever they can further customise their choices and acquire feedback from suppliers and clients. The partnership is made to speed up the improvement of their in close proximity to market place-prepared technologies and prepare them for huge-scale implementation and commercialisation in Singapore and further than.

THE Much larger Trend

Nanyang Technological University Singapore, Agency for Science, Technology and Research, and NHG not long ago released a different initiative to guidance biomedical engineering innovation. The organisations launched the SG$15 million ($10.7 million) incubator referred to as co11ab in Wellness Metropolis Novena at NTU Singapore’s Lee Kong Chian College of Drugs. Focused to be thoroughly operational in the 1st quarter of 2023, co11ab will give startups with access to market expertise, mentorship, and funding assist to create their suggestions and principles into solutions.