GE healthcare grants Rs 75 lakh to HTIC

GE Healthcare and Healthcare Technology Innovation Centre (HTIC), a multi-disciplinary R&D center of IIT Madras announced a three-year collaborative R&D agreement for innovating a range of disruptive and affordable healthcare solutions.

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(Photocourtesy of www.techhive.com)

GE will provide a grant of Rs 75 lakh to HTIC towards R&D of these disruptive solutions that can benefit all emerging markets.

Commenting on the partnership, Ms Terri Bresenham, president & CEO, GE Healthcare, South Asia, said, "We at GE Healthcare are at work for a healthier India through development of innovative and affordable technology solutions. Accelerating innovation for affordable healthcare requires an ecosystem of partners and collaborative efforts by all stakeholders."

The collaboration will encourage open innovation and leverage co-creation of solutions with the involvement of multiple stakeholders such as academia, start-ups, governments, NGOs and clinicians to achieve these goals.

"IIT Madras is proud that HTIC is partnering with GE healthcare to address the challenges of unmet healthcare needs in India and other similar emerging economies. We need to take a completely new approach in screening, diagnosis and treatment in order to make healthcare affordable and universally accessible", said Prof Bhaskar Ramamurthi, director, IIT Madras.

The healthcare solutions is said to address mother & child health, cancer and cardiac diseases.

 

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