Health tech firm receive vital £22m funding fillip

A PIONEERING university department dedicated to “scanning the horizon' for innovative health technology has been granted £22m to continue its cutting edge work.

- SAM VOLPE Health Reporter

Newcastle University's NIHR Innovation Observatory works to boost research into how emerging medicines, devices and digital technology could transform healthcare.

Its work so far has included artificial intelligence (AI), tackling antimicrobial resistance and supporting the creation of “rapid” genomic testing, which can lead to “faster and more accurate” diagnosis of illness.

The new funding will allow the Innovation Observatory to work closely with organisations from Government departments to charities and small businesses in order to spot and take advantage of new technology.