TI allots $15 mn fund for medical research

BANGALORE, INDIA: Texas Instruments Incorporated (TI) has announced it is allocating a total of $15 million to fund medical technology research at selected universities worldwide.

The funding would support research and development of key emerging medical technologies, over a period of several years, in areas such as personal medical devices, implantables, medical imaging, wireless healthcare systems and biosensor technology, TI said in a release on Wednesday.

“TI has always been at the forefront of technology research and we are very excited to partner with universities worldwide to help develop the next-generation of medical electronics that will allow our customers to improve the quality of healthcare and life,” said Kent Novak, vice president of TI’s medical business unit.

“In the 1990s, wireless communications systems, cell phones and PDAs were major areas of R&D and leading market drivers in the electronics industry. An outgrowth of these developments is higher system integration and lower power requirements. Many new and emerging medical systems are now utilizing these established technologies to improve patient monitoring in hospitals, for feature-enhanced personal care devices, and for rapidly modernizing healthcare systems in developing countries where standardized healthcare is virtually nonexistent,” Novak added.