"EMvision was awarded a $2.6 million Cooperative Research Centre project grant from the Government of the Commonwealth of Australia in late 2017, and, through the grant process, has established key academic, clinical and industry relationships that will assist in the advancement and commercialisation of the Company’s brain scanner program. These partners have also committed to provide a further $910,000 in grant funds to EMvision.These include GE Healthcare, a US$19 billon healthcare business of GE (NYSE:GE), the University of Queensland which is one of the world’s top 10 universities for biotechnology, and The Queensland Government Metro South Hospital and Health Service operating at the Princess Alexandra Hospital, one of Australia’s leading academic and research centres."
GE Healthcare, a US$19 Billion healthcare business of GE (NYSE:CE) rarely invests in other companies early. The fact that they have already committed $$$ in a grant is a remarkable achievement for the EMV team.
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