Over $700 million to go into food, medicine, digital research: Heng Swee Keat

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The future of food, medicine and digital technology will form the backbone of long-term research plans to keep Singapore competitive, Finance Minister Heng Swee Keat said yesterday. But these goals will not be at the expense of basic research, which takes longer to bear...

The aim is to create AI systems to identify patients predisposed to chronic diseases like diabetes, robots to perform menial tasks and wearable sensors to provide early intervention for heart failure.

Yesterday, three projects using AI technologies were unveiled to battle it out in a healthcare research challenge that promises funding of up to $20 million for the winner. In food research, $144 million will be invested in areas like urban farming and lab-grown meat and $80 million will go towards ramping up cell manufacturing capabilities for cell therapy - hailed as the future of medicine.

PM Lee said success of the country's research plan will depend on three factors: Singapore must continue to emphasise science and technology in society, develop a strong core of talent, and build partnerships with foreign countries and institutions to pool expertise and take on more ambitious projects.

 

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