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10.11.2005 - MEDIA RELEASE

Minister for Tourism and Sport and Recreation

Minister for Women

Minister Assisting the Minister for State Development

 

Local Australian science and medical manufacturer, Gammasonics Institute for Medical Research, today signed a joint venture agreement with USA firm Landauer Inc. to foster the development of new Australian technology for measuring radiation dosages.

Ms Sandra Nori, Minister Assisting the Minister Assisting the Minister for State Development said "This agreement establishes a partnership to develop new technology for the measurement of environmental and personal radiation dosage.

"Its benefits go beyond cancer treatment as the technology accurately measures the radiation dosages received by people working in general scientific research, the military and nuclear industry.

"The technology has been developed at Gammasonics Institute for Medical Research Pty Ltd, which received substancial support from the NSW Goverment throught the Australian Technology Showcase (ATS) program and Biofirst directory listing since 1999.

"Gammasonics was originally admited to the ATS for its lightweight Gamma Probe radiation detector that precisely locates cancerous cells.

"The company's first commercial tumor detection products resulted from research carried out at Wollongong University.

"The company has received an ATS Export Grant support for activities that included an international marketing consultancy.

As a result of further product development, last year, Gammasonics applied succesfully to participate in the ATS Technology Demonstration Program, under which Gammasonics was granted support to partner with a large organisation to demonstrate three of its radiation detection technologies that have applications in security and hospitals.

The Australian Technology Showcase (ATS) has supported more than 430 NSW companies since its inception in 1997. As a direct result of their participation in the ATS, these companies have injected more than $530 million into the NSW economy.

Gammasonics Institute for Medical Research Pty. © 2005