Philips Healthcare injects $33 million into Cleveland medical imaging center

June 4, 2010 by MedCity News

Philips Healthcare investing at least $33 million in a medical imaging research and development center at University Hospitals Case Medical Center in Cleveland, Ohio.

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By Mary Vanac

Philips Healthcare is investing more than $33 million in the first phase of a medical imaging research and development center at University Hospitals Case Medical Center in Cleveland.

The investment by the Dutch imaging technology company — which could double if a second phase follows — was announced at an afternoon press conference along with the $5 million Ohio Third Frontier grant that landed it.

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