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Home » GE Healthcare says recovery in supply of contrast media is on the way

GE Healthcare says recovery in supply of contrast media is on the way

June 2, 2022 By Chris Newmarker

GE Healthcare image illustrating contrast media uses
GE Healthcare says its contrast media products are used in more than 100 million procedures globally every year. [Image courtesy of GE Healthcare]
GE Healthcare (NYSE:GE) announced today that it is on the way toward restabilizing its global supply of iodinated contrast media — a vital imaging agent.

The company said its Shanghai facility, previously closed amid COVID-19 restrictions in China, will be close to 100% production capacity by next week. Said GE: “We will continue to work with impacted customers to help them plan several weeks ahead as supply progressively recovers.”

According to a recent New York Times report, thousands of Americans have had to wait for exams because of the shortage. As related by NYT, FDA Commissioner Dr. Robert Califf described the situation as “just unbelievable” while testifying to a U.S. Senate committee. “Someone with a stroke or heart attack wouldn’t be able to get an angiogram.”

The closure of the Shanghai manufacturing facility had GE Healthcare utilizing other global plants wherever possible.

The company notes on its website that its contrast media products are used in more than 100 million procedures globally every year — equal to three patient injections every second.

The imaging agent shortage is the latest example of supply chain problems that have been snarling medtech and many other industries. Such supply chain problems hit medtech giant Medtronic (NYSE:MDT)  hard during its most recent fiscal quarter. 

Medical device manufacturers are increasingly complaining about material and component shortages, especially semiconductors. Industry association AdvaMed is lobbying the Biden administration to prioritize medical devices when supplies are short.

Experts say that climate change could cause supply chain problems long after countries work through the COVID-19 pandemic.

Filed Under: Business/Financial News, Featured, Imaging, News Well Tagged With: China, GE Healthcare, supply chain

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About Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].

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