GE HealthCare (Nasdaq:GEHC) shares were up on fourth-quarter results that include projected sales growth in 2023. Shares of GEHC rose more than 3% at $72.36 apiece by afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up more than 9%. The Chicago-based company posted […]
GE Healthcare
GE Healthcare to acquire CT guidance tech developer Imactis
GE HealthCare (Nasdaq:GEHC) announced that it acquired computed tomography (CT) interventional guidance technology developer Imactis. France-based Imactis, founded in 2009, develops CT-Navigation. The ergonomic, universal solution provides stereotactic needle guidance. This enables intuitive pre-planning and continuous control throughout a wide range of procedures. The companies declined to publicly disclose the financial terms of the deal, […]
GE HealthCare appoints former Amazon exec as first chief technology officer
GE HealthCare (Nasdaq:GEHC) announced today that it appointed Dr. Taha Kass-Hout as its first chief technology officer. Kass-Hout’s responsibilities include leading the GE spinoff’s new science and technology organization. He reports to GE HealthCare President and CEO Peter Arduini. According to a news release, the role includes driving the company’s D3 precision care strategy. This […]
GE HealthCare joins S&P 500 on first day of trading
GE HealthCare is becoming part of the S&P 500 today — its first day trading on the Nasdaq as an independent company under the GEHC ticker. GEHC shares were up more than 4% at $58.56 apiece at the start of trading. By midday, shares rose 6% to $59.35 apiece. MassDevice‘s MedTech 100 Index, which includes […]
Siemens Healthineers, GE HealthCare reportedly express interest in Medtronic units
According to reports, Siemens Healthineers and GE HealthCare registered interest in acquiring business units from Medtronic (NYSE:MDT). Bloomberg first reported the interest from the two companies in two units Medtronic plans to spinoff. The outlet cited people familiar with the matter. In October, Medtronic announced its intention to pursue a separation of the company’s Patient […]
GE HealthCare clears one of the final hurdles to going independent
GE (NYSE:GE) announced that its board of directors approved the previously announced spinoff of its GE HealthCare business. Prior to the spinoff, GE expects GE HealthCare to convert into a corporation named GE HealthCare Technologies Inc. It anticipates trading for the company to begin on the Nasdaq market on Jan. 4, 2023, under the “GEHC” […]
GE HealthCare, Ulrich ink deal to offer multi-dose contrast media injector in U.S.
GE HealthCare today announced an agreement with Ulrich Medical to offer a GE HealthCare branded contrast media injector in the U.S. The CT motion multi-dose syringeless injector delivers iodinated contrast media for computed tomography (CT) imaging procedures. It helps to reduce procedure setup time and increase patient throughput by eliminating time-consuming preparation steps. Additionally, it […]
GE HealthCare, Philips promote role of AI in imaging
GE HealthCare and Philips (NYSE:PHG) recently announced developments in AI-powered imaging technology. SIGNA Experience, a GE HealthCare platform including four technologies, helps users through their diagnostic journey. It aims to ensure the smoothest MRI scanning experience for physicians, technologists and patients. According to a news release, the platform features an intuitive user interface for high-quality […]
GE completes $8.5 billion offering to help finance GE HealthCare spinoff
GE (NYSE:GE) announced that its GE HealthCare subsidiary closed an offering of senior notes worth $8.5 billion. The company earlier this month announced the offering in connection with the planned spinoff of GE HealthCare. It anticipates the spinoff to go through in the first week of January 2023. According to a news release, GE’s offering […]
GE Healthcare donates $1M in ultrasound and monitoring equipment to Ukraine
GE HealthCare announced today that it made a donation of ultrasound and monitoring equipment worth $1 million to Ukraine. The company said it made the donation in support of the country as the ongoing war takes a toll on its healthcare system. The donation includes patient monitors and handheld and stationary ultrasound devices, according to […]
GE HealthCare investing $80M in contrast media ingredients plant in Norway
GE HealthCare today announced it is investing $80 million to expand contrast media production capacity in Norway. The investment will go toward increasing manufacturing capacity by 30% at its active pharmaceutical ingredients site in Lindesnes, Norway. As a result, the investment will create around 100 new jobs. GE HealthCare officials have committed to addressing the […]
