GE Healthcare (NYSE:GE) and the University of California San Francisco said today they inked partnership, looking to develop a library of deep learning algorithms to aid clinicians in making more effective diagnostics. The first focus for the partnership will be to develop algorithms that speed up differential diagnosis for acute situations, such as trauma, to improve […]
GE Healthcare
GE Healthcare’s Q3 sales rise, profits jump 10%
GE Healthcare (NYSE:GE) today posted double-digit 3rd-quarter profit growth on a 5.3% top-line gain, even as its corporate parent saw its bottom line plunge more than -20% due to lower energy prices – revenues were off by -25% for GE’s oil-and-gas business. But the healthcare business posted profits of $717 million, up 10.0% compared with Q3 […]
FDA approves label changes for GE’s Optison
GE Healthcare (NYSE:GE) announced today that the FDA approved label changes for its ultrasound contrast agent Optison, removing contraindications for use in patients with cardiac shunts and for administration by intra-arterial injection. Optison is the 1st contrast agent available in the U.S. to receive this label change, according to GE. “Up to one-third of our patients […]
GE’s venture arm, Allied Minds join forces
GE Healthcare‘s (NYSE:GE) Venture arm said today it signed a strategic alliance with Boston-based innovation development group Allied Minds to develop and commercialize “next-generation technologies.” Through the deal, GE and Allied Minds will invest in both new and existing tech sourced from both company’s pipelines, both existing and new. Allied Minds will recive exclusive right of […]
Elekta touts MR-imaging radiotherapy combo at ASTRO
Richard Hausmann built his career on the physics of imaging – he spent 23 years at Siemens (NYSE:SI) and 4 years at GE (NYSE:GE) developing the magnetic resonance and computerized tomography businesses before joining Elekta (STO:EKTA B) as president & CEO in June 2016. Hausmann told MassDevice.com yesterday that Elekta’s new MR-linac system, which combines MR imaging […]
GE plans ‘lab-in-a-box’ complex in Ireland
GE (NYSE:GE) reportedly plans to build 4 prefabricated drug factories in Cork, Ireland. The U.S.-based company said yesterday that it plans to put $167 million (€150 million) into a biopharmaceutical campus in County Cork, with construction slated to begin next year, according to Reuters. Both Pfizer (NYSE:PFE) and GE have prefab factories in China, designed to […]
GE backs Injeq’s smart needle
Injeq, a resident at GE’s Health Innovation Village in Helsinki, created a smart needle that tells the user about surrounding tissue for safer liver biopsies and lumbar punctures. The Finnish company’s device looks like a standard hypodermic needle, but with an electrode attached to the tip. The needle measures changes in signal caused by contact […]
Labor dispute prompts withdrawal of job offers at GE Healthcare
A dispute with an Irish labor union reportedly prompted GE Healthcare (NYSE:GE) to withdraw job offers to several prospective employees just a day before they were to start. The imaging giant is in the middle of a $44.7 million (€40 million) buildout of a facility in East Cork, Ireland, and had made the job offers to help […]
Getinge, GE Healthcare launch ‘hybrid OR’ flexible angiography combo
Getinge (PINK:GETI B) said yesterday it launched a new combined angiography system designed for hybrid operating rooms as a collaborative project with GE Healthcare (NYSE:GE). The system combines Getinge’s Maquet brand Magnus OR table with GE’s Discovery IGS 730 angiography system to allow for an expanded range of surgical procedures and interventions. “Hybrid ORs have become the […]
GE Healthcare, Mission Health ink 10-year outcomes-based development deal
GE Healthcare (NYSE:GE) said today that it inked a 10-year, outcomes-based development deal with Mission Health to streamline care and improve cost efficiency at Mission Health’s facilities. Through the partnership, the companies will co-develop, pilot and deploy healthcare solutions focused on optimizing patient imaging experiences and smoothing out patient care transitions. “This is an innovative, collaborative, […]
Cigna adds reimbursement coverage for 3D breast scans
Cigna (NYSE:CI) said this week that it’s revising its coverage to include 3D mammography for routine breast cancer screening. The Bloomfield, Conn.-based health insurer only reimbursed for 3D breast scans made for diagnosis, based on the U.S. Preventive Services Task Force’s finding that there’s not enough data to show that 3D mammography is better than traditional mammography in […]