GE Healthcare Plans US$1B for New Oncology Solutions
The investment will enable the company to bring the most promising cancer ideas to market and develop technologies that improve accuracy of diagnosis.
GE Healthcare is to invest US$1bn of its r&d budget over the next five years in the expansion of its advanced cancer diagnostic and molecular imaging capabilities, as well as its technologies for the manufacture of biopharmaceuticals and for cancer research.
The investment crosses all lines of GE Healthcare’s global business and will enable the company to bring the most promising cancer ideas to market and develop technologies that improve accuracy of diagnosis.
GE Healthcare already offers a wide portfolio for oncology and a strategy that combines cellular research, medical imaging, laboratory diagnostics, biopharmaceutical manufacturing technologies and information technology.
The investment will focu
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