GE Healthcare And St. Jude Medical Announce Collaboration Agreement To Help Fight Heart Disease And Stroke

WAUKESHA, Wis. & ST. PAUL, Minn.--(BUSINESS WIRE)--May 16, 2006--GE Healthcare (NYSE:GE - News) and St. Jude Medical, Inc. (NYSE:STJ - News) today announced a significant development and collaboration agreement that is intended to bring an integrated imaging and monitoring capability to cardiac catheterization labs around the world. Under terms of the agreement, GE and St. Jude Medical will develop a state-of-the-art cardiovascular ultrasound imaging system with fully integrated intracardiac echocardiography (ICE) imaging capabilities, intended for use in treating patients suffering from heart disease.