GE Healthcare over four years spent the equivalent of about $20 million to develop a new CT system that uses 40% less power, produces smaller radiation doses, and is 40% cheaper than imported equivalents, according to a recent report in The Times of India.
The collaboration between GE and Indian healthcare providers is but one example of the company’s drive to develop “super value” products in India, according Terri Bresenham, president & CEO of GE Healthcare South Asia.
The R&D effort, along with a GE initiative to develop 100,000 skilled Indian healthcare workers over five years, is but another example of how major medtech companies see opportunities in rising economic powers such as India, China, Brazil.
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