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Sector Watch
GE Healthcare Launches Lullaby Phototherapy for Infant Jaundice Treatment
GE
Healthcare recently launched Lullaby, a new blue compact fluorescent lamp (CFL)
based phototherapy system for the treatment of indirect hyperbilirubinemia or
jaundice in newborns. The Lullaby Phototherapy System (LPS), designed and developed
at GE's R&D Centre in India, is part of their 'In India, for India' programme
to make high-end technology more affordable, reliable and more accessible to
larger sections of society.
GE Healthcare plans to export the LPS to Europe, Latin America, Middle East
and Asia Pacific. The Company forecasts sales of 1,000 Lullaby units in India
in the first year and plans to roll out new MIC products in early 2008. In addition,
GE Healthcare recently announced the launch of new range of maternal-infant
care (MIC) systems in association with Phoenix Medical Systems and SLE, UK to
help support even the smallest centres in India. According to Omar Ishrak, President
and CEO of GE Healthcare's Clinical Systems Business, "GE's clinical partnerships,
technology leadership and continuous investment in healthcare solutions allow
us to invite healthcare's top physicians to the drawing board to re-imagine
healthcare solutions."
"As a part of our overall business strategy, we plan
to tie up and acquire products in varied segments to become a complete solutions
provider in the healthcare and life sciences space. With our recent tie up with
Phoenix, we have now started manufacturing these products in India to expand
our MIC portfolio. We plan to explore further opportunities to tap other potential
segments," said V Raja, President and CEO, GE Healthcare, South Asia.
GE Healthcare is currently expanding its MIC and imaging product portfolio to
achieve $800 million target by 2010 in India.
EH News Bureau
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