GE Healthcare’s (NASDAQ: GEHC) newly established Shanghai innovation center, dedicated to advancing healthcare projects, has onboarded its first four start-ups. The selected companies include Ronovo Surgical, a manufacturer of abdominal surgery robots; MiDIVI, a developer of extended reality technology; RayShape Medical Technology, specializing in artificial intelligence ultrasound imaging diagnostics; and Yizhun AI, which focuses on AI imaging-aided diagnostic technology.
Shanghai Center’s Role and GE Healthcare’s Ambitious Goals
Situated in Shanghai’s Zhangjiang Hi-Tech Park, this center is GE Healthcare’s third in China, complementing existing sites in Beijing and Wuxi. The incubators are tailored to support start-ups and small businesses in transforming specialized novel technologies, stemming from scientific research, into commercially viable products. GE Healthcare has set an ambitious target: to aid in the launch of 200 medical products developed in China within the next five years.- Flcube.com
