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GE Launches $250M Healthymagination Fund

October 23, 2009
by root
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Fairfield, Conn.-based GE is establishing an equity fund to invest in companies that have innovative diagnostic, IT, and life sciences technologies aligned with the strategic objectives of its $6 billion Healthymagination initiative, it says.

According to the company, the fund will also support healthcare companies developing innovative business models and services, and will draw on capabilities from across GE Healthcare, GE Capital and GE Global Research. Healthymagination is a global commitment to delivery better care to patients at a lower cost, says GE.

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