GE Developing 'Super Value' Products in India

GE ups its device R&D and healthcare worker training in the Asian giant, according to a report.

Qmed Staff

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.

Read the full Times of India story here.

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.

Other super value products for GE include mobile x-ray equipment, baby warmers, and portable ECG machines.

There are plenty of opportunities for innovation in up-and-coming countries such as India. 

For example, Medtronic last year announced it was acquiring St. Paul, MN-based Corventis and its heart failure monitoring patch. The patches were originally employed in India, where access to diagnostics is limited but cellular networks are widespread. But the patches were successful enough that Medtronic, which has already invested in Corventis, saw the potential to bring them to the developed market, a Medtronic executive said at the time.

Meanwhile, Android-powered medical technology has been used to save the lives of Indian mothers.

Chris Newmarker is senior editor of Qmed and MPMN. Follow him on Twitter at @newmarker.

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