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GLG News by this Author
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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Why GE is investing in Global Healthcare - getting a jump on new technologies
July 27, 2009
GE to invest $6 billion in healthcare globally | www.business-standard.com
GE sees a huge global market for advanced healthcare delivery systems as increasing demand for improved healthcare exceeds today's delivery systems. Asia will be on the leading edge of this trend since they have growing populations and inadequate delivery systems. GE wants to be ahead of competitors such Phillips Medical and Siemens, who are cautiously looking at this area. However, in a down economy, it is often the company that acts boldly that captures the market.
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