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GE Healthcare to Invest in Oncology Solutions

To dedicate $1 billion of R&D budget to expand capabilities

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By: Tim Wright

Editor-in-Chief, Contract Pharma

GE Healthcare plans to dedicate $1 billion of its R&D budget during the next five years to expand its cancer diagnostic and molecular imaging capabilities, as well as its technologies for the manufacture of biopharmaceuticals and cancer research. The investment is aimed at enabling GE to bring the most promising cancer ideas to market using technologies that improve accuracy of diagnosis to enable more effective treatment decisions. “We are committed to tackling cancer. However, with a dis...

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