GE Healthcare's New Shanghai Innovation Center Welcomes First Four Digital Tech Startups
Qian Tongxin
DATE:  Nov 17 2023
/ SOURCE:  Yicai
GE Healthcare's New Shanghai Innovation Center Welcomes First Four Digital Tech Startups GE Healthcare's New Shanghai Innovation Center Welcomes First Four Digital Tech Startups

(Yicai) Nov. 17 -- The first batch of four digital technology startups engaged in developing cutting-edge medical technologies and equipment have settled in the new innovation center of General Electric's healthcare arm in China that opened in Shanghai.

Abdominal surgery robot maker Ronovo Surgical, extended reality technology developer MiDIVI, artificial intelligence ultrasound imaging diagnostic technology developer RayShape Medical Technology, and AI imaging-aided diagnostic technology developer Yizhun AI are the four firms that yesterday settled in GE Healthcare's innovation center in Shanghai's Zhangjiang Hi-Tech Park.

GE Healthcare's innovation center in Shanghai is the company's third in China and its largest and most comprehensive innovative technology development entity established in the country. The two others are located in Beijing and Wuxi. They aim at incubating and helping startups or small enterprises with specialized and new technologies to commercialize their achievements in scientific research and technology development and build an innovative ecology.

"GE HealthCare must collaborate with doctors and digital tech firms on future innovations to promote the integration of digital technology and reality," Executive Vice President Zhang Yihao yesterday told the media, including Yicai.

"GE Healthcare's initial goal is to launch 200 medical products developed in China in the next five years, which means that our speed of innovation will be at least twice as fast as that in the past decade," noted Zhang, who is also the president and chief executive officer of GE Healthcare's Chinese arm.

Editors: Tang Shihua, Futura Costaglione

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Keywords:   Innovation Center,Startup Incubator,Innovation Ecosystem,Medical Equipment,R&D,Shanghai,GE Healthcare