General Electric : GE Healthcare to Buy Prismatic Sensors

By Allison Prang

GE Healthcare said Friday it is buying a Swedish start-up that focuses on photon counting detectors.

General Electric Co.'s healthcare business didn't disclose financial terms of the deal agreement to buy the company, called Prismatic Sensors AB. It already owns a minority stake in the firm. GE Healthcare said it expects the deal to close by January.

"We believe this technology has the potential to be a substantial step forward for CT imaging to establish a new standard of care and eventually improve clinical outcomes for millions of patients worldwide, " GE Healthcare President and Chief Executive Kieran Murphy said in prepared remarks.

GE Healthcare said the U.S. logged 91.4 million estimated CT scans last year, which was a volume high.

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(END) Dow Jones Newswires

11-20-20 0733ET