GE profits fall less than expected
Other headlines:Varian woos China
GE profits fall less than expected
In a market that has come to expect bad news, GE's report April 16 that profits dropped only 36% was good news. The mega-conglomerate beat Wall Street expectations with net income that totaled $2.74 billion in the first quarter compared with $4.3 billion in the year-earlier period. But the news was hardly welcome to the healthcare industry, as GE Healthcare sales dropped 9%, underscoring continued weak demand in the global market for medical equipment. Jeff Immelt, GE's CEO and chairman, provided a positive outlook, saying that the company was positioning itself to lead in this "reset economy" by investing in growth, lowering cost, and generating cash. "We see great opportunity in a global economy that favors clean energy, affordable healthcare, and services that drive customer productivity," he told investors.
Varian woos China
Varian Medical Systems will showcase its line of PaxScan flat-panel x-ray image detectors for digital radiography among its other x-ray components at the China International Medical Equipment Fair meeting in Shenzhen, April 18 to 21. The tech spread is designed to direct attention to the company's newly established x-ray service center in Beijing.
FDA Clears Virtually Helium-Free 1.5T MRI System from Siemens Healthineers
June 26th 2025Offering a cost- and resource-saving DryCool magnet technology, the Magnetom Flow.Ace MRI system reportedly requires 0.7 liters of liquid helium for cooling over the lifetime of the device in contrast to over 1,000 liters commonly utilized with conventional MRI platforms.
