GE‘s R&D center in Bangalore is its largest outside that in the U.S. and one of its mandates is to produce quality products that are priced significantly lower than imported equivalents. The Times of India reports that the latest device developed by the company is the computed tomography (CT) system, which is the result of a $20 million investment and the collaborative efforts of GE and Indian healthcare providers for over four years.
“It’s one of the most sophisticated products we have developed and built here,” said John Flannery, president & CEO of GE Healthcare, who was in Bangalore for the launch of the CT scanner which consumes 40% less power, produces much lower radiation doses, and is priced about 40% less than imported equivalents.
Terri Bresenham, president & CEO of GE Healthcare South Asia, said the company had filed ten patents on the product and that a number of hospitals in tier 2 and 3 cities had already placed orders for it.