GE Launches $250 Million Healthyimagination Equity Fund

OPEN MINDS Weekly News Wire Strategic Health Care News On October 21, 2009, General Electric (GE) launched a $250 million equity fund, the GE Healthyimagination Fund (Fund), focused on broad-based diagnostics, health care information technology, and life sciences. The Fund is seeking companies in need of $2-10 million. However, there are no maximum investments for any single company. Proposals are being accepted. The Fund’s initiative is part of GE’s $6 billion commitment to deliver improved health care to individuals for a low cost. Based in the United Kingdom, GE Healthcare is a $17 billion unit of . . .