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GE HealthCare, a global leader in medical equipment technology, officially launched the Precision Medicine Industrial Base project in Chengdu Tianfu International Bio-town on May 8th.
Notably, GE HealthCare was announced as an indepent company from General Electric Group and listed on NASDAQ on January 4th, 2023. Its business encompasses four major sectors: medical imaging, ultrasound technology, life sciences, and pharmaceutical diagnostics.
The launch signifies strong support for the construction of Chengdu's Bio-economy Guiding Area, part of the larger vision to develop a dual-city economic circle between Chongqing and Chengdu areas. It bolster industrial ecosystems and improve industry chns within Tianfu Bio-town while attracting more leading international projects.
Focusing on creating industrial clusters, GE HealthCare is set to promote innovative development in precision medicine by leveraging its decade-long presence in China through the establishment of the Chengdu Innovation Center CIC. This center played a pivotal role in advancing innovation activities across China and the Western region, driving strategic upgrades for General Electric's global operations.
GE HealthCare values the opportunities provided by China's Great Western Development Strategy and believes strongly in China's long-term development. The company is committed to increasing investments in Chengdu while collaborating with key players within its industry ecology to build a reliable, secure supply chn system that supports the domestic production of advanced medical equipment.
Moreover, Chengdu, known for having two major rports among mnland Chinese cities, ranks second nationally for healthcare quality. As part of this biotechnology hub, Tianfu Bio-town has been instrumental in driving industry growth and is recognized as one of China's top-tier biotech parks based on comprehensive competitiveness rankings.
With a focus on key sectors such as diagnostics IVD, medical implants and interventional products, and smart medical equipment, Tianfu Bio-town houses global giants like Thermo Fisher Scientific alongside innovative local companies such as Qitan Tech.
The project launch at Tianfu Bio-town is expected to accelerate the establishment of industrial ecosystems within biotechnology, focusing on precision medicine industry links. It attract more quality projects, cultivate new growth points and competitive advantages to support Chengdu's biotech sector leap forward.
that this content is a translation from Chinese into English. For accuracy in specific or professional contexts, it may be advisable to consult with experts or native speakers familiar with both languages.
This article is reproduced from: https://www.cdht.gov.cn/gaoxin/c141902/2023-05/24/content_77820962f07446708a5ad284eb497ddb.shtml
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GE HealthCare Precision Medicine Project Chengdu Tianfu International Bio town Launch GE HealthCare Business Portfolio Expansion Industrial Base for Biotechnology Development GE HealthCares Support for Chinas Bio economy Advanced Medical Equipment Production Initiative