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GE Healthcare designs, builds CT system in India
Wipro GE Healthcare on Wednesday launched Revolution ACTs, the first computed tomography (CT) scan system designed and manufactured in India, at a glittering ceremony in the presence of John Flannery, the global CEO and president of the $18-billion GE Healthcare; Terri Bresenham, president & CEO of GE Healthcare South Asia; Prathap C Reddy, founder and chairman of the Apollo Hospitals Group; and Kaushik Mukherjee, chief secretary of Karnataka.
The company said Revolution ACTs is the result of Rs 120 crore in investment and collaboration with Indian healthcare providers for over four years.
Talking to reporters later, Bresenham said the new CT scan system is 40 per cent less expensive than competing offerings in the market and uses 40 per cent less power. Revolution ACTs, which is Wipro GE Healthcare’s 26th product, will cost less than Rs 1 crore for each installation, she said. She said 75 engineers worked on the design process of the system and the manufacturing plant at Bengaluru has a capacity to produce up to 1,000 systems in a year. “Customers were an important part of the design process. Twenty customers have already been identified and they are actually here attending the event. This year, we have plans to sell 100-200 systems,” she said.
GE Healthcare disclosed that it had recently formed a separate company called GenWorks Health, which would function as a new national network to address challenges faced by healthcare providers in tier II-IV towns. “GenWorks has commenced operations with 150 highly experienced team members with each member having an average industry and leadership experience of 17 years. It is rapidly building presence in 450 tier II-IV towns to take disruptive technologies, training and support closer to healthcare providers,” the company said.
CT scan systems are used to diagnose health conditions like stroke, trauma, etc. “India has one of the highest prevalence of diseases like stroke with 16 lakh new cases every year leading to 6,30,000 deaths….However, we have limited penetration of this important technology — three CT systems per million population compared with 20 CT systems per million population in developed markets,” the company said. Flannery, who was earlier the president and CEO for GE India from October 2009 to April 2013, said neighbouring China had 15,000 more CT installations than India.
GE Healthcare had last year entered into an agreement with Cancer Treatment Services International (CTSI) to set up 25 world-class cancer care centres across India at a cost of Rs 750 crore. Bresenham said the partners are now on the verge of setting up two of those hospitals. “One of them will have Revolution ACTs installed,” she said.
GE Healthcare claims to have developed a world-class supplier base in India as well as facilities for assembly and testing. “Over 30 per cent of the product components and parts are either in-house manufactured or sourced from India and includes the heart of the machine — generator and tubes.” Bresenham, however, added that a fair amount of the components are still imported, notably detector material.
Source:- GE Healthcare designs, builds CT system in India