Radiology Business February 3, 2025
GE HealthCare is investing $138 million (USD) to construct a new contrast media manufacturing site amid rising demand for its products, the company said Friday.
The “state of the art” facility will be in Cork, Ireland, on the same land as the current legacy GE facility. Leaders estimate the hub will generate about 25 million additional does of contrast media annually by the end of 2027.
GE anticipates that the need for iodine-based imaging agents, used for CT, X-ray and interventional procedures, will double over the next 10 years, underlining the importance of this expansion.
“This new facility demonstrates our broader commitment not just to address future demand, but also to increase resiliency and security of industry...