MedTech Dive November 10, 2021
Susan Kelly

Dive Brief:

  • GE on Tuesday announced plans to spin off its healthcare operations in early 2023 as a standalone public company with a focus on precision health. In addition, GE’s renewable energy, power and digital businesses will be spun off in early 2024 as an independent entity, with the remaining company comprising GE’s aviation business.
  • Integra LifeSciences CEO Peter Arduini will take the helm of the GE healthcare company as president and CEO, effective Jan. 1, 2022. He replaces Kieran Murphy, who has led the unit since 2017. GE Chairman and CEO Lawrence Culp will serve as non-executive chairman of GE Healthcare when its spinoff is completed and will lead the GE aviation-focused company.
  • GE said the decision to...

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Topics: Health IT, Medical Devices, Mergers & Acquisitions / JV, Pharma / Biotech, Precision Medicine, Technology, Trends
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