Medical imager Arineta, GE Healthcare to collaborate

Arineta did not disclose the size of the deal, but sources believe that it is substantial.

Cardiology imaging developer Arineta Ltd. has signed a strategic partnership with GE Healthcare to jointly develop computed tomography (CT) for cardiovascular applications.

Caesarea-based Arineta did not disclose the size of the deal, but sources believe that it is substantial for the company. Arineta and GE Healthcare did not disclose details of the collaboration either, but, like similar agreements, Arineta will probably focus on the development of the product, while GE Healthcare will provide sales and marketing services.

Arineta chairman Yosi Morik said, "We believe this collaboration with GE Healthcare provides the most effective path for Arineta to bring its cardiovascular imaging technologies to market."

GE Healthcare VP and general manager for Global CT and Advantage Workstation Steve Gray said, "CT can be a viable, minimally-invasive imaging alternative for many cardiovascular procedures. We chose Arineta as a partner because we believe their cardiovascular imaging technology complements the GE Healthcare market-leading position in CT imaging."

Published by Globes [online], Israel business news - www.globes-online.com - on August 18, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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