GE Investing $7.5 Million in Nanosonics for Ultrasound Disinfecting System
25 Giugno 2012 - 1:49PM
Dow Jones News
By Victoria Stilwell
General Electric Co. (GE) will invest $7.5 million in Nanosonics
Ltd. (NAN.AU) to help the Australian-based healthcare specialist
further develop and distribute an ultrasound disinfecting
system.
Nanosonics, which develops products used to control infections,
created its Trophon EPR product to reduce infections spread between
patients through ultrasound transducers. GE worked with the
specialist in 2006 to support validation of the product, and it
received FDA approval in 2011.
GE said the investment complements the company's portfolio of
ultrasound technologies, services and software and will expand GE's
sales footprint in Japan and other locations.
Nanosonics in May said it seeks to raise about $15.4 million in
new capital through issuing new shares at a 6% premium.
Shares of GE were down 1% to $19.60 in premarket trade.
-Write to Victoria Stilwell at
Victoria.Stilwell@dowjones.com
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