General Electric’s board of directors approved its planned spin off of its healthcare business. The new firm, called GE HealthCare, is expected to start trading on Nasdaq on Jan. 4., under the ticker “GEHC.”

Autobio’s Autolas X-1 Series intelligent online refrigerator is different from the traditional offline refrigerator, it is no longer a simple cold storage, but an intelligent management system for specimens.

GE HealthCare has priced an offering of $8.25 billion senior notes in conjunction with the spinoff from its parent company.

GE published a regulatory filing about the spinoff of its healthcare unit, which it expects to complete in the first week of 2023, if the transaction is approved by its board of directors. GE HealthCare will be listed on the Nasdaq under the ticker “GEHC.”

GE's healthcare systems organic revenues in the fourth quarter declined 5%, more than offsetting 2% organic growth in pharmaceutical diagnostics. Nonetheless, Culp told investors that healthcare order demand remained strong in the quarter despite supply chain disruptions.

GE today announced that it has completed its previously announced acquisition of BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners, LLC.

GE announced today what Chairman and CEO Larry Culp called a “defining moment,” with plans to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare and energy.

GE (NYSE:GE) has entered into an agreement to acquire BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners for a cash purchase price of $1.45 billion.

The FDA has cleared Drawbridge Health’s blood collection device designed to help monitor long-term blood sugar levels in people with diabetes, which the company describes as easier and less painful than a hypodermic needle.

Cepheid announced recently it has received CE-IVD clearance for a rapid molecular assay to measure viral load of hepatitis B in infected patients. The Xpert HBV Viral Load test measures HBV DNA levels in plasma or serum using the firms Gene