GE Healthcare targets $ 30 mln turnover by 2010

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New Delhi, Sep 25 (UNI) Eyeing a turnover of 30 million dollars, US-based GE Healthcare today said it will produce 15,000 units for maternal infant care (MIC) products in India by 2010.

The product range includes infant warmers, incubators, phototherapy system, maternal delivery beds and other infant care accessories, ultrasound systems, infant warmers, incubators, phototherapy systems, ventilators, neonatal monitoring systems, clinical information system and ancilliary equipments.

''We aim about 30 million dollars in sales of MIC products by 2010,'' GE Healthcare CEO and President (South East Asia) V Raja told reporters while announcing the two agreements with Chennai-based Phoenix Medical Systems and UK-based SLE.

''The two new agreements will expand our broad portfolio by offering a new, extensive range of value and economical products to meet the market's growing need,'' he said.

The company also plan to roll out the phototherapy products by December-end and warmers by first quarter of 2008, he said.

According to the WHO World Health Report 2006, 5,29,000 mothers die in pregnancy or childbirth, 3.3 million babies are stillborn, and over four million newborns die within 28 days of birth every year globally.

''We aim to support physicians arrest the alarming mortality rate and complication by providing innovative and technologically advanced maternal infant care solution, as one woman dies every five minutes from pregnancy-related cause in India,'' Mr Raja added.

Commenting on the agreement, GE Healthcare Vice President Clinical system (South East Asia) Ganesh Prasad said, ''The Combination of GE Healthcare and Phoenix products will allow us to expand our business and support even the smallest maternity centres with the new value-range products.'' UNI CS RP RN1608

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