Philips teams with Electron in Russia

AuntMinnie.com staff writers
May 18, 2010

Philips Healthcare of Andover, MA, and Electron of St. Petersburg, Russia, will collaborate on the development and production of products specifically designed for the Russian healthcare market.

The partnership initially will focus on the development of CT products, with plans to launch the first jointly developed scanner later this year.

The collaboration likely will expand in the future with other healthcare products, such as MRI, x-ray, and ultrasound systems.

Development and manufacturing facilities have been established at Electron's R&D and production site in St. Petersburg.

Related Reading

Philips inks deal with Orion, April 29, 2010

Philips grows Q1 sales by 7%, April 19, 2010

Philips nets iSite renewal deal, April 13, 2010

Sectra, Philips partner in Japan, April 9, 2010

WSJ: Philips mulls bid for Hologic, March 12, 2010

Copyright © 2010 AuntMinnie.com

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