GE Healthcare of Chalfont St. Giles, U.K., and Nycomed of Zurich, Switzerland, are expanding their partnership in Russia and the Commonwealth of Independent States for the local sales, marketing, and distribution of GE Healthcare's contrast agents in that region.
The agreement also will create a new Moscow-based company to handle GE's CT, x-ray, and MRI contrast media products. The new company will have approximately 40 employees in its Moscow offices and across the region.
The joint venture is expected to become operational in the second half of this year.
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