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Biomedical Optics & Medical Imaging

GE, Pittsburgh hospital establish imaging business

General Electric Co., the international conglomerate with a stake in everything from jet engines to network television, is investing $20 million in technology that will allow doctors to share and transmit images of microscopic human tissue.

The partnership with a Pittsburgh hospital marks GE's entrance into a $2 billion market and could help expand its GE Healthcare division. GE Healthcare and the University of Pittsburgh Medical Center are each putting up $20 million to establish Omnyx LLC, a business to develop and commercialize technology allowing doctors to store and display on computers, digital images of human tissue from microscope slides, allowing colleagues anywhere to participate in consultations.

Full story from Associated Press.