General Electric Co. 's joint research collaboration with Eli Lilly & Co. in Alzheimer's disease [See Deal] is easy to miss. It's focused on very early-stage discovery, it's not exclusive, it doesn't involve exchanging money, and it will take years to obtain revenue-generating results. But it's the first manifestation of GE's efforts to broaden its reach to pharmaceutical customers, part of a general strategy that aims to grow its total health care business by double digits in the next five years.
A year after its $9.4 billion acquisition of Amersham PLC (now GE Healthcare Bio-Sciences Inc. ) [See Deal],...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on In Vivo for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?