Ge and Upmc Announce Joint Venture to Commercialize Digital Pathology

This Health Industry Insights NewsFlash discusses the June 5, 2008, announcement by GE Healthcare and the University of Pittsburgh Medical Center (UPMC) that they are partnering in the launch of a new company, Omnyx. Within the next 24 months, the joint venture plans to bring to market a next-generation digital imaging system for pathologists. The technology will support the digitization, storage, analysis, and results reporting of anatomic pathology slides, utilizing techniques pioneered at UPMC. Each company will invest $20 million in the venture, which will be headquartered in Pittsburgh.