SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

Never Miss a Story

Sign up for email alerts

 

More Industry Headlines

Samsung's tablet ultrasound can diagnose patients en route to hospital The technology can prove crucial when seconds matter

Ultrasound-powered chip monitors diseases and delivers therapies May be able to study nervous system and treat Parkinson's symptoms

Celgene invests in Sequenta's MRD test Test will participate in trials to create blood cancer medicine

AFT calls for improved Ebola hospital protocols Meanwhile, 43 people in Texas are removed from Ebola watch list

Americans with insurance still not going to doctor Will making cost and quality information transparent be the solution?

Mass. health care cost transparency law underperforming Pricing still murky after transparency law introduced

FDA approves Siemens' ultrasound with true volume 3-D TEE probe The system offers real-time blood flow and valve measurements in seconds

Robotic MR-guided needle performs brain surgery through cheek No need to drill through patient's skull

MEDICA's education conference: where innovations merge The four-day conference will discuss relationships between science and medical technology

Barco launches new diagnostic display system The system may provide radiologists with some needed relief

GE to ship X-ray equipment to Myanmar: report

by Brendon Nafziger , DOTmed News Associate Editor
General Electric Co. is going to sell $2 million worth of X-ray equipment to two private hospitals in Myanmar, as the industrial giant is set to become the first U.S. firm to do business with the Southeast Asian country since investment sanctions were relaxed last week, according to Reuters.

The news service reported that GE made the announcement Saturday during a business trip to the country, formerly known as Burma, which had been ruled by a military junta for half a century before elections in 2010 partly restored civilian rule.

Story Continues Below Advertisement

We want to buy your Siemens Symphony or Avanto MRI -- today!

Top Dollar Paid, Fixed or Mobile. Call our Siemens Specialist for a Quote today -- 212-558-6600 Ext. 250 DOTmed Certified



As a result of reforms, the Obama administration granted licenses for companies wishing to invest in Myanmar on Wednesday.

The X-ray equipment, for cardiology and topography, will be sold through a local partner, Sea Lion Co Ltd., Reuters said.

GE is also interested in selling infrastructure equipment to Myanmar, such as gas turbines to ease chronic power outages and signaling devices for aging railways, Reuters said.

However, some region watchers and activists have not been happy with Washington's relaxing of investment sanctions, believing the country is still largely in the grip of military rule.

"The military retains firm control over parliament, stands ready to repress organized dissent and continues military campaigns against ethnic minorities," Michael Green, the former senior director of the National Security Council under President George W. Bush, and an associate professor at Georgetown University, wrote in the Washington Post on Sunday.

In any case, Myanmar certainly could use some more money spent on health care. According to the World Health Organization, using 2009 figures, Myanmar's total health care expenditure per capita was $23. By comparison, for the U.S. it was $7,410.


Related:


Interested in Medical Industry News? Subscribe to DOTmed's weekly news email and always be informed. Click here, it takes just 30 seconds.

You Must Be Logged In To Post A Comment

Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2014 DOTmed.com, Inc.
ALL RIGHTS RESERVED