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United Imaging inks pact on headquarters site

SHANGHAI United Imaging Healthcare Ltd signed an agreement with the Jiading government to set up its headquarters in the district.

United Imaging is a high-tech company specializing in the development, manufacture and sales of sophisticated medical imaging and therapy equipment.

The 3-billion-yuan (US$455 million) headquarters will occupy 80,040 square meters of land in the Innovation Park of Jiading Industrial Zone. The facility is expected to be fully operational in 2013.

United Imaging will also set up research and development centers in Shenzhen, Guangdong Province, and Beijing and plans to enter the high-end medical imaging market now dominated by General Electric, Siemens and Philips.

With homegrown imaging products, Chinese patients will be able to pare the costs of diagnostic scans. At present, a patient needs to pay nearly 10,000 yuan for a scan using a positron emission tomography scanner made by GE, which costs 35 million yuan in China.

United Imaging also plans to develop advanced scanners in five to eight years and become a leading imaging equipment manufacturer capable of generating up to 50 billion yuan in annual revenue within 15 years.

The company was co-founded by Entrepreneurial Team Corporation, Shanghai Lianhe Investment Co Ltd, Shanghai Advanced Research Institute, and Shenzhen Institute of Advanced Technology.


 

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