# Sinopharm and GE Healthcare form medical equipment joint venture

Sinopharm's subsidiary China Medical Equipment Company (CMEC) and GE Healthcare China signed an agreement to form a joint venture, majority-owned by Sinopharm, to develop and manufacture high-end medical imaging equipment in China.

- Type: Acquisition
- Announced: 2023-02-24
- Where: China, China
- Status: announced
- Products: CT scanners, ultrasound equipment, medical imaging equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Sinopharm Group Co. Ltd.](https://endata.com/companies/33043.md) (partner)
- [GE Healthcare China](https://endata.com/companies/68792.md) (partner)

## Sources

- [sinopharm.com](https://www.sinopharm.com/2023-02/25/c_13415.htm), 2023-02-25: "双方宣布在中国成立一家由国资控股的医疗设备合资公司，定位为国产高端医疗影像设备研发制造。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.