Ventripoint Diagnostics (TSXV: VPT) this morning announced a major arrangement. The company has officially entered into a collaboration with that of GE Healthcare, a subsidiary of General Electric (NYSE: GE).
The collaboration will see Ventripoint included within GE’s Edison Developer Program as an innovator. The program is designed to help healthcare providers gain access to market-ready applications, with the program also expected to bring more functionality to the firms cardiac ultrasounds devices..
The arrangement will effectively see the installed base be enhanced for Ventripoint, while also driving commercial growth worldwide via access to GE’s global sales channels. These sales channels under the collaboration will also have the potential to see VPT’s advanced 3D image analysis tools used for studies.
“We are delighted to partner with GE Healthcare to work towards bringing our cardiac analysis tools to their existing customer base of cardiologists,”
Dr. George Adams, Executive-Chairman of Ventripoint
Ventripoint Diagnostics last traded at $0.64 on the TSX Venture.
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