The Incheon Free Economic Zone (IFEZ) and the GE Healthcare and Bio Research Complex (BRC) have announced the signing of a five year plan to establish the GE Global Ubiquitous Health R&D Center in Incheon. Under the agreement, GE Healthcare, a global leader in transformational medical technologies and services and BRC, a respected provider of gene analysis technology, will use the facility for research and development activities related to healthcare IT solutions.
GE has made a $6 billion dollar commitment, named Healthymagination, to the improvement of health care access, affordability, and quality through advanced technologies and R&D. The Korean government and the IFEZ see the center as an opportunity to gain advanced clinical knowledge, build professional skills, and create jobs through healthcare IT, which is a mainstream green industry. For a more detailed report, see your-story.org.