GE Healthcare Completes Acquisition of Remaining 50% Stake in Nihon Medi-Physics

MT Newswires Live

2025/03/31

GE Healthcare Technologies (GEHC) said Monday it completed the acquisition of the remaining 50% stake it doesn't own in Japanese radiopharmaceutical company Nihon Medi-Physics from Sumitomo Chemical.

As part of the deal, Kevin O'Neill, the chief executive of GE Healthcare's pharmaceutical diagnostics segment, will become president of Nihon Medi-Physics.

The company expects the transaction, which was disclosed in December, to be neutral to adjusted earnings per share in year one and accretive afterwards.

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