NEW YORK (GenomeWeb News) – GE has launched a new $250 million equity fund to invest in "highly promising" young companies developing or offering life sciences tools, diagnostics, and health care information technologies, GE Healthcare said today.

The GE Healthymagination Fund, part of the company's $6 billion Healthymagination Initiative, will be global in reach and it will harness the capabilities of GE Healthcare, GE Capital, and GE Global Research.

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