ARTICLE | Finance
ECG for the brain
GE healthymagination, OrbiMed invest in Israel's Ornim for brain monitor tech
August 27, 2012 7:00 AM UTC
The GE healthymagination Fund of General Electric Co. (NYSE:GE) made its second investment in Israel by participating in Ornim Inc.'s $20 million series B round last week. A strategic deal between the two companies could follow.
"Ornim has identified a way to solve the totally unmet clinical need of continuous non-invasive monitoring of cerebral oximetry plus real-time monitoring of blood flow inside the brain - providing clinicians an 'ECG for the brain' for the first time," healthymagination Fund Managing Director Noah Lewis told BioCentury...