GE Healthcare Acquires U-Systems


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


GE Healthcare, the healthcare division of General Electric (NYSE: GE), announced today the acquisition of U-Systems, Inc., a manufacturer of ultrasound products specifically designed for breast applications. With operations in Sunnyvale, CA and Phoenix, AZ, U-Systems, Inc. has developed the somo•v® Automated Breast Ultrasound (ABUS), the first and only ultrasound system on the market approved in the U.S. for breast cancer screening as an adjunct to mammography for asymptomatic women with greater than 50 percent dense breast tissue and no prior breast interventions. Financial terms were not disclosed. “The combination of U-Systems, Inc. and GE Healthcare uniquely positions GE to offer U.S. healthcare providers and their patients the most comprehensive portfolio of breast care innovations on the market - from screening to diagnosis to monitoring,” said Tom Gentile, president and CEO of GE Healthcare Systems. “In addition to digital mammography and breast MR, GE can now offer breast screening ultrasound technology to our customers to help in early detection - which provides for more treatment options.” According to a published study in the New England Journal of Medicine, women with dense tissue in 75% or more of the breast have a risk of breast cancer four to six times as great as the risk among women with little or no dense tissue.1 Since dense breast tissue decreases mammography's effectiveness in detection, the somo•v® ABUS has proven to be a tremendous advancement in the visualization of cancer-hiding tissue in dense breasts. “What 3D ultrasound will allow us to do is to help us use the information that we get from mammography and integrate that information together with the information we get from ultrasound to find more cancers,” said Dr. Rachel Brem, M.D., the Principal investigator of the SOMO-INSIGHT clinical study examining whether Full Field Digital Mammography along with the somo•v® could improve breast cancer detection when compared to mammography alone in women with dense breasts. “Mammography is an effective tool at finding breast cancer, but it doesn't work equally well in everyone. Recently completed studies demonstrated with the addition of somo•v® ABUS we find about 30 percent more cancers in women who have a normal mammogram, normal physical examination and dense breasts. For the more than 40 percent of women who have dense breasts, this is a significant advancement in their breast healthcare.”

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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