John Flannery, GE Healthcare’s chief executive officer, told the Financial Times that when he started his job last year, he “didn’t come with a mandate to do big M&A.” Instead, Flannery, who held many different GE jobs during his 27 years with the company, said he would be focusing on organic growth.
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Every year, doctors order as many as 40 million medical imaging scans that require a radioactive isotope called technetium-99m (Tc-99m). The scans help them diagnose cancer, heart disease and other serious maladies.