August 14, 2014

GE Healthcare Life Sciences Division’s Moving In

Co. says life sciences unit will bring ‘new jobs and economic activity’

GE Healthcare will relocate its American headquarters for its life sciences division to Massachusetts — a major move expected to create hundreds of jobs, coming on the heels of similar arrivals in redent years by Sanofi-­Aventis and Pfizer.

“GE is not a leader here — they’re following the other large firms here in order to be close to where the action is,” said Barry Bluestone of North­eastern University, who co-­wrote a report last year on the Bay State’s life sciences industry. “It continues quite a trend.”