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.”
