A French outfit focused on medical imaging components is making inroads in China

As GE Healthcare ($GE), Philips ($PHG) and other med tech imaging companies focus on building their presence in China, businesses that provide parts for their devices are following suit. France's Acerde, which develops parts for X-ray tubes used in medical imaging, said it inked a development contract with an unnamed "China-based player" in the medical imaging space. China gains, because it is seeking to develop its own technology in the sector, but Acerde also wins because the deal gives it a vastly wider reach just as China is expanding its healthcare system and medical device demand is soaring. Acerde said its customers include "some of the major names in medical imaging." Item