We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us
LGC Clinical Diagnostics

Download Mobile App




Siemens Healthineers AG IPO Planned for First Half of 2018

By LabMedica International staff writers
Posted on 27 Feb 2018
Print article
Image: Siemens Healthineers announced that completion of the planned IPO of Siemens Healthineers AG is expected in the first half of calendar year 2018 (Photo courtesy of Siemens Healthineers).
Image: Siemens Healthineers announced that completion of the planned IPO of Siemens Healthineers AG is expected in the first half of calendar year 2018 (Photo courtesy of Siemens Healthineers).
Global technology powerhouse Siemens AG (Munich, Germany) (“Siemens”) and its separately managed healthcare business, Siemens Healthineers (Erlangen, Germany) (“Siemens Healthineers”) have announce that the planned IPO of Siemens Healthineers AG (“Siemens Healthineers”) is expected to be completed in the first half of calendar year 2018, subject to capital market conditions.

The IPO will consist of a secondary offering of shares from the existing holdings of Siemens. The target free float of a meaningful minority share is expected to create a liquid market for the shares of Siemens Healthineers. Siemens will retain a majority stake in Siemens Healthineers in the long-term. The public listing is planned on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. While Siemens Healthineers will remain core to Siemens, the IPO will increase its entrepreneurial flexibility and lay the foundation for future growth.

Siemens Healthineers’ core markets of diagnostic and therapeutic imaging, laboratory diagnostics and molecular medicine are estimated to be worth more than Euro 50 billion per year. These core markets are expected to grow at an average rate of 3-5% annually, driven by favorable factors such as a growing and aging population, rise in chronic diseases, improved access to healthcare in the emerging markets and technology-driven transformation. As an independent company, Siemens Healthineers will benefit from increased agility and a strong capital structure, placing the company in an excellent position to capitalize on the medium- and long-term opportunities in its core markets.

“Siemens Healthineers is now ready for its market debut”, said Michael Sen, Chairman of the Supervisory Board of Siemens Healthineers and member of the Siemens Managing Board. “Siemens Healthineers is a premium asset and we have worked hard to now list such an exciting franchise. We expect the business to capitalize on its strengths even more effectively after the listing.”

“We are in a powerful place to shape the future of healthcare. Becoming a listed company will give us the increased freedom that we need to continue expanding our global leadership,” said Bernd Montag, CEO of Siemens Healthineers. “With our Strategy 2025 we are ideally positioned to take advantage of the paradigm shifts in our industry and achieve even more growth.”

Platinum Member
COVID-19 Rapid Test
OSOM COVID-19 Antigen Rapid Test
Specimen Collection & Transport
Complement 3 (C3) Test
GPP-100 C3 Kit
Gold Member
ADAMTS-13 Protease Activity Test
ATS-13 Activity Assay

Print article

Channels

Clinical Chemistry

view channel
Image: Reaching speeds up to 6,000 RPM, this centrifuge forms the basis for a new type of inexpensive, POC biomedical test (Photo courtesy of Duke University)

POC Biomedical Test Spins Water Droplet Using Sound Waves for Cancer Detection

Exosomes, tiny cellular bioparticles carrying a specific set of proteins, lipids, and genetic materials, play a crucial role in cell communication and hold promise for non-invasive diagnostics.... Read more

Molecular Diagnostics

view channel
Image: The study showed the blood-based cancer screening test detects 83% of people with colorectal cancer with specificity of 90% (Photo courtesy of Guardant Health)

Blood Test Shows 83% Accuracy for Detecting Colorectal Cancer

Colorectal cancer is the second biggest cause of cancer deaths among adults in the U.S., with forecasts suggesting 53,010 people might die from it in 2024. While fewer older adults are dying from this... Read more

Hematology

view channel
Image: The Gazelle Hb Variant Test (Photo courtesy of Hemex Health)

First Affordable and Rapid Test for Beta Thalassemia Demonstrates 99% Diagnostic Accuracy

Hemoglobin disorders rank as some of the most prevalent monogenic diseases globally. Among various hemoglobin disorders, beta thalassemia, a hereditary blood disorder, affects about 1.5% of the world's... Read more

Microbiology

view channel
Image: The new platform is designed to perform blood-based diagnoses of nontuberculosis mycobacteria (Photo courtesy of 123RF)

New Blood Test Cuts Diagnosis Time for Nontuberculous Mycobacteria Infections from Months to Hours

Breathing in nontuberculous mycobacteria (NTM) is a common experience for many people. These bacteria are present in water systems, soil, and dust all over the world and usually don't cause any problems.... Read more
Copyright © 2000-2024 Globetech Media. All rights reserved.