Siemens Healthineers

Siemens Healthineers AG
legal form	AG
ISIN	DE000SHL1006
founding	1st December 2017
Seat	Erlangen , Germany
management	Bernd Montag , Chairman of the Management Board Christoph Zindel, member of the management Jochen Schmitz, member of the management Ralf P. Thomas, Chairman of the Supervisory Board
Number of employees	around 52,000 (group)
sales	€ 14.5 billion (FY 2019)
Branch	Medical technology
Website	www.healthcare.siemens.de
As of September 30, 2019

Two-head gamma camera (Siemens e.cam duet)

The Siemens Healthineers AG is the parent company under which the subsidiaries for the medical activities of Siemens AG are summarized. The name “Healthineers” is a word in the suitcase made up of “healthcare”, “engineer” and “pioneer”.

Business areas

The company is divided into six business areas:

• Point of Care Diagnostics
• Laboratory Diagnostics
• Diagnostic imaging
• Ultrasound
• Advanced Therapy
• Services

Key data

Siemens Healthineers AG is the parent company of several companies that are one of the world's largest providers in the healthcare sector and at the end of September 2018 employed around 50,000 people in 75 countries around the world. Headquarters and headquarters in Germany are in Erlangen, locations of the operating companies such as Siemens Healthcare GmbH are also in Erlangen , in neighboring Forchheim as well as in Kemnath , Rudolstadt and Marburg . In the 2017/18 financial year, sales of EUR 13.4 billion were achieved. In a global comparison of the largest medical technology manufacturers, the company ranks sixth behind Medtronic , Johnson & Johnson , General Electric , Fresenius Medical Care and Philips .

history

In 1847 the company Siemens & Halske (S & H) was founded in Berlin, which began with the production of electromedical devices between 1850 and 1866. Erwin Moritz Reiniger , on the other hand, founded a business on May 24, 1877 on Erlanger Schloßplatz ; in his first advertisement he recommended

“All kinds of constant batteries ..., furthermore thermometers , aracometers , urinometers , microscopes ...; also: glasses , pince-nez in 8 and 14 carat. Gold , silver , new silver and steel . House telegraph and telephone lines are also set up in the best possible way and all work and repairs related to my field are carried out promptly and cheaply. One of my private workshops in the physik. Cabinet outgoing telephone with electr. Line and bells can be inspected at any time. "

- Erlanger Tageblatt, 20.XII.1877

Reiniger, Gebbert & Schall (converted to a stock corporation with 1.2 million marks in share capital in 1906 ) was created through the establishment of an oHG in 1886 under the name of United Physikalisch-Mechanische Werkstätten Reiniger, Gebbert & Schall, Erlangen - New York - Stuttgart (RGS) Erwin Moritz Reiniger , Max Gebbert and Karl Friedrich Schall . Gebbert and Schall had previously operated a joint workshop in Stuttgart. In 1895 discovered Wilhelm Conrad Röntgen in Würzburg , the X-rays . Immediately after the discovery of X-rays, RGS began producing X-ray tubes and the associated equipment in 1896 .

The Siemens-Reiniger-Werke AG (SRW) was created in 1932 from the merger of the companies Reiniger, Gebbert & Schall AG in Erlangen (Bavaria), the Phönix Röntgenröhren-Fabriken AG in Rudolstadt (Thuringia) and the Siemens-Reiniger-Veifa-Gesellschaft für medical technology mbH (SRV; Veifa: "United Electrotechnical Institute Frankfurt - Aschaffenburg ") in Berlin-Siemensstadt .

On October 1, 1966, today's Siemens AG emerged from the merger of the previously independent stock corporations Siemens & Halske (S & H), Siemens-Schuckertwerke (SSW) and Siemens-Reiniger-Werke (SRW). The medical technology sector now operated under the name Siemens AG, Wernerwerk for medical technology . In the course of a general restructuring, the Wernerwerk was renamed the Siemens Medical Technology Division (UB Med) in 1969 and Medical Solutions in 2001 . In June 2002 the Siemens Medical Solutions division in Erlangen, Forchheim, Kemnath and Rudolstadt celebrated its 125th anniversary.

In February 2014, the Health Services division was taken over by the Cerner Corporation .

Until 2001 the division was called Medical Technology ( UB Med ), then until the end of 2007 Siemens Medical Solutions (Med). As of January 1, 2008, medical technology was run under the name Siemens Sector Healthcare as one of the four sectors of Siemens AG. From October 1, 2014 to April 30, 2015, the division was called Siemens Healthcare .

On May 1, 2015, the division was spun off into the legally independent Siemens Healthcare GmbH. Siemens AG remained the sole shareholder.

In May 2016, the establishment of the brand name Siemens Healthineers was announced at an employee event . The new name is made up of syllables of the three English words "health" ( health ), "engineer" ( engineer ) and "pioneer" ( founder ) together, it is to emphasize the pioneering spirit and engineering know-how of the company. The company itself initially continued to operate as Siemens Healthcare GmbH .

In 2017, the company received a major $ 4.1 billion order from the US Department of Defense.

In August 2017, Siemens AG announced that it wanted to list Siemens Healthineers on the stock exchange. For it was Siemens AG Healthineers founded. Siemens had not previously announced what stake the parent company would hold after the IPO, according to newspaper reports, a maximum of a quarter of the shares should be sold.

In December 2017, the company announced the acquisition of Luxembourg- based Fast Track Diagnostics.

In the course of the COVID-19 pandemic , the company developed molecular diagnostic tests to detect the novel corona virus. Siemens Healthineers plans to increase production capacity and deliver more than 1.3 million tests in Europe from May 2020. The company had previously announced an antibody test that should be available in late May.

In August 2020, the company announced that it would take over US medical technology manufacturer Varian Medical Systems . The two companies already have a strategic partnership in the area of ​​cancer detection and therapy.

shares

The subscription of the shares for the IPO was set for March 6, 2018 and March 15, 2018. The price range in the bookbuilding process was 26 to 31 euros. Between 13.4 and 15% of the shares ( greenshoe ) were offered for subscription. On March 16, 2018, the first price of EUR 29.10 on the Frankfurt Stock Exchange was above the issue price of EUR 28. The company has been part of the TecDAX since June 2018 . The company was also included in the MDAX on September 24, 2018 .

The share capital of Siemens Healthineers AG is divided into one billion registered shares with no par value (no-par shares ). With 85% of the share capital, Siemens AG is the controlling majority shareholder. The remaining 15% are in free float . The majority of the shares in Siemens Healthineers are to be held by Siemens over the long term.

A dividend of EUR 0.70 per share was distributed for the past 2018 financial year.

Portfolio

The portfolio contains, among other ultrasound systems , mammography , computed tomography , magnetic resonance imaging , angiography systems , conventional x-ray systems , sports medical diagnostic equipment, molecular medicine systems ( PET ∙ CT , SPECT ∙ CT , PET ∙ MR etc.), products for laboratory diagnosis and radiation therapy systems and particle therapy systems based on Particle accelerators . Siemens Healthineers also offers systems for medical information processing .

Siemens sold the hearing aid business, which had been in operation for decades, to the Swedish investment company EQT and the Strüngmann family in January 2015 . It will be continued by the Sivantos company ; the Siemens brand name will continue to be used under license.

Web links

Commons : Siemens Healthcare  - collection of images, videos and audio files

• Official website of Siemens Healthineers
• Siemens Company Museum for Medical Technology (Siemens MedMuseum)

Individual evidence

1. ↑ Annual financial statements of Siemens Healthineers AG Munich for the fiscal year from December 1, 2017 to September 30 , 2018 , available at bundesanzeiger.de
2. ↑ ^{a b} Annual Report 2019 , accessed on May 14, 2020
3. ↑ tasks of Siemens Healthcare
4. ↑ ^{a b c} Annual Report 2018 , accessed on December 14, 2018
5. ↑ The healthcare industry offers engineers good career opportunities. ingenieur.de, May 22, 2018, accessed June 28, 2018 . 
6. ^ Siemens AG: The milestones in medical technology - history of Siemens. May 4, 2016, accessed July 11, 2018 . 
7. ^ Joint spin-off report of Siemens AG and Siemens Healthcare GmbH dated December 2, 2015. (pdf) Siemens AG, accessed on January 8, 2018 . 
8. ↑ Siemens Healthineers - The new brand for Siemens' healthcare business. Siemens Healthineers, May 4, 2016, accessed May 7, 2016 . 
9. ↑ Billions in order: Siemens equips the US military with medical technology . March 29, 2017 ( handelsblatt.com ).
10. ↑ Kaeser extends and brings medical division to the stock exchange. In: Manager Magazin (online). August 3, 2017, accessed January 8, 2018 . 
11. ↑ Frankfurt is about to go public. In: Manager Magazin (online). November 29, 2017. Retrieved January 8, 2018 . 
12. ↑ Siemens Healthineers Announces Acquisition of Fast Track Diagnostics. Siemens Healthineers, December 15, 2017, accessed December 16, 2017 . 
13. ↑ Siemens Healthineers supplies corona tests. In: boerse.ARD.de. Retrieved April 29, 2020 . 
14. ↑ Siemens Healthineers wants to buy Varian for 16.4 billion dollars - DER SPIEGEL - Economy. Retrieved August 2, 2020 . 
15. ↑ Strategic partnership between Siemens and Varian. Retrieved August 2, 2020 . 
16. ↑ ^{a b} Siemens Healthineers AG starts successfully on the Frankfurt Stock Exchange. Retrieved December 14, 2018 . 
17. ↑ Deutsche Börse: Siemens Healthineers moves up to the TecDax . ( handelsblatt.com [accessed September 6, 2018]).
18. ↑ Wirecard rises: Founding member Commerzbank is thrown out of the Dax . In: FAZ.NET . ISSN  0174-4909 ( faz.net [accessed September 6, 2018]).
19. ↑ Share information. Retrieved December 14, 2018 . 
20. ↑ The Siemens hearing aid business now operates under the name Sivantos. (No longer available online.) Sivantos Pte. Ltd., January 16, 2015, archived from the original on February 15, 2016 ; accessed on August 8, 2015 .