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Siemens develops new entity

The acquisition of Bayer Healthcare’s diagnostic division by Siemens Medical Solutions has been completed. Bayer Diagnostics and Diagnostic Products Corporation (DPC), acquired in July 2006, were merged into a single business unit on 1 January 2007.

The new entity, “Siemens Medical Solutions Diagnostics,” is a wholly owned subsidiary of Siemens Medical Solutions USA Inc and employs more than 8,000 people worldwide. Siemens Medical Solutions Diagnostics, headquartered in Tarrytown, N.Y.

and Los Angeles, CA, holds a number two position in the worldwide immunodiagnostics market.

This new business is integral to Siemens’ overall strategy to help its customers improve workflow throughout the healthcare enterprise. Bringing together the entire medical imaging, laboratory diagnostics and clinical IT value chain under one roof puts Siemens in a unique position to leverage trendsetting technologies for an improved quality of patient care at reduced costs.

Siemens Medical Solutions Diagnostics maintains market leading positions in the fields of clinical chemistry, patient tests, laboratory automation and blood cell diagnostics.

The company also develops solutions for the rapidly growing markets of molecular diagnostics and gene analysis with the aim of continuing to improve personalised medicine. The company will also offer a comprehensive portfolio for the diagnosis and treatment of a wide array of illnesses such as adrenal/pituitary dysfunction, allergy, anemia, diabetes and reproductive and thyroid disorders, infectious diseases, kidney ailments, cardiology, oncology, diabetes and virology.

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