Fresenius Medical Care announced today that the FDA granted 510(k) clearance for its Versi HD with GuideMe software. The completely reinvented, self-guided interface serves Fresenius’ VersiHD chronic home hemodialysis (HHD) system. It aims to transform the experience of HHD for both patients and nurses. Fresenius Medical Care’s NxStage designed VersiHD with GuideMe to provide graphical […]
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Fresenius Medical Care stock dips on mixed Q2 results
Fresenius Medical Care shares fell this morning on second-quarter results that came in mixed compared to the consensus forecast. Shares of FMS were down 2% at $25.33 apiece in early-morning trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — fell by nearly 1%. The Germany-based dialysis […]
Fresenius Medical Care joins health equity pledge
Fresenius Medical Care announced today that it joined the Zero Health Gaps Pledge at the World Economic Forum in Davos, Switzerland. As part of the Global Health Equity Network (GHEN), the pledge brings together stakeholders from the public and private sectors. In line with the UN Sustainable Development Goals, they aim to advance a collective […]
Fresenius Medical Care’s CEO leaves after two months in top spot
Fresenius said Fresenius Medical Care (NYSE:FMS) CEO Carla Kriwet will leave the company “at her own request and by mutual agreement due to strategic differences.” The Bad Homburg, Germany-based dialysis provider instead named Deputy CEO and CFO Helen Giza as the division’s next CEO. When announcing Kriwet’s promotion and Giza’s new role of deputy CEO […]
FDA clears heat purification, remote therapy from Fresenius
Fresenius Medical Care North America (FMCNA) recently announced FDA clearances for two of its technologies used in dialysis care. Today, the Waltham, Massachusetts-based company announced FDA clearance for the AquaA water system. The company designed it as a water purification system for hemodialysis. Yesterday, the FDA granted 510(k) clearance to upgrade Fresenius’ Liberty Select cycler. […]
Fresenius Medical Care reports labor issues, inflation challenges as it cuts 2022 outlook
Fresenius Medical Care (NYSE:FMS) shares are up slightly on second-quarter results that topped the consensus forecast. The Bad Homburg v. d. Höhe, Germany-based dialysis company posted profits of $150.3 million (€147 million), or 51¢ (€0.50) per share, on sales of $4.9 (€4.75 billion) billion for the three months ended June 30, 2022, for a 32.9% […]
The biggest medtech personnel moves so far in 2022
In the ever-changing world of medtech, those who are leading the companies are bound to move around a bit. At the end of last year, we compiled a list of medtech’s biggest personnel changes in 2021. So far in 2022, we’ve already seen a slew of major moves involving some of the space’s most powerful […]
FDA clears Fresenius’ next-gen portable automated peritoneal dialysis system
Fresenius Medical Care announced today it received FDA 510(k) clearance for its next-generation Versi PD cycler system. The company designed the portable automated peritoneal dialysis (APD) system (from Fresenius Medical Care North America) as a light, simple, quiet, portable and advanced platform for improving health equity by making home therapy a more feasible option for […]
Fresenius Kabi to acquire Ivenix and its smart infusion system for $240M upfront
Fresenius Kabi announced today that it will acquire Ivenix with plans to bring a comprehensive infusion product portfolio to the U.S. The acquisition, which has a purchase price of $240 million upfront, also includes potential milestone payments linked to achievements of commercial and operating targets. Get the full story at our sister site, Drug Delivery Business News.
Fresenius enters 3-way merger to create independent kidney care provider
Fresenius Medical Care announced today that it entered into an agreement to create a new company for providing kidney care. The agreement involves Fresenius Health Partners, Fresenius Medical Care North America’s value-based care division, entering into a combination with InterWell Health and Cricket Health. Both InterWell and Cricket represent U.S.-based kidney care providers, with Interwell […]
Siemens Healthineers executive to join Fresenius supervisory board
Fresenius SE & Co. KGaA announced today that it plans for Siemens Healthineers executive Dr. Christoph Zindel to join its Supervisory Board. Zindel will stand for election at Fresenius’ Annual General Meeting on May 13. A member of Siemens Healthineer’s managing board, Zindel’s responsibilities at the German medtech giant include imaging, advanced therapies, technology excellence, […]