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Fresenius Medical Care 

“At a Glance

  • Industry: Healthcare Services
  • Country: Germany
  • CEO: Rice Powell
  • Website: www.fmc-ag.com

Forbes Lists

#60 Innovative Companies (#59 in 2012)

Profile

Fresenius Medical Care AG & Co KGaA is a Germany-based holding and kidney dialysis company, operating in the fields of dialysis products and dialysis services. Its dialysis business is vertically integrated, providing dialysis treatment at its own dialysis clinics and supplying these clinics with a range of products. In addition, the Company sells dialysis products to other dialysis service providers. The Company operates in two business segments: North America and International. The North America segment consists of Renal Therapy Group and Fresenius Medical Services. The International segment consists of Europe and Latin America and one Asia-Pacific unit. During the year ended December 31, 2010, the Company’s subsidiary, U.S. Vascular Access Holdings, LLC, completed the acquisition of National Vascular Care Inc.; it acquired a total of 168 existing clinics, and acquired Gambro AB’s peritoneal dialysis (PD) business. The Company has a total of 1000 subsidiaries worldwide.”

“Fresenius Medical Care History

2012 Fresenius Medical Care marks production of 500,000th dialysis machine
2011 Worldwide expansion of the service business by the acquisitions of IDC, Liberty Dialysis Holdings Inc. and American Access Care
2010 Foundation of a joint venture to develop and sell drugs for patients with chronic kidney disease
2007 Fresenius Medical Care continues its success as the leading manufacturer of dialyzers, producing its 500 millionth dialyzer.
2006 Acquisition of Renal Care Group, Inc. and transformation of the legal form into KGaA
2005 Market introduction of new dialysis therapy system 5008
2003 Fresenius Medical Care is the leading dialysis company caring for more than 119,000 patients in own dialysis centers worldwide. With a production output of more than 50 million dialyzers per year a new record was set.
1999 At Fresenius Medical Care’s production facility in Schweinfurt, the 100,000th dialysis machine comes off the production line.
1996 Foundation of Fresenius Medical Care
(Merger of Fresenius Worldwide Dialysis and National Medical Care)
  Listing of Fresenius Medical Care Shares in Frankfurt and New York
1983 Production of Fresenius Polysulfone
1979 Newly acquired Schweinfurt factory manufactures A2008 dialysis machine
1966 Fresenius extends activities to sales of dialysis machines and dialyzers and gains substantial market share
1934 Production unit separated from the Hirsch Pharmacy and established in Bad Homburg
1912 Dr. Eduard Fresenius commences production of pharmaceuticals
1462 Foundation of the Hirsch Pharmacy in Frankfurt Fresenius family assumes ownership in the 18th century

*Information from Forbes.com and Fmc-ag.com

**Video published on YouTube by “FreseniusTV