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Thursday, November 2, 2023

Siemens Healthineers Weighs Options for Diagnostics Arm

  • German medical equipment group seeks to streamline operations
  • In-vitro diagnostics business could fetch up to $8 billion

 

Siemens Healthineers AG is reviewing its diagnostics segment as the German company seeks to streamline its operations, people with knowledge of the matter said.

Frankfurt-listed Siemens Healthineers is working with advisers to study options for the division, according to the people. The review could lead to a sale or carveout of its in-vitro diagnostics operations, which test samples of blood and tissue to identify diseases and infections, they said.

https://www.bloomberg.com/news/articles/2023-11-02/siemens-healthineers-is-said-to-mull-options-for-diagnostics-arm

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