Fresenius (company)
Fresenius SE & Co. KGaA is a global healthcare group based in Bad Homburg, Germany. It operates in the fields of dialysis, hospital management, and medical technology.
History
Fresenius was founded in 1912 by Eduard Fresenius, a pharmacist who inherited the Hirsch Pharmacy in Frankfurt. Initially, the company focused on producing pharmaceuticals and medical supplies. Over the decades, Fresenius expanded its operations and entered the field of dialysis, becoming a leader in the production of dialysis machines and related products.
Business Segments
Fresenius operates through four main business segments:
Fresenius Medical Care
Fresenius Medical Care is the world's largest provider of products and services for individuals with chronic kidney failure. It offers dialysis services and manufactures dialysis equipment.
Fresenius Kabi
Fresenius Kabi specializes in lifesaving medicines and technologies for infusion, transfusion, and clinical nutrition. It focuses on the therapy and care of critically and chronically ill patients.
Fresenius Helios
Fresenius Helios is Europe's largest private hospital operator. It manages hospitals in Germany and Spain, providing a wide range of healthcare services.
Fresenius Vamed
Fresenius Vamed provides services for hospitals and other healthcare facilities, including project development, planning, and management.
Corporate Structure
Fresenius SE & Co. KGaA is a Kommanditgesellschaft auf Aktien (KGaA), a type of German partnership limited by shares. The company is publicly traded and listed on the Frankfurt Stock Exchange.
Global Presence
Fresenius operates in over 100 countries worldwide, employing more than 300,000 people. Its global reach allows it to serve a diverse patient population and adapt to various healthcare systems.
Innovation and Research
Fresenius invests heavily in research and development to advance medical technology and improve patient care. The company collaborates with academic institutions and participates in clinical trials to bring new therapies to market.
Sustainability and Corporate Responsibility
Fresenius is committed to sustainable business practices and corporate responsibility. It focuses on reducing its environmental impact, ensuring ethical business conduct, and contributing to the communities it serves.
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Contributors: Prab R. Tumpati, MD