• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Adding Fabrication Capabilities: Additive Manufacturing for Production Parts

    Delivering the Goods: The Evolving World of Combination Products

    Anxious Undertones: The 2019 Year in Review

    From Art to Science: The Changing Face of Extrusion

    Exact Science: A Micromolding Roundtable
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Top News
    FDA OKs Roche's Nasal Swab MRSA Test

    Philips & Paige to Deliver Clinical-Grade AI Applications to Pathology Labs

    Eye Test for Parkinson's Gains Breakthrough Designation

    Biomerics Forms New Business Unit

    J&J's New Monofocal IOL for Cataract Patients with Astigmatism
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Adding Fabrication Capabilities: Additive Manufacturing for Production Parts

    Delivering the Goods: The Evolving World of Combination Products

    Anxious Undertones: The 2019 Year in Review

    From Art to Science: The Changing Face of Extrusion

    Exact Science: A Micromolding Roundtable
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    From Genome Sequencing to the World’s First Portable MRI

    An Update on Digital Health

    ‘If You’re Reading This, You Need to Be at This Meeting’

    Five Steps for Succeeding Globally in Medtech

    Unlocking Market Doors with Real-World Evidence
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Lyons

    Nelson Laboratories LLC

    K-Tube Technologies

    FUTEK Advanced Sensor Technology Inc.

    Aran Biomedical
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    Understanding Key Processes for Mixing APIs with Silicone

    How to Minimize Color Variations in Your Medical Device

    Don’t Touch: Gesture Tech Is Reshaping How We Interact with Devices

    Revenue-Based Financing: A New Form of Growth Capital

    Pre-Filled Safety Syringes and the Self-Administration Trend
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Fusion Biotec Inc.

    FUTEK Advanced Sensor Technology Inc.

    Aran Biomedical

    Pulse Systems

    Eurofins Medical Device Testing
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • Podcasts
    • Resources
    • eBook
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    Fresenius Completes NxStage Acquisition

    Fresenius Medical Care has gained a portfolio of medical devices for use in home dialysis and critical care.

    Fresenius Completes NxStage Acquisition
    Related CONTENT
    • Sparton Corporation to Be Acquired by Cerberus
    • NAMSA Acquires Reimbursement Strategies LLC to Expand Device Development Services
    • Baxter Begins U.S. Trial for On-Demand Peritoneal Dialysis Solution System
    • ZOLL Acquires Payor Logic
    • Cantel Acquires Vista Research Group
    PR Newswire02.26.19
    Fresenius Medical Care, the world's largest provider of dialysis products and services, has successfully completed the acquisition of NxStage Medical Inc., following approval by antitrust authorities in the United States.
     
    NxStage develops, produces, and markets an innovative product portfolio of medical devices for use in home dialysis and critical care. The acquisition will enable Fresenius Medical Care to leverage its manufacturing, supply chain and marketing competencies across the dialysis products, services, and Care Coordination businesses in a less labor- and capital-intensive care setting.
     
    "The closing of this transaction is an important milestone in enhancing our patients' choice of dialysis treatment modality," said Rice Powell, CEO of Fresenius Medical Care. "By combining NxStage's capabilities with our broad product and service offering, we can help patients to live even more independently. In addition to broadening our product portfolio, this acquisition positions Fresenius Medical Care to benefit from the growing trend toward home-based therapies."
     
    Bill Valle, CEO of Fresenius Medical Care North America, said: "It's a great pleasure to welcome our new NxStage colleagues. With their strong culture of innovation and transformation, they will help us to realize our vision of delivering access to superior patient care and outcomes in a lower-cost-of-care home setting to all the patients we care for. We are excited to execute on a strategy that is good for patients, the healthcare system and us."
     
    NxStage, which just like Fresenius Medical Care North America has its headquarters in the Boston, Mass. area, was founded in 1998 and has approximately 3,800 employees worldwide. In 2017, NxStage delivered $394 million in revenue.
     
    The company now expects lower total integration costs of around EUR 50 to EUR 75 million over the three years following the closing of the transaction1. The table below provides the estimated effects of the NxStage acquisition on Fresenius Medical Care excluding these integration costs. The company assumes the full year effect of incremental intangible assets amortization to be in the range of EUR 70 to 80 million for the first two years, then drop to EUR 45 to 55 million thereafter. The company will update those numbers after a detailed assessment, if required.
     
    Revenues provided in the table below are lower than the historical reported revenues of NxStage due to the elimination of Fresenius Medical Care's contribution to these revenues, upon consolidation. Operating income is expected to improve from 2020 onwards due to realization of the anticipated synergies from the acquisition.
     
    All effects from the NxStage acquisition are excluded from the company's communicated targets 2019 and 2020.
     
    Reference
    1 The total integration costs are lower than previously communicated mainly due to costs that will be considered pre-merger expenses of NxStage, certain other costs that qualify for purchase accounting or as capital expenditures and previously recognized transaction and legal costs.
    Related Searches
    • fresenius medical care north america
    • Manufacturing
    • it
    • company
    Suggested For You
    Stryker Acquires Arrinex, Developer of Chronic Rhinitis Treatment Stryker Acquires Arrinex, Developer of Chronic Rhinitis Treatment
    NxStage Must Divest Bloodline Tubing Biz to B. Braun to Complete Fresenius Merger NxStage Must Divest Bloodline Tubing Biz to B. Braun to Complete Fresenius Merger
    Baxter Starts U.S. Clinical Trial for on-Demand Peritoneal Dialysis Solution System Baxter Starts U.S. Clinical Trial for on-Demand Peritoneal Dialysis Solution System
    FDA Clears Fresenius Kabi FDA Clears Fresenius Kabi's Fenwal Amicus Red Blood Cell Exchange Protocol
    Edwards to Acquire CASMED for $100M Edwards to Acquire CASMED for $100M
    Francisco Partners Acquires Qualcomm Life Francisco Partners Acquires Qualcomm Life
    Vance Street Capital Acquires Applied Plastics Vance Street Capital Acquires Applied Plastics
    Outset Medical Names New Members of Leadership Team Outset Medical Names New Members of Leadership Team
    Biocoat Inc. Acquired by 1315 Capital Biocoat Inc. Acquired by 1315 Capital
    Abbott to Acquire Cephea Valve Technologies Abbott to Acquire Cephea Valve Technologies
    AWAK AWAK's Wearable Dialysis System Wins Breakthrough Device Designation
    Cantel Acquires Vista Research Group Cantel Acquires Vista Research Group
    ZOLL Acquires Payor Logic ZOLL Acquires Payor Logic
    Baxter Begins U.S. Trial for On-Demand Peritoneal Dialysis Solution System Baxter Begins U.S. Trial for On-Demand Peritoneal Dialysis Solution System
    NAMSA Acquires Reimbursement Strategies LLC to Expand Device Development Services NAMSA Acquires Reimbursement Strategies LLC to Expand Device Development Services

    Related Breaking News

    • Diagnostics
      FDA OKs Roche

      FDA OKs Roche's Nasal Swab MRSA Test

      The cobas vivoDx MRSA test can detect the bacteria in as little as five hours.
      U.S. Food and Drug Administration 12.06.19

    • Diagnostics | Digital Health | Software & IT
      Philips & Paige to Deliver Clinical-Grade AI Applications to Pathology Labs

      Philips & Paige to Deliver Clinical-Grade AI Applications to Pathology Labs

      Aim is to help pathologists identify, quantify, and characterize cancer in tissue samples and make precise diagnoses more efficiently.
      Philips 12.05.19

    • Diagnostics | Neurological
      Eye Test for Parkinson

      Eye Test for Parkinson's Gains Breakthrough Designation

      The RightEye Vision System identifies ocular tremors that may help to detect the disease at an earlier stage.
      PR Newswire 12.05.19


    • Tubing & Extrusion
      Biomerics Forms New Business Unit

      Biomerics Forms New Business Unit

      Ends joint venture with ATL Technology.
      Biomerics LLC 12.05.19

    • Surgical
      J&J

      J&J's New Monofocal IOL for Cataract Patients with Astigmatism

      TECNIS Toric II 1-Piece IOL features more surface texture and friction on IOL haptics.
      PR Newswire 12.05.19

    • Patient Monitoring
      FDA OKs MolecuLight

      FDA OKs MolecuLight's Handheld Fluorescence Imaging Device

      MolecuLight i:X enables real-time POC visualization of fluorescence in wounds, measures wounds, and digitally records all images and area measurements.
      PR Newswire 12.05.19


    • Surgical
      First Surgical Robot to Achieve Breakthrough Status Granted to Vicarious Surgical

      First Surgical Robot to Achieve Breakthrough Status Granted to Vicarious Surgical

      The company also appointed former Verb Surgical leader Scott Huennekens to its Board of Directors.
      PR Newswire 12.05.19

    • 3D/Additive Manufacturing
      Tracheal Construct Bioprinted with Multiple Materials

      Tracheal Construct Bioprinted with Multiple Materials

      WFIRM scientists printed different designs of smooth muscle and cartilage regions in artificial tracheal substitutes.
      Wake Forest Baptist Medical Center 12.05.19

    • Packaging & Sterilization
      Viant to Halt EtO Sterilization at Michigan Plant by End of Year

      Viant to Halt EtO Sterilization at Michigan Plant by End of Year

      EGLE had been investigating over the past year and issued Viant several violations for inadequate capture and control of ethylene oxide emissions.
      Michigan Department of Environment, Great Lakes, and Energy (EGLE) 12.04.19


    • Surgical
      Grifols Introduces its First Plasma Protein-Based Biosurgery Product

      Grifols Introduces its First Plasma Protein-Based Biosurgery Product

      VISTASEAL, a fibrin sealant developed for biosurgical bleeding-control, contains a combination of two plasma proteins.
      Grifols 12.04.19

    • Diagnostics | Neurological
      RSNA News: MaxQ AI Expands Partnership with GE

      RSNA News: MaxQ AI Expands Partnership with GE

      MaxQ AI’s ACCIPIO ICH and Stroke platform will be integrated into GE Healthcare’s PACS solution.
      MaxQ Al 12.04.19

    • Diagnostics | Neurological
      RSNA News: MaxQ AI to Offer Accipio Applications on Blackford Platform

      RSNA News: MaxQ AI to Offer Accipio Applications on Blackford Platform

      Represents cost savings and increased quality of care.
      MaxQ AI 12.04.19

    • Surgical
      Levita Magnetics Reaches 1,000th Magnetic Surgery Milestone

      Levita Magnetics Reaches 1,000th Magnetic Surgery Milestone

      Technology offers patients a less invasive alternative in surgical procedures.
      Business Wire 12.04.19

    • New CEO for Modulim

      New CEO for Modulim

      Company promotes from within to fill top spot.
      Business Wire 12.04.19

    • Diagnostics
      Hyperfine Introduces World’s First Point-of-Care MRI System

      Hyperfine Introduces World’s First Point-of-Care MRI System

      The company's portable MRI is 20 times less costly, 35 times lower power, and 10 times lighter than the most popular current MRI machines.
      Business Wire 12.04.19


    Breaking News
    • FDA OKs Roche's Nasal Swab MRSA Test
    • Philips & Paige to Deliver Clinical-Grade AI Applications to Pathology Labs
    • Eye Test for Parkinson's Gains Breakthrough Designation
    • Biomerics Forms New Business Unit
    • J&J's New Monofocal IOL for Cataract Patients with Astigmatism
    View Breaking News >
    CURRENT ISSUE

    November/December 2019

    • Adding Fabrication Capabilities: Additive Manufacturing for Production Parts
    • Delivering the Goods: The Evolving World of Combination Products
    • Anxious Undertones: The 2019 Year in Review
    • View More >
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    International Scientific Society Calls for Omega-3 Blood Testing in Future Research
    Pharmactive Affron Saffron May Help Relieve Depression Symptoms
    Warmer Temperatures Could Lead to Concerning Levels of Arsenic in Rice
    Coatings World

    Latest Breaking News From Coatings World

    Cristo Rey High School Educator Named 2019 Axalta All-Pro Teacher of the Year
    Michelman Makes United Way of Greater Cincinnati’s List of Top 25 Corporate Campaigns
    BCF: Coatings Industry Reports Record Improvement in Waste, Recycling, Accident Rates
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FDA OKs Roche's Nasal Swab MRSA Test
    Philips & Paige to Deliver Clinical-Grade AI Applications to Pathology Labs
    Eye Test for Parkinson's Gains Breakthrough Designation
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Almac Awarded $1M BMGF Grant
    Vivera Pharma, Parexel Ink Clinical Services Agreement
    MedPharm Triples Capacity at RTP Site
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    WWP Wins Three NJPEC Awards
    Cat-Themed Beauty Collection to Launch in Japan
    Pantone Names Classic Blue the 2020 Color of the Year
    Happi

    Latest Breaking News From Happi

    Lip Lab Opening in Brooklyn
    Raining Rose Expands Exec Team
    Scott’s Sells Personal Care Production Site
    Ink World

    Latest Breaking News From Ink World

    ePac Flexible Packaging Expands into Asia Pacific Market
    Haney, HP Developing Sustainable Fashion Packaging for Heron Preston
    Addipel Moves to New HQ, Expands Production Facility
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    HP teams with Haney for sustainable packaging
    Tags & Labels Printing adds Heidelberg’s Versafire EP
    Austrian converter installs first Nilpeter press
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Thrace to Relocate U.S. Capacity
    FiltXPO Speaker Line-Up Announced
    Nölken Incorporates Sustainable Wipes Packaging
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Orthofix Appoints New Spine Business Leader
    Viant to Halt EtO Sterilization at Michigan Plant by End of Year
    Synaptive Medical's Modus V Expands Into Spine Market
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    IDTechEx Show! Announces Graphene Award Winner
    OE-A Continues to Bring Future of Printed Electronics to CES 2020
    Avancis, Smit Thermal, HZB, CNRS, Solliace Team for Higher Efficiencies in CIGS

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.