About Siemens Healthineers AG (SHL.DE)

Company Description:

Siemens Healthineers AG is a prominent player in the healthcare industry, specializing in the development, manufacturing, and distribution of medical devices. The company focuses on diagnostic and therapeutic imaging, laboratory diagnostics, and molecular medicine, as well as digital health and enterprise services.

Founded as a separate entity under the Siemens AG umbrella, Siemens Healthineers was established on May 1, 2016, with its headquarters in Forchheim, Germany.

Main Product(s):

Siemens Healthineers' portfolio includes a wide range of medical devices and services, notably in diagnostic imaging (including computed tomography and magnetic resonance imaging), advanced therapies (such as angiography), and laboratory diagnostics.

Short History of Siemens Healthineers AG:

May 2016 - Siemens Healthineers was established as a distinct entity within Siemens AG.

March 2018 - The company went public on the Frankfurt Stock Exchange.

2020 - Acquisition of Varian Medical Systems, a significant move into cancer care.

2023 - Continued expansion into digital health solutions and artificial intelligence in healthcare.