dismiss

Come visit us at Booth 901 at AHRMM in Washington, DC
Mark your calendars! On August 2nd is our upcoming LIVE Clean Sweep Auction

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

 

Business Affairs Homepage

GE Healthcare, Jefferson Health partner for $1 billion in efficiencies Eight-year deal will put over 100 GE staffers into 13 network hospitals

Higher upfront hospital inpatient spending reduces Medicare deaths and overall costs Figuring out what constitutes wasteful spending in health care

GE Healthcare acquires consulting firm Novia Strategies Company helped hospitals save hundreds of millions of dollars

Philips to enhance therapeutic offerings via dual acquisitions Innovating interventional procedures with Spectranetics and CardioProlific

Konica Minolta to acquire Ambry Genetics in $1 billion deal Will be 'first in a series' of precision medicine acquisitions

Commission alleges Canon's Toshiba Medical acquisition breached EU rules Fine could hit $2.9 billion

New research finds physician-hospital consolidation raises prices Horizontal and vertical integration are at play

Hologic takes FujiFilm to court over patent infringement The suit alleges that five patents in total are infringed upon

Cardiac remote monitoring firms to pay $13 million in fraud resolution Accused of billing Medicare for more costly cardiac monitoring than was needed

Survey finds most physicians view MACRA requirements as 'very burdensome' AMA offers resources to help

Siemens to launch $300 million Massachusetts facility expansion

by Thomas Dworetzky , Contributing Reporter
Siemens Healthineers is making another move at its Walpole, Massachusetts, facility.

The company has announced that it plans to pour about $300 million into the laboratory diagnostics manufacturing and research and development site.

Story Continues Below Advertisement

ACTIONABLE PATIENT DATA WHERE YOU NEED IT

Spacelabs Xpressnet maximizes clinical and IT efficiencies by integrating patient monitoring data with your EMR, alarm notification systems and clinical databases for streaming analytics. Read more>>>



“With a 37-year history of manufacturing products in Walpole, we saw an opportunity to leverage the local talent in the community to further our growth and expansion plans,” Franz Walt, President of Laboratory Diagnostics for Siemens Healthineers, said in a statement.

The plan calls for the investment to stretch through a four-year time frame.

“The expansion of the Walpole facility fits into the strategic growth plans for the company and allows us to increase our manufacturing footprint in the United States, the largest health care market in the world,” said Bernd Montag, chief executive officer, Siemens Healthineers.“The laboratory instruments and reagents developed and manufactured at the Siemens Healthineers Walpole facility impact patients and health care providers across the globe.”

The company thanked Walpole, the Massachusetts government and Representative Stephen Lynch for their support via an official tweet,

"Thanks to support from Walpole, ‪@MassGov and ‪@RepStephenLynch, we're expanding our manufacturing and R&D site”

The facility plays a large role in the local economy, with over 700 employees.

“I am proud that Siemens has chosen to grow its laboratory diagnostics unit in Massachusetts,” said Governor Charlie Baker. “The Commonwealth is pleased to continue building a pro-growth economic environment that creates more jobs for our communities, and remains focused on supporting globally competitive life sciences and advanced manufacturing. I thank Siemens Healthineers for their commitment to Massachusetts, and look forward to continuing to partner with the company to move this important economic development project forward.”

Walpole is the main manufacturing facility for assays that run on the ADVIA Centaur family of immunoassay instruments, and for consumables for the company's molecular and blood gas testing instruments, according to Siemens.

Plans also now call for the plant to produce the assays that will run on the immunoassay module of the Atellica Solution, currently under FDA review.

The new buildup at the site is slated to start with work on existing structures in the next few weeks, and will ultimately allow for upgrading and expansion of the existing 500,000 sq. ft. complex.
  Pages: 1 - 2 >>

Business Affairs Homepage


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2017 DOTmed.com, Inc.
ALL RIGHTS RESERVED