“We are excited to collaborate with 21st Century Oncology to expand our reach in a significant new market for GenesisCare and bring U.S. patients the benefits of one of the largest, high quality cancer care networks in the world,” Mr. Collins said.
21st Century Oncology Chief Executive Officer, Kim Commins-Tzoumakas, welcomed the collaboration.
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“We sought to find the best partner to take the next step with us in growing and improving the premier integrated cancer care network we have built in the United States,” Ms. Commins-Tzoumakas said.
“We are confident that we have found that partner in GenesisCare to bring together the right resources, world-class medical professionals and the innovative technology required to provide the best medical care and advancements to our patients and those who support them.”
GenesisCare continually advances services by adopting the latest clinical guidelines and using real world evidence to refine the treatment process. Central to the company’s patient-centric mission is the adoption of new treatment techniques, the use of advanced technology and conducting research and clinical trials that put the patient first.
The announcement of this transaction comes in the same year as GenesisCare welcomed new Board Chair, Dr. Brian McNamee, who is also Chair of the Board at global biotech company CSL.
GenesisCare founder Dan Collins, who established the organization in 2004, continues to lead the company as GenesisCare’s global CEO.
The sale of 21st Century Oncology is subject to customary regulatory reviews and is expected to close by mid-2020.
About GenesisCare:
GenesisCare delivers treatment to people with cancer and heart disease, the two largest disease burdens globally. We’re committed to leading the change in how care is given and are currently leading or participating in more than 150 clinical trials. The organization employs more than 3000 highly trained healthcare professionals and support staff across Australia and Europe, including some of the world’s most experienced specialists. Every year GenesisCare clinical teams see more than 160,000 people at more than 160 locations. For cancer treatment, that includes 14 centers in the UK, 21 in Spain and 37 in Australia, with more than 30 new centers under development. We also offer cardiology and sleep services at more than 90 locations across Australia. Our purpose is to design care experiences that get the best possible life outcomes. We believe that care should be focused on the individual, not the condition, and are proud of our world-class patient satisfaction ratings.
