ADDITIONAL INFORMATION AND WHERE TO FIND IT. The seamless integration of Elekta’s MOSAIQ® Oncology Information System (OIS)* and Varian’s TrueBeam™ radiation therapy system is enabling the introduction of new OIS functionality, such as flattening filter free definition, delivery and alerts and enhanced communication capabilities. With no competing vendor today able to match this capability in Oncology IT, the potential long-term benefits for Siemens’ digital strategy with Varian far outweigh the risks of integration. That is why our Board is confident that combining with Siemens Healthineers is the right path forward for Varian – delivering immediate and compelling value to our shareholders, while bringing us even closer to our transformative vision of a world without fear of cancer.”. 6 21 Clinical reference dosimetry The same data set is planned and measured semi -annually for each linac / MLC. This announcement is not directed to, or intended for distribution to or use by, any natural person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. Summary. Intelerad Medical Systems acquires Digisonics, Inc. Several of the models and energy combinations had multiple measurements. This transaction builds on this long-standing partnership to develop improved cancer therapy solutions – from imaging for treatment planning to focused radiation therapy – for efficient workflow and effective, personalized treatment. Other companies that report or describe similarly titled alternative performance measures may calculate them differently, which may therefore not be comparable.Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures to which they refer. Today, Siemens Healthineers AG (Frankfurt: SHL) and Varian Medical Systems, Inc. (NYSE: VAR) announced that they have entered into an agreement, pursuant to which Siemens Healthineers shall acquire all shares of Varian for USD 177.50 per share in cash. Additional information regarding the persons who are, under the rules of the SEC, participants in the solicitation of the stockholders of Varian in connection with the proposed transactions, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement when it is filed with the SEC, free copies of which may be obtained as described in the preceding paragraph. Yet it is the intention and message that Siemens Healthineers is sending with the Varian acquisition that has is perhaps most impressive; despite the turmoil and challenges facing markets today, it fundamentally believes in its strategy to reinvent its healthcare business and target precision medicine long term. Varian is expected to positively contribute to Siemens Healthineers adjusted basic EPS3 within the first 12 months after closing of the acquisition. For this purpose, Siemens Healthineers intends to increase the share capital by issuing new shares with subscription rights expected to be excluded. Assuming integration with Siemens’ broader portfolio is not too bumpy, it is already clear how the different software assets of the Varian business sit well with Siemens’ digital strategy. The neutron fluence measured in the patient plane was independent of the surface area of the room, suggesting that The Clinac 2100C and 2300C machines have similar cone ratio values for all cone sizes and energies, but the values for the Clinac 2500 are substantially different. This process began with the sale of its EMR business to Cerner for $1.3B back in 2015, with notably reduced marketing focus and bidding or deal activity on big imaging management deals (PACS, VNA etc.) Electrons accelerating process in a standing wave side coupled structure: Dr. Roland Schmidt, Siemens AG, Medical and industrial applications of linear electron accelerators, 27.04.2009 The proposed merger will be submitted to the stockholders of Varian for their consideration and approval. It is planned that the remaining amounts under the bridge facility will be refinanced through debt provided by Siemens AG or one of its subsidiaries to Siemens Healthineers. Would you like to provide detailed feedback? The Elekta cone ratio values for sizes greater than 10 × 10 cm 2 decrease with energy, but increase with energy for the smaller cones. Couple that expertise with Varian's field and they will gain a considerable edge over Elekta. Air Sampling Kit; Alloy Dispensers; Block Cutting. The deal, once completed in 1H 2021, also now puts Siemens Healthineers in an exclusive club of medical technology companies with annual revenues above $20B, with a potential position as the third largest public firm globally (based on 2019 revenues, behind Medtronic and Johnson and Johnson). Many healthcare providers have become increasingly beleaguered by the challenges of digitalisation today, especially in terms of complex integration of diagnostic and clinical applications across the healthcare system. Siemens Healthineers and Varian announced a deal whereby Siemens Healthineers will acquire the world-leading radiation oncology company for $16.4B in cash. including models from Varian, Siemens, Elekta/Philips, and General Electric, was measured using gold-foil activation. Following the closing of the acquisition, Siemens Healthineers aims for EBIT synergies of at least EUR 300 million per annum in fiscal year 2025. Accuray Linear Accelerators. Varian Single Energy Linear Accelerators* Elekta Linear Accelerators. Varian is expected to positively contribute to Siemens Healthineers adjusted basic EPS 3 within the first 12 months after closing of the acquisition. Secondary neutron spectra from modern Varian, Siemens, and Elekta linacs with multileaf collimators Neutrons are a by-product of high-energy x-ray radiation therapy (threshold for [gamma,n] reactions in high-Z material -7 MeV). Varian. However, the total neutron fluence and ambient dose equivalents were found to be highest for Varian and lower for Siemens and Elekta linacs. Varian’s Board of Directors unanimously approved the agreement and recommends to the Varian shareholders also to approve the agreement. Get in touch. At the same time, significant growth in therapeutic innovations is driving demand for personalized diagnosis and therapy planning, implementation and monitoring. Huestis Styroformer; Block Making; Block Room Tools. It is therefore hard to argue that the Varian acquisition can be viewed as anything but positive for Siemens Healthineers. INTRODUCTION Radiation therapy can be delivered using several commer-cially available medical linear accelerators linacs . Siemens Healthineers plans to replace up to approximately 50 percent of the amount available under the bridge facility granted by Siemens Finance B.V. through the issuance of equity. While the Radiation Therapy hardware business has gained most attention for its potential impact on Siemens Healthineers’ business, Varian’s software business is arguably its most valuable jewel, hitting almost $600m and 18% YoY growth in FY19. The Aria Oncology Information System platform will provide an entry point for Siemens to build on clinical outcome improvement in Oncology (along with Noona/360 Oncology) while also integrating diagnostic content from the Siemens syngo imaging and AI-radiology applications. While still early in this transformation, this approach is tapping into the main challenges facing most healthcare providers today; improving clinical outcomes at net neutral or reduced cost, better managing and reducing Total Cost of Ownership (TCO) and implementing autonomous technology to augment clinical and diagnostic practice. RapidPlan. Radiation Products Design, Inc. View PDF Catalog Closeout Items . Varian has helped pioneer new stereotactic treatment technologies. Combining this with Siemens’ extensive business in diagnostic imaging and diagnostics will create a product line-up that no major peer can today match. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Siemens Healthineers to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. In a first step, Siemens Healthineers plans to place new shares without a prospectus, depending on market conditions, still within calendar year 2020. We’re dedicated to forging a new, more unifying, smarter standard of oncology—connecting us all through more intelligent data, insights, and solutions to realize our vision of a world without fear of cancer. Varian Single Energy Linear Accelerators. He has been Acting CEO since early June 2020. pulse magnetron intended primarily for linear accelerators. Radiosurgery. These statements contain the words "anticipate", "believe", "intend", "estimate", "plan", "expect", "target" and "will" and words of similar meaning. Each of the Companies referred to in this announcement, the relevant group entities and their respective affiliates, agents, directors, officers, employees and advisers, expressly disclaims any obligation or undertaking to update any forward-looking statements contained herein. in North America in recent years. Siemens Healthineers and Varian Medical announce $16.4B deal in all-cash transaction on 2 nd August 2020; Deal expected to close in 1H 2021 ; Varian Medical will maintain brand name and operate “independently” Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of transaction; News of the deal between Siemens Healthineers and Varian Medical will have caught … This corresponds to a purchase price of approximately USD 16.4 billion. Varian’s decades of progress in developing and delivering multidisciplinary, integrated cancer care has kept the company at the forefront of innovation for more than 70 years. Siemens Linear Accelerators* Linear Accelerator Buying Resources. Learn More. Our Combination with Siemens Healthineers Varian has entered into a definitive agreement to combine with Siemens Healthineers. Siemens Healthineers is creating an unprecedented, highly integrated portfolio for the global fight against cancer,” said Prof. Dr. Ralf P. Thomas, Chairman of the Supervisory Board of Siemens Healthineers AG. Full Machines. The International Agency for Research on Cancer2 expects the prevalence of cancer to almost double between 2010 and 2030, with more than 50 percent of all cancer patients undergoing radiotherapy. Varian Part Number: 10001301301 Download Data Sheet. Radiation Therapy hardware (linear accelerators, or linac), is the lion’s share of Varian’s business, for which it is market leader holding over 55% of the global installed base in 2019. Siemens. As alluded to in our introduction, perhaps most intriguing is the bullish signal Siemens Healthineers has made to its customers and the wider market about its future. The Healthineers 2025 strategy identified three clear stages of transformation, with “reinforcing the core portfolio” the key aspect of 2017-2019 post IPO. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Siemens Healthineers’ financial position, business strategy, the expected financial impact of the acquisition of Varian (including costs and revenue synergies), plans and objectives of management for future operations (including the achievement of costs and revenue synergies) are forward-looking statements. Quiz: Is a Pre-Owned Linac Right For Me? Three benefits of the deal are clear at first glance. In fiscal year 2019, the company generated revenues of USD 3.2 billion with an adjusted operating margin of approximately 17 percent. Siemens Healthineers plans to finance the acquisition of Varian with a mix of debt and equity. The Varian software suite is one of the few premium full-featured oncology IT portfolios available today, competing mostly against main rival Elekta, generalist oncology information system modules from EMR vendors (few of which have the same capability) and a host of smaller standalone specialist IT vendors. Varian investors and stockholders may obtain a free copy of documents filed by Varian with the SEC at the SEC's website at www.sec.gov. However, the Varian deal has just made it very clear that Siemens Healthineers has emerged from the IPO with big ambitions and firepower to match. Varian; Siemens; Elekta; Thyratrons & Magnetrons Product Registration; Warranty Claim; Resources; Sign in; Create an Account ; Menu. With a holistic approach to cancer care, the company is increasingly leveraging technologies such as artificial intelligence, machine learning and data analysis to further improve cancer treatment and expand access to care. Together with Varian's outstanding and passionate employees, we will shape the future of healthcare more than ever before,” said Dr. Bernd Montag, CEO of Siemens Healthineers AG. www.signifyresearch.net, Web: Its acquisition of Varian Medical Systems for $16.4bn in cash is the biggest healthcare deal of 2020, and a bold move at a time of investor apprehension about procedure volumes in the near future. These documents are available under the following internet link https://www.corporate.siemens-healthineers.com/investor-relations/presentations-financial-publications. RSA Insight: The impacts of delayed early screening diagnoses on cancer treatment results due to Covid-19. Key words: neutron, MLC, spectrum, ﬂuence, Varian, Siemens, Elekta, high-energy I. 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Thirdly, Varian has grown to a size where progressing to the next level of growth will require substantial investment in operations and new market channels. Such debt will be raised externally by Siemens AG and then be passed on to Siemens Healthineers through loans at market conditions. Elekta models SL20 and SL25 ~Elekta Oncology This frustration is especially common in Oncology, which sits at the convergence of major departmental and enterprise IT systems, including the EMR, laboratory, radiology, and surgical segments. Phone: 800-497-2071 or 763-497-2071 Fax: 763-497-2295 Email: firstname.lastname@example.org. Instead, Siemens Healthineers has channelled its digital efforts on three main areas where it has specialist capabilities: advanced visualisation and access to artificial intelligence for image analysis; digitalisation of advanced imaging hardware modalities, including driving efficiency for fleet management and radiology operations; and lab diagnostics automation. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. Treatment planning. Siemens Healthineers and Varian and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Varian in respect of the proposed transactions contemplated by the proxy statement. Information regarding Varian’s directors and executive officers is contained in Varian’s Annual Report on Form 10-K for the year ended September 27, 2019 and in the proxy statement for Varian’s 2020 annual meeting of stockholders on Schedule 14A, dated December 20, 2019, both of which are filed with the SEC. Siemens has for some time been gradually changing direction in its digital strategy, away from large enterprise data management segments towards more targeted diagnostic and operational products. With Siemens Healthineers, we will transform care for a greater number of patients worldwide, as well as broaden opportunities for our employees as part of a larger and more global organization. Before making any voting decision, Varian stockholders are urged to read the proxy statement in its entirety, when it becomes available, and any other documents to be filed with the SEC in connection with the proposed merger or incorporated by reference in the proxy statement, if any, because they will contain important information about the proposed merger and the parties to the proposed merger. Flotation of the Healthineers business segment on the German stock market raised a few eyebrows back in 2017, but with Siemens AG retaining 85% of the stock, many observers postulated little change to the fortunes of the well-known business; an unwieldy technical hardware leader facing an uphill battle in an increasingly digital market. ESTRO . However, the total neutron fluence and ambient dose equivalents were found to be highest for Varian and lower for Siemens and Elekta linacs. In addition, Varian investors and stockholders may obtain a free copy of Varian’s filings with the SEC from Varian’s website at http://investors.varian.com/SECfilings or by directing a request by mail or telephone to: 3100 Hansen Way, Palo Alto, CA 94304-1038, United States, F: +1(650)493-4000. Once the SEC completes its review of the preliminary proxy statement, a definitive proxy statement and a form of proxy will be filed with the SEC and mailed or otherwise furnished to the stockholders of Varian. Several of the models and energy combinations had multiple measurements. From the physicist point of view, a very important issue is the homogeneity of the beam parameters. Dutch Philips is rumored to be the other bidder in Varian, and hence also rumored to be interested in Elektra. Siemens Linear Accelerators. Replacement Parts for Top Name Brand Linear Accelerators, Radiation Therapy and Radiography Equipment RadParts offers linear accelerator replacement parts, accessories & consumables for your Varian, Siemens, Elekta, Philips, GE and most other linear accelerator, radiation therapy and … Previous; Next; Shop For. The issuance of new shares will raise the free float and presumably the trading volumes of Siemens Healthineers shares. News. The acquisition therefore opens a new growth market for Siemens Healthineers to offset the gradual slowing demand for its advanced imaging modality (MRI, CT) business, a more competitive and mature segment. 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