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According to company officials, this new business is integral to Siemens’ overall strategy to help its customers improve workflow throughout the healthcare enterprise. Bringing together the entire medical imaging, laboratory diagnostics, and clinical IT value chain under one roof puts Siemens in a unique position to leverage trendsetting technologies for an improved quality of patient care at reduced costs.

“With the acquisitions of DPC and Bayer Diagnostics, we invested heavily in a future oriented and growing market in the health care sector. We see tremendous potential for Siemens Medical Solutions Diagnostics and have high expectations for the new unit,” said Klaus Kleinfeld, chief executive officer of Siemens AG.

Siemens Medical Solutions Diagnostics’ top management consists of managers with many years of experience in the health care business: Anthony Bihl, previous president of the Diagnostics division of Bayer Healthcare LLC, has been named as chief executive officer; Sid Aroesty, who served as president and chief operating officer of DPC, was nominated chief operating officer of the new business; and Jochen Schmitz, previous chief financial officer of the Siemens Medical Solutions Molecular Imaging division, will assume the chief financial officer role.