Asia is an important growth market for Fresenius Medical Care. Approximately 620,000 patients with chronic kidney failure are currently being treated in this region, and every year this number increases by about 10 to 11%. We will continue to take advantage of this growth potential. The significant demand for dialysis services offers substantial opportunities to expand our network of clinics in the Asian countries.
In 2008, Fresenius Medical Care achieved sales of US$ 606 million in the Asia-Pacific region. Our goal is to continue our strong organic growth and to increase sales to more than US$ 800 million in constant currency by 2010.
| FRESENIUS MEDICAL CARE IN ASIA |
|||
| 2008 | 2007 | Change | |
| Sales (in million US$) | 606 | 541 | 12% |
| Employees (December 31) | 3,558 | 3,095 | 15% |
| Dialysis patients (December 31) | 9,158 | 7,789 | 18% |
| Dialysis treatments (million) | 1.34 | 1.21 | 11% |
| Dialysis clinics (December 31) | 125 | 105 | 19% |
With the acquisition of APP Pharmaceuticals, Fresenius Kabi has achieved a leading position in the global market for intravenously administered generic drugs. APP Pharmaceuticals has a strong drug registration portfolio pending and over 70 products under development, opening up new growth opportunities.
At the same time, we are seizing the opportunity of introducing selected Kabi products into the US, with initial focus on parenteral nutrition. We are also planning to launch selected APP IV drugs outside the US.
| APP PHARMACEUTICALS IN FIGURES |
|
| 2008 | |
| Sales | US$ 777 million |
| EBITDA, adjusted* | US$ 317 million |
| EBITDA margin, adjusted* | 40.8% |
| Employees (December 31, full-time equivalent) | 1,487 |
| Production facilities | 3 |
| Produkte | >100 |
| Number of products | ~17% |
|
* |
Non-GAAP item |
At Fresenius Helios, our commitment is to provide the highest medical quality and care. We aim to offer advanced and proven best-in-class diagnosis and treatment methods for the benefit of our patients. We continuously invest in high-quality, state-of-the-art medicine, and aim to measure and improve the quality of medical care.
Our target ist that our quality indicators should be better than the German average. With a mortality rate of SMR < 1, this was accomplished, among others, for major illnesses shown below.
| HELIOS QUALITY INDICATORS |
||
|
Indications/ standardized mortality rate (SMR)* |
2008 SMR |
2007 SMR |
| Acute myocardial infarction | 0.73 | 0.79 |
| Heart failure | 0.73 | 0.85 |
| Stroke | 0.83 | 1.01 |
| Acute cerebral infarction | 0.81 | 0.99 |
| Pneumonia | 0.71 | 0.85 |
| * | SMR of 1 corresponds to the German average. SMR < 1 means that the mortality rate is below the German average, e.g. by 29% for pneumonia. |
| More information is available at: www.helios-kliniken.de/Medizinische Qualität/Transparenz/Medizinische Jahresberichte (in German only). | |
Fresenius Vamed is a leading international provider of services in the planning, construction, and management of health care facilities. Our complete value chain and our more than 25 years of international experience are key to providing effective support for hospitals at every stage of their life cycle, and thus contributing towards their successful operating performance. For us, each project is another opportunity to prove our competence.
Hospitals face the dual challenge of increasing efficiency and reducing expenditure. We support hospitals by offering comprehensive process know-how and by taking over medical-technical services and management functions.
| VAMED SERVICES |
|
| Service contracts* for | 140 clinics |
| ~ 50,000 beds | |
| among others: | |
| Vienna General Hospital and University Clinics (AKH) | ~ 2,100 beds |
| Charité Hospital Berlin | ~ 3,200 beds |
| University Clinic Hamburg-Eppendorf | ~1,370 beds |
| Prince Court Medical Center, Kuala Lumpur | ~ 330 beds |
| Al Ain Hospital, Abu Dhabi | ~ 450 beds |
| * | Cumulated, as of start of the business activities. |
Sales by activity were as follows:
| in million € |
2008 |
2007 |
| Sales of services | 7,614 | 7,293 |
| Sales of products and related goods | 4,380 | 3,786 |
| Sales from long-term production contracts | 341 | 278 |
| Other sales | 1 | 1 |
| Sales | 12,336 | 11,358 |
A sales analysis by business segment and region is shown in the segment information.
