Fresenius Medical Care opens office in Myanmar to better address healthcare needs of the country
PUBLISHED ONJune 28, 2018 6:30 PM
YANGON, MYANMAR - Media OutReach - 28th June 2018 - Fresenius Medicare Care, the world's largest provider of dialysis products and services, is pleased to announce the opening of its office in Yangon, Myanmar. The move reinforces the company's commitment to support healthcare systems in providing quality care for patients with kidney disease worldwide.
With a population of over 55 million people and a growing demand for healthcare products and services, Myanmar represents an important community which Fresenius Medical Care is devoted to support. "Having a direct presence in Myanmar will enable us to better address the needs of patients, healthcare professionals and the wider community in the country," said Harry De Wit, President and CEO of Fresenius Medical Care Asia-Pacific today at a ribbon-cutting ceremony. "We will continue to identify and respond to the growing healthcare demands of the country as well as the entire Asia Pacific Region, providing our products and services to patients in need. By doing so we will be able to fulfil our vision - creating a future worth living for patients worldwide, every day."
Reforms have paved the way for Fresenius Medical Care to expand its footprint in Myanmar. Government spending on healthcare is on the rise but the burden of non-communicable diseases is growing. In Myanmar, the incidence rate of End-Stage Renal Disease (ESRD) is assumed to be high. Increasing awareness on kidney disease and the importance of standards of care is thus essential to improve the quality of life of patients across the country.
"We are committed to making a difference through collaborations with all stakeholders," Dr. Thurein Htun, Country Manager of Fresenius Medical Care in Myanmar said. "By leveraging Fresenius Medical Care's experience and expertise in dialysis, we look forward to developing partnerships that contribute to the sustainable development of the country and bring benefits to the patients with kidney disease."
"Fresenius Medical Care has invested significantly into bringing capabilities into Myanmar, including a nation-wide technical services team and application training specialists. A key objective of our market presence is to be able to develop skills within our local team to the stringent standards of Fresenius Medical Care -- ensuring a knowledge and know-how transfer into Myanmar with the ultimate objective of increasing patients' outcomes. In the future, we will also look into ways to better support the patients and wider communities in Myanmar through various initiatives which will make a lasting impact on the betterment of the healthcare system in Myanmar." Dr. Htun added.
The opening ceremony welcomed Ambassador of Germany to Myanmar, Her Excellency Dorothee Janetzke-Wenzel; Chairman of the Myanmar Kidney Foundation, Dr. Hla Aung; as well as senior officials, nephrologists and members of the business community.
ABOUT FRESENIUS MEDICAL CARE
Fresenius Medical Care is the world's largest provider of products and services for individuals with renal diseases of which around 3.2 million patients worldwide regularly undergo dialysis treatment. Through its network of 3,790 dialysis clinics, Fresenius Medical Care provides dialysis treatments for 322,253 patients around the globe. Fresenius Medical Care is also the leading provider of dialysis products such as dialysis machines or dialyzers. Along with its core business, the company provides related medical services in the field of Care Coordination. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS).
DISCLAIMER
This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including changes in business, economic and competitive conditions, regulatory reforms, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care AG & Co. KGaA's reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.
