Germany's WOM (World of Medicine) prepares for return to Berlin
This article was originally published in Clinica
German listed company World of Medicine (WOM) will propose to move its headquarters back to Berlin at its AGM in June, after six years of being based in Ludwigstadt/Oberfranken, in Bavaria. Under CEO Peter Wiest, the company transferred to the southern town in 2001, at the time of its IPO, but it now wants to return to its roots to benefit from proximity to its customers, universities and R&D institutes, and to be nearer to the political decision-making. Berlin houses an estimated 80 medtech companies and 70 clinics, along with its four universities and seven technical high schools.
You may also be interested in...
Erectile problems prevent a quarter of Brits from being intimate with a partner. Viatris' Upjohn - which markets Viagra Connect in the UK - is working with the Men’s Health Forum, sexual health charity Brook and dating expert Sarah Louise Ryan raise awareness of the problem and get men talking about the issue with their partners and with healthcare professionals.
Medtechs took a long look at themselves as they rose to the challenges of COVID-19. How they responded, repurposed and regrouped to tackle the coronavirus was both sobering and uplifting. The lessons of 2020 must be integrated into the digitally-enabled health care systems of 2021 and beyond.
Top 100 Review: The Calm Before The Storm – But Some Medtechs Already Reflect The Ravages Of COVID-19
2019 saw fewer revenues-boosting major acquisitions by top-tier medtechs. Companies that reported after the calendar year-end were the first to see the consequences of the pandemic on their annual figures.