Siemens Healthineers starts Diagnostics carve-out, names unit Olyrian
05/11/2026 06:00
Siemens Healthineers starts Diagnostics carve-out, names unit Olyrian Nov 5 - German medical technology company Siemens Healthineers SHLG.DE said on Thursday it had begun carving out its diagnostics business, which it plans to rebrand as Olyrian Diagnostics ahead of a future divestment.
The company said the separation process had started and was expected to be completed by mid-2028.
Olyrian Diagnostics will remain part of Siemens Healthineers during the transition period. The business produces more than 16 billion diagnostic tests annually.
(Reporting by Kira Britten; Editing by Matt Scuffham)
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Siemens Healthineers starts Diagnostics carve-out, names unit Olyrian