Gambro acquires clinic in West Virginia
Gambro acquires clinic in West Virginia Stockholm, Sweden, September 25, 2000 - Gambro AB (OM Stockholm Exchange: GAMBaST, GAMBbST), a leading international medical technology and healthcare company, today announced that its wholly owned US subsidiary, Gambro Healthcare, Inc., ("Gambro") is in exclusive negotiations to acquire the dialysis services assets from St. Joseph's Hospital, located in Parkersburg, West Virginia. The clinic serves about 80 patients in the Parkersburg area and provides both hemodialysis treatments as well as homeservices. Gambro will also provide acute renal treatments at St. Joseph's. Dr. Matthew J. Godlewski will serve as the Medical Director for the new Gambro unit. St. Joseph's Hospital is a regional acute care facility located in Parkersburg, West Virginia, with a service area including three counties in Ohio and eight counties in West Virginia with a total population of 320,000. "We are very excited at the possibility of adding the Parkersburg dialysis center into Gambro. This acquisition, once consummated, will further demonstrate Gambro's commitment to providing high-quality care for our patients," stated Brad Nutter, President of Gambro. Gambro now owns, operates, manages or provides consulting services to about 500 dialysis centers in the United States that serve a total of about 37,500 patients. There are patients under treatment in centers across 31 states and the District of Columbia. Gambro is a leading provider of kidney dialysis services in the US. Gambro is a fully integrated service provider of renal replacement therapy. Its activities include physician practice management, dialysis services, and clinical laboratory services. For further information please contact: Bengt Modéer, Senior Vice President, Corporate Communications, tel. +46-8- 613 65 00, +46-70-513 65 33 Cindy Lyman or Kerry Schneider, Citigate Dewe Rogerson, New York, tel. +1- 212-688 6840 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/09/25/20000925BIT00400/bit0001.doc http://www.bit.se/bitonline/2000/09/25/20000925BIT00400/bit0002.pdf