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Mölnlycke Health Care wins Swedish Sustainability Tech award
Gothenburg, Sweden. 26 November 2024. The award ceremony was held on 25 November at the Nobel Prize Museum in Stockholm, Sweden where Susanne Larsson, CFO & EVP IT, Digital Enablement, GBS and Indirect Procurement and Caterina Camerani, VP Sustainability at Mölnlycke, accepted the award on behalf of the company. “Our ambition is to transform our business to become a global leader in sustainable healthcare. This award is proof that we are on the right track. We are dedicated to equipping our customers with innovative and sustainable healthcare solutions – for our customers, our employees, our communities and the planet,” says Caterina Camerani, VP Sustainability at Mölnlycke. Mölnlycke ProcedurePak® trays enhance efficiency¹ and help decarbonise healthcare by reducing waste and greenhouse gas (GHG) emissions². ProcedurePak® offers a sterile tray with all necessary components, reducing setup time in the Operating Room by up to 40%¹, and packaging waste by up to 90%² compared to procedures conducted with single-packed products. In one tray package, hospitals can simplify procurement and help ensure patient safety³. The streamlined workflow decreases manual tasks, alleviating stress and freeing up more time for healthcare professionals to focus on patient care. Digital tools like the Mölnlycke Portal and CO2 calculator together with ProcedurePak® Value Report allow hospitals to quantify reductions in waste and GHG emissions, aligning with both sustainability and operational objectives. The judging panel commented: “In recognition of outstanding contributions to sustainability and innovation, this year’s Swedish award celebrates a project that has significantly enhanced operational efficiency while reducing environmental impact. Their commitment to sustainability is further demonstrated by reducing waste, CO2 emissions and preparation time while ensuring patient safety.” For more information, please contact: [Contact card] Sofia Lindqvist About the Cagemini Nordic Sustainability Tech Award The Capgemini Nordic Sustainability Tech Award celebrates organisations across the Nordic region creating innovative technology solutions for a sustainable future. The urgency of the global climate crisis demands ground-breaking technology and IT service innovations that scale across industries. The Nordic Sustainability Tech Award celebrates the inspirational tech pioneers pushing the boundaries of sustainable IT and their role in limiting the environmental and social impact of climate change. References 1 Greiling. A multinational case study to evaluate and quantify time-saving by using custom procedure trays for operation room efficiency. (poster from 2010). 2 Assessing the carbon and waste benefits of moving to Procedure Packs at Royal Liverpool and Broadgreen University Hospitals, NHS Trust, 2011. 3 Optimisation of perioperative procedural factors to reduce the risk of surgical site infection in patients undergoing surgery: a systematic review Key findings P. Calò , F. Catena, D. Corsaro, L. Costantini, F. Falez, B. Moretti, V. Parrinello, E. Romanini, A. Spinarelli, G. Vaccaro, F. Venneri. Discov Health Systems 2, 6 (2023). https://doi.org/10.1007/s44250-023-00019-9.
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Mölnlycke Health Care expands investment in Tamer Mölnlycke Care joint venture
The Tamer Mölnlycke Care joint venture was initiated in 2021 with the agreement to develop a customised surgical procedure tray factory in Saudi Arabia, with first production expected in Q4 2024. The increased investment allows for an expansion in the range of Mölnlycke products manufactured and distributed in the country and to the neighbouring region. Adding drapes and gowns, emollient range and selected wound care products to the offering allows more healthcare professionals and patients in the region to benefit from Mölnlycke products and solutions. Zlatko Rihter, CEO, Mölnlycke Health Care comments “To ensure we meet customer demand, geographical expansion is a strategic priority for Mölnlycke Health Care. Increased investment in our existing long-term partnership with Tamer Group will importantly enable healthcare professionals and patients in Saudi Arabia access to our quality products and solutions helping to improve outcomes, and is a step closer to realising the potential of this rapidly growing healthcare market.” Speaking on behalf of Tamer Group, Chairman Ayman Tamer adds “This investment is key to enabling future growth in the region as outlined in the Saudi Vision 2030 - supporting the regional healthcare ecosystem, including exporting goods to the Middle East and Africa region, whilst developing local skills and expertise.” Mahmoud Wagih, CEO, Tamer Mölnlycke Care comments “I am delighted to lead this business where Mölnlycke and Tamer will build a strong, long-term successful joint venture, bringing superior health care solutions to our region.” The Tamer Mölnlycke Care joint venture is a long-term agreement between two organisations who have been working in partnership over the past decade; and are committed to meeting customer demand in the evolving healthcare landscape of Saudi Arabia and the wider region. For more information, please contact: Liz Neal Director of Communications Email: liz.neal@molnlycke.com Phone: +44 7787432560 About Mölnlycke Mölnlycke is a world-leading medical products and solutions company that equips healthcare professionals to achieve the best patient, clinical and economic outcomes. The core business is within the four Business Areas Wound Care, Operating Room Solutions (ORS), Gloves and Antiseptics. Mölnlycke employs around 8,700 people. The headquarters are in Gothenburg, Sweden, and the company operates in more than 100 countries worldwide. Mölnlycke is owned by Patricia Industries AB, which is part of Investor AB, an engaged owner of high-quality, global companies founded by the Wallenberg family in 1916. www.molnlycke.com
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Mölnlycke Health Care agrees to acquire leading wound cleansing manufacturer to consolidate its position as global leader in wound care
Gothenburg 12 April 2024: Mölnlycke, a world leading MedTech company specialised in wound care and wound management, announced today it signed an agreement to acquire P.G.F. Industry Solutions GmbH, the Austrian manufacturer of Granudacyn wound cleansing and moisturising solutions. Mölnlycke and P.G.F. have worked together for five years on the manufacturing and distribution of Granudacyn, a range of solution and gel products intended for use in the cleansing, irrigation and moisturisation of various wound types. The high quality and composition of Granudacyn ensures good biocompatibility, allowing it to be effectively used on a broad range of tissues in burns, as well as acute and chronic wounds. Mölnlycke currently distributes Granudacyn in over 50 countries around the world. “With an ageing population in combination with increased chronic wounds, such as diabetic foot ulcers or venous leg ulcers, it is our obligation to help ease the burden of wounds on national healthcare regimes” says Zlatko Rihter, CEO of Mölnlycke Health Care. “The acquisition of P.G.F. and its state-of-the-art manufacturing plant, will allow Mölnlycke to aggressively expand our Granudacyn business to improve the lives of even more patients.” “I’m excited for P.G.F. to become part of Mölnlycke and for the team to continue to manufacture products that support Mölnlycke’s Wound Care mission to help free patients from the burden of wounds” says Peter Fritz, P.G.F. founder and CEO, who will continue to lead this team and manufacturing process from P.G.F.’s Austria headquarters. Closure is expected after certain milestones are reached and will be communicated separately. For more information, please contact: Jennifer Doak Global Communications Director Wound Care Email: jennifer.doak@molnlycke.com Phone: +1 678 206 6179 About Mölnlycke® Mölnlycke Health Care is a world-leading MedTech company that specialises in innovative solutions for wound care and surgical procedures. Mölnlycke products and solutions are used daily by hospitals, health care providers and patients in over 100 countries around the world. Founded in 1849, Mölnlycke is owned by Investor AB and headquartered in Sweden. www.molnlycke.com About P.G.F. Industry Solutions P.G.F. Industry Solutions was founded in 2005 by Peter Fritz to develop and produce ecologically compatible hypochlorous acid based products to protect the user and their environment. The company is founded on more than 30 years of experience in research, development, production, and worldwide distribution of medical and measurement products. P.G.F. employs approximately 25 employees and is headquartered in Elixhausen, Austria. www.veriforte.com.
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EUR bond issue and tender announcement
Mölnlycke intends to issue a new 10-year EUR bond under its Euro Medium Term Note (EMTN) programme. The bond will be listed on the Euro MTF market of the Luxembourg Stock Exchange. At the same time Mölnlycke invites its holders of the outstanding EUR 500m bond due February 2025 note to tender any and all of their notes for purchase by the company. Read the full announcement here.
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