BAD HOMBURG, Germany--(BUSINESS WIRE)--Fresenius Medical Care AG & Co. KGaA (”FME”), the world’s largest provider of Dialysis Services and Products, today announced, that the United States Attorney's Office for the Eastern District of New York (Brooklyn) has completed its investigation of Fresenius Medical Care's North American subsidiaries. The Office informed FME that no action will be taken against the company and its subsidiaries, including Spectra Renal Laboratories, and Renal Care Group Inc. (RCG), which Fresenius Medical Care acquired by merger on March 31, 2006. No allegations were filed against FME or RCG, nor were any fines, penalties, or changes in policy or business practices requested. Fresenius Medical Care and Renal Care Group both received subpoenas in October 2004. Both companies thereafter cooperated fully with the investigation.
Dr. Ben Lipps, Chief Executive Officer of Fresenius Medical Care and Chairman of the Management Board stated, “We are pleased with the outcome of the investigation and the fact that it is now closed.”
Fresenius Medical Care is the world's largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 1,770,000 individuals worldwide. Through its network of 2.448 dialysis clinics in North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides dialysis treatment to 187.476 patients around the globe. Fresenius Medical Care is also the world's leading provider of dialysis products such as hemodialysis machines, dialyzers and related disposable products. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME, FME3) and the New York Stock Exchange (FMS, FMS/P).
For more information about Fresenius Medical Care visit the Company’s website at www.fmc-ag.com.
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.
Contact:
Fresenius Medical Care AG & Co. KGaA Investor Relations: Oliver Maier, + 49 6172 609 2601 Fax: + 49 6172 609 2301 ir@fmc-ag.com or North America: Terry L. Morris, + 1-800-948-2538 Fax: + 1-615-345-5605 ir@fmc-ag.com www.fmc-ag.com
