L&R takes over St.Gallen telemedicine company OnlineDoctor
The German healthcare company Lohmann & Rauscher (L&R) is acquiring OnlineDoctor AG, a telemedicine pioneer based in St.Gallen. This acquisition of a digital health start-up is the first in L&R's corporate history, according to a statement.
The medical device provider Lohmann & Rauscher (L&R) is acquiring the St.Gallen-based telemedicine start-up OnlineDoctor, the market leader for teledermatology in Switzerland and Germany. OnlineDoctor offers digital skin diagnoses by medical specialists and will remain an independent subsidiary with an unchanged team and under the same name. "L&R is the ideal partner for us. Being part of the L&R Group opens up new and long-term opportunities for us to drive forward our innovations in the field of digital medical products. We share a common vision of creating superior solutions for healthcare systems. As a young team, we are excited about the great opportunities for the future of OnlineDoctor," said the founders of OnlineDoctor, Dr. Tobias Wolf and Dr. Philipp Wustrow.
L&R sees great potential in the acquisition for the digitalization of the healthcare sector. OnlineDoctor impresses with its impressive growth momentum, its technological expertise in digital ecosystems and AI and, above all, its exceptional, agile team, the company writes. "OnlineDoctor's unique position as a leader in dermatology software as a medical device makes it a valuable part of our growth and digitalization strategy," say Thomas Menitz, CEO, and Holger Mägdefrau, CFO of Lohmann & Rauscher.
With around 800 dermatologists and partnerships with pharmacies and health insurance companies, OnlineDoctor enables rapid diagnoses - a model that has become even more important during the pandemic.
Sources and further information: www.lohmann-rauscher.com and www.onlinedoctor.ch. You can find a portrait of company co-founder Tobias Wolf here (paywall): https://www.organisator.ch/de/management/2024-10-23/das-system-grundsaetzlich-anders-denken/
