Pharmaceutical Business review

Fresenius Medical Care’s CFO to resign

Mr Rosen will continue in his position with Fresenius Medical Care for the time necessary to ensure a smooth transition of the CFO responsibilities. Mr Rosen has been CFO of Fresenius Medical Care since November 2003. Fresenius Medical Care expects to name a new CFO soon.

Ben Lipps, CEO of Fresenius Medical Care and chairman of the management board, said: “We thank Larry for his significant contributions to our company and wish him all the best for his new position.

“Fresenius Medical Care continues to have a very strong financial position and cash flow generation and only minor long-term refinancing needs before 2011. We expect to continue with our strong business performance across all segments and regions for the year 2009.”