With the acquisition of the healthtech start-up OnlineDoctor, L&R is strengthening its position as a comprehensive solution provider in the healthcare system and is further expanding its digital services for users and patients. The acquisition of OnlineDoctor, which was completed in 2024, marks an important step in broadening the company's commitment to digital medical products.
OnlineDoctor will continue to operate under its current name as a subsidiary of L&R with an independent brand. All employees have been retained. The two founders Dr. Philipp Wustrow and Dr. Tobias Wolf will remain as managing directors and shareholders. The two companies are currently in the post-merger integration (PMI) phase and are working together on other promising application areas in the L&R business arenas.
Medical software as an important driver of growth and digitalization
“OnlineDoctor convinced us with its impressive growth momentum, its technological expertise in digital ecosystems and AI and, above all, with its exceptional, agile team. 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. We see great potential in the further development of OnlineDoctor and are convinced that together we will set new digital standards in the healthcare sector,” say Thomas Menitz, CEO, and Holger Mägdefrau, CFO of Lohmann & Rauscher.
“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,” say the founders of OnlineDoctor, Dr. Tobias Wolf and Dr. Philipp Wustrow.
Both parties have agreed not to disclose the purchase price of the acquisition.
Contact:
L&R
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Fax: +971 4 442 4595
E-Mail: info@ae.LRMed.com