Siemens Consortium to Construct Particle Therapy Center at the University Clinic of Schleswi...( Largest Public Private Partners...),Health

Largest Public Private Partnership Project in German Healthcare

MALVERN, Pa., March 18 /PRNewswire/ -- Siemens Healthcare (http://www.siemens.com/healthcare) announces that the University Clinic of Schleswig-Holstein (UC S-H) commissioned a consortium of bidders, including Siemens, Bilfinger Berger and HSG Technischer Service, with the construction and operation of the first particle therapy center (PTC) in Northern Germany. With overall costs of approximately 250 million euros, this represents the largest public private partnership project (PPP) ever launched in the German healthcare sector.

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As a competence center for tumor diseases, the PTC will be opening up new treatment possibilities for cancer therapy starting in 2012. In addition to Northern Germany, the center is intended to serve the entire Southern Scandinavian region. In its final stage of completion, the facility's three treatment rooms will be capable of treating approximately 3,000 patients with particles per year.

The contract concluded between the consortium of bidders and the UC S-H includes the financing, construction, technical operation, and maintenance of the particle therapy facility in a public private partnership over a period of 25 years. To implement this project, the sponsors, Siemens Project Ventures and Bilfinger Berger Project Investments, established a project company which will be refinanced via an international group of banks. In addition to the facilities for applying particle therapy (PT), the PTC will also include a department for conventional radiation therapy. Conventional radiation therapy is planned to begin at the end of 2011, and the PT facility should be started up at the beginning of 2012.

"The Kiel PTC represents a mile
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