Galenica expands its digital offering in the B2B segment - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 12, 2022 Newswires
Share
Share
Post
Email

Galenica expands its digital offering in the B2B segment

Swiss Equity Markets (Web Disclosure) via PUBT



PRESS RELEASE

Date

12 July 2022

Contact

Investor Relations: Julian Fiessinger, Head of Investor Relations & Corporate Finance

Media Relations: Andreas Petrosino, Business Partner Corporate Communications

Subject

Galenica acquires Aquantic Ltd.

Galenica expands its digital offering in the B2B segment

Galenica is acquiring 100% of the shares in Aquantic Ltd. The acquisition will give Galenica access to a digital ecosystem that, by linking pharmaceutical companies and health insurance providers, will significantly simplify the assumption of the costs of specific medicines. In doing so, Galenica is expanding its digital offering for business customers (B2B) and increasing both efficiency in healthcare and quality for its partners and for patients.

Aquantic specialises in software solutions related to Article 71 a-d of the Health Insurance Ordinance (HIO). This article allows medicinal products or indications of medicinal products to be reimbursed in exceptional cases even if they are not on the federal list of specialities. This regulation is relevant, for example, in cases of rare, very severe or chronic disease and high therapeutic usefulness. The SmartMIP software solution by Aquantic enables this remuneration to be processed quickly, in a standardized manner and in compliance with the law within the meaning of Article 71 a-d HIO.

With the addition of Aquantic's services, Galenica is taking a step forward in the digitalisation of healthcare also in the B2B sector and is connecting health insurers and pharmaceutical companies. In this way, Galenica helps to shape a growing ecosystem in which the players work together. SmartMIP is already in use at 23 health insurance providers and 19 pharmaceutical companies.

In future, Aquantic will be managed as an independent Business Unit within the Galenica Group and will support the specialty pharmacy Mediservice. Aquantic's solution and extensive experience will enable Mediservice to expand its Article 71 expertise and optimise its services. Aquantic will benefit from its affiliation with the Galenica Group by gaining even wider market access and will help to consolidate Mediservice's market-leading position.

Daniele Madonna, Head of Healthcare at Galenica, says: "We warmly welcome the Aquantic team to the Galenica Group. The cooperation once again shows how important digital solutions are for us, including in the B2B sector. We are very pleased to be able to strengthen our expertise in Article 71 and thus offer partner companies and ultimately our customers an even better service and even greater quality."

Chris Wenger, Managing Director of Aquantic, adds: "Galenica is the perfect environment for us to further develop our innovative solutions and connect market players so that we can meet the digital challenges of the healthcare sector together with an effective platform."

The parties have agreed not to disclose the purchase price of the shares.

Galenica Ltd.

P.O. Box · Untermattweg 8 · CH-3001 BePhone +41 58 852 85 17 · Fax +41 58 852 85 58 [email protected] · www.galenica.com

Galenica - Health and well-being are at the heart of what we do.

Date

12 July 2022

Page

2/2

Subject

Galenica acquires Aquantic Ltd.

For further information, please contact:

Media Relations:

Investor Relations:

Andreas Petrosino

Julian Fiessinger

Business Partner Corporate Communications

Head of Investor Relations

Tel. +41 58 852 85 17

Tel. +41 58 852 85 29

E-mail:[email protected]

E-mail:[email protected]

About Galenica

Galenica is the leading fully integrated healthcare provider in Switzerland. With over 500 own, joint venture and independent partner pharmacies, Galenica operates the largest network of pharmacies in Switzerland. In addition, Galenica develops and offers well-known own brands and products and exclusive brands and products from business partners, as well as offering a variety of on-site health services and tests for customers. Galenica is also the leading provider of both pre-wholesale and wholesale distribution services and database services in the Swiss healthcare market. Galenica is listed on the Swiss Stock Exchange (SIX Swiss Exchange, GALE, security number 36,067,446).

Additional information concerning Galenica can be found at www.galenica.com.

About Aquantic

Aquantic Ltd. is a Swiss software development and consulting firm and is considered a leading specialist in Art. 71a-d of the Health Insurance Ordinance (HIO) and pricing models.

Aquantic has been active in the healthcare sector for over 20 years and is therefore very familiar with the sector's requirements and challenges. The company's aim is to help its customers stay one step ahead by using its software solution, as reflected in its slogan: "CLEARLY AHEAD".

Since 2015, Aquantic has engaged intensively with Article 71a-d HIO and specialities list pricing models, resulting in the SmartWorld product range. Aquantic thus covers the entire process from the service provider to the pharmaceutical company.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Galenica AG published this content on 12 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2022 04:38:32 UTC.

Older

Automobile Insurance Apps Market Still Has Room to Grow : AISUS, Allianz Partners , Progressive: Automobile Insurance Apps Market Size, Share, Future Growth and Opportunity Assessment 2021-2027

Newer

Child Life Insurance Market May See a Big Move : Major Giants MetLife, PingAn, AXA, Aviva: Child Life Insurance Market 2022

Advisor News

  • Living longer, retiring poorer: Why fragmented systems are failing Americans
  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
  • Why advisors should be talking about life settlements
More Advisor News

Annuity News

  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • NAIC regulators continue pushing for annuity illustration updates
  • Wink: Flat first-quarter annuity sales fall just short of $100B
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
More Annuity News

Health/Employee Benefits News

  • Researchers from Maccabi Healthcare Services Report New Studies and Findings in the Area of Hepatitis C Virus (Implementation of a Hepatitis C Screening Program for At-Risk Former Soviet-Bloc Immigrants in a Large Health Maintenance Organization): Liver Diseases and Conditions – Hepatitis C Virus
  • More than 40,000 Coloradans will need a new health insurance carrier next year. Here's who is affected.
  • Some retired NC state workers will pay more for health insurance. Working enrollees could save.
  • Cuts coming to Kentucky Medicaid program, social services and more
  • Cigna drops coverage of GLP-1 obesity drugs for its own employees
More Health/Employee Benefits News

Life Insurance News

  • KBRA Releases Research – Private Credit: A More Balanced Review of the NAIC PLR Review Process for Insurance Balance Sheets
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • State locates $107M in missing insurance funds
  • The opportunity in the bottom half of the K-shaped economy
  • AM Best Affirms Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Press Releases

  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet