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Siemens turns over LOI at German-PH biz forum

SIEMENS Healthcare Inc. (Siemens Healthineers), a leading medical technology company, turned over three (3) Letters of Intent (LOI) to the Department of Trade and Industry (DTI) Secretary Alfredo E. Pascual in the presence of Philippine President Ferdinand R. Marcos Jr. The ceremony took place during the German-Philippine Business Forum in Berlin, Germany attended by Philippine cabinet members, representatives, and business leaders from both countries.

Each of the three (3) LOIs reinforces the commitment Siemens Healthineers has in becoming a valued partner to contribute to further developing and revolutionizing the country’s healthcare sector. The first LOI is centered on developing a partner hospital to become a training center to support training needs and address the skills gap in the field of radiology. A comprehensive program will be developed to further improve healthcare quality such as a curriculum on the various aspects of mammography screening – including anatomy, pathology, imaging techniques and interpretation, safety, and patient care.

The second LOI is focused on the development of an Innovation Think Tank (ITT) hub and spoke model to address the strategic target of an inclusive innovation ecosystem in the Philippines. Through collaborations, the ITT is set to gather students, researchers, and working professionals to create and identify disruptive innovation opportunities and improvement areas in healthcare.

The third LOI is intended to explore the opportunities for strategic and digital partnerships in healthcare with the Department of Health to revolutionize healthcare in the country. The digital partnership aims to develop and enhance the Philippines’ healthcare infrastructure through proven digital solutions such as eHealth and digital health and AI capacity-building and training.

“At Siemens Healthineers, we aim to foster a future for the Philippines where advancements in healthcare open new possibilities. The three LOIs underscore our unwavering dedication to creating a lasting impact, transforming the healthcare landscape, and fostering a healthier future for the generations to come – for every Filipino in every part of the country, sustainably,” said Michael Schmermer, president and managing director of Siemens Healthineers in the Philippines.


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