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Medrad's Overview

Total employees209
HeadquartersWarrendale
Founded1964

Medrad, Inc., now an integral part of Bayer's Radiology business, is a global leader in medical devices and services for diagnostic imaging and therapeutic procedures. Originally founded in 1964 by Dr. M. Stephen Heilman, a physician who invented an angiographic power injector, Medrad grew to specialize in contrast injection systems, disposables, and equipment services. Its acquisition by Bayer in 2006 integrated Medrad's innovative solutions into Bayer's comprehensive radiology portfolio, enhancing capabilities in areas like Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Angiography, and Cardiovascular imaging. Medrad's legacy continues through Bayer's commitment to innovation in radiology, aiming to improve patient outcomes, diagnostic confidence, and operational efficiency for healthcare providers worldwide. The focus remains on developing and providing advanced imaging solutions, including injectors, contrast media, and digital solutions.

Where is Medrad's Headquarters?

HQ Function

Serves as a major hub for Bayer's Radiology device operations, including research and development, manufacturing, and administrative functions for medical imaging injection systems and related disposables.

Notable Features:

The Warrendale campus is known for its extensive R&D and manufacturing facilities dedicated to advanced medical imaging technologies. It was designed to foster innovation and collaboration in developing solutions for radiology.

Work Culture:

As part of Bayer, the work culture at the Warrendale site emphasizes innovation, quality, patient focus, and safety, integrating Medrad's legacy of engineering excellence with Bayer's global pharmaceutical and life sciences standards. There's a strong focus on collaboration and continuous improvement.

HQ Significance:

Represents the historical core of Medrad's innovation in medical device technology and continues to be a center of excellence for Bayer's global radiology device business, particularly in injection systems and fluid delivery.

Values Reflected in HQ: The facility and its operations reflect values of innovation, precision engineering, quality manufacturing, commitment to advancing medical technology for patient care, and a strong focus on safety and efficacy.

Location:

As part of Bayer, Medrad's technologies and products are integrated into Bayer's global Radiology division, which has a worldwide presence. Bayer supports sales, service, clinical research, manufacturing, and distribution across North America, Europe, Asia-Pacific, Latin America, and other regions. This extensive network ensures wide accessibility of its advanced imaging solutions, including injectors, contrast media, and digital tools, to healthcare providers and patients internationally, adapting to local market needs and regulatory environments.

Street Address:

One Medrad Drive

City:

Warrendale

State/Province:

Pennsylvania

Country:

USA

Medrad's Global Presence

Leverkusen, Germany

Address: Kaiser-Wilhelm-Allee 1, 51373 Leverkusen, Germany

Central hub for global strategy, corporate governance, and major research initiatives that span across Bayer's various businesses, including setting the direction for the Radiology division.

Indianola, Pennsylvania, USA

Address: Bayer HealthCare, 1 Bayer Dr, Indianola, PA 15051, USA

Supports manufacturing, supply chain, and R&D for Bayer's radiology portfolio, particularly for the North American market and global supply of certain product lines.

Beijing, China

Address: Bayer Center, No. 27, Central Road, Beijing Economic-Technological Development Area, Beijing, China

Serves as a strategic center for Bayer's activities in China and the broader APAC region, tailoring radiology solutions and support to meet regional healthcare needs and market dynamics.

Buying Intent Signals for Medrad

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Medrad

As of April 2025, Medrad' leadership includes:

Bill Anderson - Chief Executive Officer of Bayer AG
Stefan Oelrich - Member of the Board of Management, Bayer AG, and President of the Pharmaceuticals Division (which includes Radiology)
Gerd Krüger - President of Radiology, Bayer
Dr. Nelson Ambrogio - Head of Radiology Region Americas, Bayer
Dr. Ryan Kissling - Head of Medical Affairs & Clinical Development Radiology, Bayer

Investors of Medrad

Medrad has been backed by several prominent investors over the years, including:

Bayer AG is a publicly traded company (BAYN.DE). Its shares are held by a diverse range of institutional and individual investors. Key institutional investors typically include:
BlackRock, Inc.
The Vanguard Group
Norges Bank Investment Management
Amundi Asset Management
DWS Investment GmbH

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

Bayer regularly updates its leadership across various divisions. Significant changes at the divisional president level or board level impacting Radiology are publicly announced. Minor or regional leadership changes within Radiology might not always be broadly publicized. No high-profile exits directly from the top Radiology leadership were noted; movements are typically part of broader organizational strategy or personal career progression.

New Appointments:

Gerd Krüger, Gerd Krüger took over as President of Bayer's Radiology division. He previously led commercial operations for Radiology in Europe, Middle East & Africa.

Technology (Tech Stack) used by Medrad

Discover the tools Medrad uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Medrad Email Formats and Examples

Bayer, which acquired Medrad, utilizes standardized email formats for its employees globally. The most common format is firstname.lastname@bayer.com. Variations might exist based on name uniqueness or regional conventions, but this is the primary structure.

firstname.lastname@bayer.com

Format

john.smith@bayer.com

Example

95%

Success rate

News and media

Bayer Global NewsFebruary 27, 2024

Bayer to Showcase Broad Radiology Portfolio, Including AI-Powered Solutions, at ECR 2024

Bayer announced its participation in the European Congress of Radiology (ECR) 2024, presenting its extensive portfolio including contrast media, injectors (a legacy of Medrad's expertise), informatics, and emerging AI-powered solutions aimed at advancing radiology practices....more

Bayer Global NewsNovember 21, 2023

Bayer’s Calantic™ Digital Solutions Advances its Suite of AI-enabled Radiology Applications Through New Collaborations

Bayer is expanding its Calantic Digital Solutions platform by forging new collaborations to integrate more AI-driven tools. This initiative aims to support radiologists by enhancing diagnostic capabilities and workflow efficiency, reinforcing Bayer's commitment to innovation in medical imaging....more

Bayer Global NewsMay 9, 2023

Bayer Receives FDA Approval for Ultravist® (iopromide) Injection for Contrast Enhancement Using Computed Tomography of the Head and Body and Excretory Urography

Bayer announced FDA approval for an indication expansion for its Ultravist® (iopromide) injection, a contrast agent used in CT scans. This approval broadens its application for visualizing vessels and organs, aiding in more precise diagnostics....more

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