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Fresenius Medical Care (NYSE: FMS) links dialysis type to 28% lower death risk

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Form Type
6-K

Rhea-AI Filing Summary

Fresenius Medical Care AG (FMS) reported the publication of a large multinational real‑world evidence study in the Journal of the American Society of Nephrology comparing high‑volume hemodiafiltration (HVHDF) with conventional high‑flux hemodialysis. The study analyzed outcomes from 19,539 adult dialysis patients treated between 2014 and 2019 in eight European countries using a target trial emulation design. During a median follow‑up of 16 months, hemodiafiltration was associated with a 28% lower relative risk of all‑cause mortality versus high‑flux hemodialysis, with the strongest association in patients achieving convection volumes above 23 liters per session, who had a 33% lower relative risk of death. Fresenius Medical Care highlights this as reinforcing the evidence base for HVHDF and links it to its BEACON‑US initiative to generate U.S.‑specific real‑world evidence as access to HVHDF expands, while noting that the observational nature of the study does not establish causality.

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Study population 19,539 adult dialysis patients Patients treated between 2014 and 2019 across eight European countries
Relative risk reduction with HDF 28% lower relative risk of all-cause mortality HDF versus conventional high-flux hemodialysis during median 16-month follow-up
Relative risk reduction with HVHDF 33% lower relative risk of death Patients with convection volumes above 23 liters per treatment session versus high-flux hemodialysis
Convection volume threshold 23 liters per treatment session Level above which strongest mortality association with HVHDF was observed
Median follow-up 16 months Follow-up period over which mortality outcomes were assessed
Global dialysis patient base 4.5 million patients Worldwide patients regularly undergoing dialysis for renal diseases
Dialysis clinics 3,513 clinics Fresenius Medical Care network providing dialysis treatments worldwide
Patients treated by FME clinics Approximately 290,000 patients Patients receiving dialysis through Fresenius Medical Care’s global clinic network
hemodiafiltration medical
"hemodiafiltration (HDF) was associated with lower relative risk of death"
A blood-cleaning treatment for people whose kidneys fail that combines two actions — one that washes away small dissolved wastes and another that filters out larger particles and excess fluid — using a machine and a sterile replacement fluid. It matters to investors because adoption of this technique affects demand for dialysis machines, disposable supplies, treatment costs and patient outcomes, so shifts in use can change revenues and clinical competitiveness like an equipment upgrade improving both speed and results.
high-flux hemodialysis medical
"compared with conventional high-flux hemodialysis"
convection volume medical
"patients receiving sustained HDF with convection volumes above 23 liters per session"
target trial emulation medical
"a Multinational Target Trial Emulation, provides important new real-world evidence"
Target trial emulation is a method for using existing observational data to mimic a randomized clinical trial so researchers can estimate what would have happened if people had been randomly assigned to different treatments. For investors, it matters because it provides a more reliable way to judge a drug’s or product’s real-world effectiveness and safety when randomized trials aren’t available, helping assess commercial potential and regulatory or liability risk—like reconstructing a recipe from a finished dish to understand how it was made.
middle molecules medical
"including larger toxins, known as middle molecules, which may contribute"
high-volume hemodiafiltration medical
"supporting the role of high-volume hemodiafiltration (HVHDF) in modern dialysis care"
High-volume hemodiafiltration is an advanced form of dialysis that cleans a patient’s blood by combining standard dialysis with large-volume fluid exchange to remove more waste and toxins than conventional treatments. For investors it matters because the technique can improve patient outcomes and resource use, which drives demand for specialized machines, consumables and services, influences reimbursement and can shape clinical and regulatory adoption.

FAQ

What did Fresenius Medical Care (FMS) announce in this Form 6-K?

Fresenius Medical Care announced a multinational real‑world evidence study showing that hemodiafiltration (HDF) was associated with a 28% lower relative risk of all‑cause mortality compared with conventional high‑flux hemodialysis in 19,539 patients across eight European countries.

How much lower was the mortality risk with high-volume hemodiafiltration in the FMS study?

Among patients receiving high-volume hemodiafiltration with convection volumes above 23 liters per session, the analysis found a 33% lower relative risk of death compared with conventional high‑flux hemodialysis, based on observational target trial emulation methods.

How large was the patient population in Fresenius Medical Care’s real-world study (FMS)?

The study examined data from 19,539 adult dialysis patients treated between 2014 and 2019 across eight European countries, using advanced epidemiologic methods designed to emulate a randomized clinical trial.

Does the Fresenius Medical Care HDF study prove causality for reduced mortality?

No. The company states the analysis was an observational target‑trial emulation rather than a randomized clinical trial and explicitly notes that the findings do not establish causality; associations should be interpreted cautiously.

How extensive is Fresenius Medical Care’s global dialysis footprint mentioned in the 6-K?

Fresenius Medical Care reports that around 4.5 million patients worldwide regularly undergo dialysis, and through a network of 3,513 dialysis clinics, it provides treatments for approximately 290,000 patients globally.

Where was the Fresenius Medical Care HDF study published?

The study, titled “Hemodiafiltration versus High‑flux Hemodialysis and Risk of Mortality: A Multinational Target Trial Emulation,” was published in the Journal of the American Society of Nephrology, the flagship journal of the American Society of Nephrology.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

 

Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of August 2026

 

Commission file number: 001-32749

 

FRESENIUS MEDICAL CARE AG

(Translation of registrant's name into English)

 

Else-Kröner-Strasse 1

61346 Bad Homburg

Germany

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F ¨

 

 

 

 

 

EXHIBITS

 

The following exhibits are being furnished with this Report:

 

Exhibit 99.1 Press Release issued on August 27, 2026.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

DATE: August 27, 2026

 

 

Fresenius Medical Care AG

     
  By: /s/ Helen Giza
  Name: Helen Giza
  Title: Chief Executive Officer and Chair of the Management Board

 

  By: /s/ Martin Fischer
  Name: Martin Fischer
  Title: Chief Financial Officer and member of the Management Board

 

 

 

 

Exhibit 99.1

 

 

 

Press Release Media contact
  Christine Peters
  T +49 160 60 66 770
  christine.peters@freseniusmedicalcare.com
   
  Kirsten Stratton
  T +1 781 929 8096
  kirsten.stratton@freseniusmedicalcare.com
   
  Contact for analysts and investors
  Dr. Dominik Heger
  T +49 6172 609 2525
  dominik.heger@freseniusmedicalcare.com
   
  www.freseniusmedicalcare.com

 

Fresenius Medical Care Announces Publication of a Multinational Real-World Evidence Study Associating High-Volume Hemodiafiltration with Lower Mortality Risk Than Conventional Hemodialysis

 

·Publication in the Journal of the American Society of Nephrology reports that, in a large multinational real-world evidence study using a target trial emulation design, hemodiafiltration (HDF) was associated with a 28% lower relative risk of all-cause mortality compared with high-flux hemodialysis

 

·Adds to growing evidence supporting high-volume hemodiafiltration as a standard of care for people living with kidney failure

 

Bad Homburg (August 27, 2026) – Fresenius Medical Care (FME), the world's leading provider of products and services for individuals with kidney diseases, today announced the publication of a large international study reporting that hemodiafiltration (HDF) was associated with lower relative risk of death from any cause compared with conventional high-flux hemodialysis.

 

Published in the Journal of the American Society of Nephrology (JASN), the flagship journal of the American Society of Nephrology, the study Hemodiafiltration versus High-flux Hemodialysis and Risk of Mortality: A Multinational Target Trial Emulation, provides important new real-world evidence supporting the role of high-volume hemodiafiltration (HVHDF) in modern dialysis care.

 

“This important publication strengthens the growing body of international evidence supporting HVHDF and reflects our commitment to advancing kidney care through large-scale rigorous research and innovation,” said Helen Giza, Chief Executive Officer of Fresenius Medical Care. “With more than 850 million people worldwide affected by kidney disease - nearly 10% of the world’s population - the need for innovation has never been greater. As we expand access to HVHDF in the United States, we remain focused on bringing more patients access to advanced therapies while continuing to generate the evidence needed to improve outcomes and shape the future of dialysis care.”

 

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The study analyzed outcomes from nearly 20,000 patients across eight European countries. Investigators used target trial emulation, an advanced analytical approach designed to evaluate real-world clinical data using principles that approximate a randomized clinical trial.

 

During a median follow-up of 16 months, HDF was associated with a 28% lower relative risk of all-cause mortality than those receiving conventional high-flux hemodialysis. The greatest mortality benefit was seen among patients receiving sustained HDF with convection volumes above 23 liters per session (HVHDF) with a 33% lower relative risk of death compared with high-flux hemodialysis. Convection volume measures how effectively HDF treatment removes waste products from the blood, including larger toxins, known as middle molecules, which may contribute to inflammation and other health complications for people living with kidney failure.

 

Importantly, the findings align with the substantial and growing international evidence base supporting HVHDF, including the landmark, EU-funded CONVINCE trial1, published in the New England Journal of Medicine and subsequent analyses demonstrating improved survival outcomes and patient-reported outcomes. The new analysis adds important real-world evidence reinforcing the clinical value of HVHDF and highlights the importance of consistently delivering, measuring, and monitoring convection volumes above 23 liters per treatment session.

 

"Research is critical to our mission of advancing kidney care," said Charles Hugh-Jones, MD FRCP, Global Chief Medical Officer of Fresenius Medical Care. "By partnering with leading investigators, and applying advanced statistical methods to large-scale clinical data, we are helping to generate an ever-increasing evidence base that can translate scientific knowledge into meaningful improvements in treatment delivery and clinical outcomes for patients around the world."

 

This research was conducted through an international collaboration involving world-renowned kidney experts, including Professors Giovanni Strippoli and Bernard Canaud, key contributors to the CONVINCE study; Professor Carmine Zoccali, former President of the European Renal Association; internationally recognized epidemiologist Dr. Giovanni Tripepi, who led the advanced statistical analyses; and Professor Germaine Wong of the University of Sydney, in partnership with Fresenius Medical Care and the Renal Research Institute.

 

 

 

1 N Engl J Med 2023;389:700-709

 

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“Using a prespecified target trial emulation with inverse probability weighting and rigorous sensitivity analyses, we closely approximated CONVINCE while reducing measured confounding and other observational biases,” said Professor Carmine Zoccali, senior author of the study. “This rigorous methodology strengthens the reliability and clinical relevance of the real-world findings.”

 

Fresenius Medical Care has been a pioneer in the development, clinical implementation, and study of hemodiafiltration for more than two decades. Unlike conventional high-flux dialysis which uses only one filtration technique, hemodiafiltration combines two filtration methods—diffusion and convection—to remove a broader range of waste products from the patient’s blood, including middle molecules.

 

The therapy is widely used as a standard of care internationally, supported by evidence from randomized clinical trials and large observational studies conducted across more than 90 countries. The new publication also underscores the importance of the company's recently announced BEACON-US research initiative, which generates U.S.-specific real-world evidence on the implementation, outcomes, and patient experience of HVHDF as access to the therapy expands across the United States.

 

Kidney disease represents a major and growing global health burden. Fueled by increasing rates of diabetes and hypertension, it is among the leading causes of death globally and often requires lifelong, resource-intensive treatments such as dialysis or kidney transplantation, underscoring the need for continued innovation and improved access to care.

 

About the Study

 

The study examined data from 19,539 adult dialysis patients treated between 2014 and 2019 across eight European countries. Using advanced epidemiologic methods designed to emulate a randomized clinical trial, researchers compared patients receiving sustained high-volume post-dilution hemodiafiltration with those receiving conventional high-flux hemodialysis. The analysis found that HDF was associated with a 28% lower relative risk of all-cause mortality, with the strongest associations observed among patients receiving convection volumes above 23 liters per treatment session who had a 33% lower relative risk of death.*

 

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About Fresenius Medical Care:

 

Fresenius Medical Care is the world's leading provider of products and services for individuals with renal diseases of which around 4.5 million patients worldwide regularly undergo dialysis treatment. Through its network of 3,513 dialysis clinics, Fresenius Medical Care provides dialysis treatments for approx. 290,000 patients around the globe. Fresenius Medical Care is also the leading provider of dialysis products such as dialysis machines or dialyzers. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS).

 

For more information visit the company’s website at www.freseniusmedicalcare.com.

 

Disclaimer:

 

This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive conditions, legal changes, regulatory approvals, results of clinical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care’s reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care does not undertake any responsibility to update the forward-looking statements in this release.

 

 

 

The CONVINCE study was exclusively supported by the European Commission Research & Innovation, Horizon 2020, Call H2020-SC1-2016-2017 under the topic SC1-PM-10-2017: Comparing the effectiveness of existing healthcare interventions in the adult population (grant no 754803).

 

*As this was an observational target-trial emulation rather than a randomized clinical trial, these findings do not establish causality. The association between higher convection volumes and lower mortality should be interpreted cautiously, as higher delivered volumes may also reflect patient stability and other treatment-related factors rather than an independent causal dose–response relationship.

 

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