Hermes Medical Solutions
Hermes Medical Solutions is a Swedish vendor-neutral molecular imaging software company founded in 1976, providing the Hermia suite for PET/SPECT/CT/MR analysis, dosimetry, and theranostics to over 300 hospitals and nuclear medicine departments across 40+ countries via enterprise subscriptions and a direct-plus-distributor sales model.
- Company typePrivate
- Founded1976
- HeadquartersStockholm, Sweden
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Hermes Medical Solutions does
Hermes Medical Solutions is a privately held Swedish medical software company founded in 1976 in Stockholm, specializing in vendor-neutral molecular imaging software for nuclear medicine departments. The company's flagship product, Hermia, is an all-in-one software suite that consolidates PET, SPECT, CT, and MR image viewing, reconstruction, oncology analysis, theranostics planning, and personalized dosimetry into a single platform that connects equipment from all major manufacturers (GE, Siemens, Philips, Canon, United Imaging). The suite includes specialized modules such as Voxel Dosimetry (FDA-cleared, Monte Carlo-based with machine learning organ segmentation), OLINDA/EXM (industry-standard organ dosimetry software held exclusively by Hermes), the Centiloid scale for standardized amyloid PET quantification in Alzheimer's diagnosis, and Hermia SIRT for selective internal radiation therapy planning. Hermia is regulated as medical device software with FDA 510(k) clearances, CE Mark under EU MDR, Health Canada approval, TGA listing in Australia, and ISO 13485:2016 certification.
The company serves over 300 hospitals, academic medical centers, and nuclear medicine departments across 40+ countries, with named customers including Memorial Sloan Kettering, CHUM (Montréal), The Ottawa Hospital, Vienna Medical University, Imperial College Healthcare NHS Trust, and UMCG Groningen. Revenue is generated primarily through annual enterprise software subscriptions with optional Service Level Agreements covering priority support, preventive maintenance, and software updates. Go-to-market combines direct sales offices in five countries (Sweden, UK, Germany, Canada, USA) with a network of 14+ regional distributors across EMEA, LATAM, and Asia-Pacific. The company was acquired by private equity firm Segulah in 2016 and is led by CEO Tom Francke; founder Jan Bertling established the firm as a pioneer in SPECT reconstruction and medical image fusion. Strategic emphasis is on theranostics (Lu-177, Y-90 personalized therapy), AI-augmented dosimetry, and Alzheimer's imaging, supported by educational partnerships with nuclear medicine training institutions (Hermia Academy) and integration partnerships with Cedars-Sinai AIM, Invia (4DM), Isotopia, TrialStat, and ClinFlows.
Hermes Medical Solutions firmographics
Firmographics- Name
- Hermes Medical Solutions
- Legal name
- Hermes Medical Solutions AB
- Website
- https://hermesmedical.com
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Hermes Medical Solutions is a Swedish vendor-neutral molecular imaging software company founded in 1976, providing the Hermia suite for PET/SPECT/CT/MR analysis, dosimetry, and theranostics to over 300 hospitals and nuclear medicine departments across 40+ countries via enterprise subscriptions and a direct-plus-distributor sales model.
- Ownership category
- akta.pro rank
Hermes Medical Solutions industry classification
Industry- Product category
- Medical Imaging Software
- NAICS
- Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
- SIC
- Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Imaging Informatics & Workflow (PACS/RIS/VNA) (HLAHABAI)
- akta.pro secondary industries
- Nuclear Medicine & Molecular Imaging (SPECT/PET) (HLAHABAE), Theranostic Radiopharmaceutical Platforms (Paired Dx/Tx) (HLAIAGAC)
Keywords
Where Hermes Medical Solutions is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices5 records
Markets served
Hermes Medical Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Licenses and Subscriptions: Hermia software suite sold as licensed software with annual maintenance and support services. Includes software updates, training, and customer support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing for hospitals and healthcare institutions |
| Subscription | Annual | Service Level Agreement (SLA) |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Hermes Medical Solutions product offering
Product offeringCore offering
Hermes Medical Solutions develops and sells Hermia, a vendor-neutral molecular imaging software suite that connects imaging equipment from all major manufacturers (GE, Siemens, Philips, Canon, United Imaging) in nuclear medicine departments. The suite covers PET/SPECT/CT/MR reviewing, SPECT reconstruction, oncology, theranostics, dosimetry (voxel, organ, OLINDA, SIRT), neurology, cardiology, pneumology, and nuclear medicine processing. The company also provides the OLINDA/EXM organ dosimetry software and the GOLD database platform for connectivity and workflow management.
Product overview
Hermes Medical Solutions offers Hermia, a comprehensive vendor-neutral molecular imaging software suite that consolidates all nuclear medicine and molecular imaging workflows into one platform. The product portfolio includes core modules for PET/SPECT/CT/MR reviewing, SPECT reconstruction, oncology, theranostics, and dosimetry. The dosimetry offerings encompass Voxel Dosimetry, Organ Dosimetry, and OLINDA (the industry-standard organ dosimetry software). Specialized clinical modules cover Pneumology (with Lung Lobe Quantification and VQ tools), Neurology (including Centiloid scale for amyloid PET), and Cardiology. Additional capabilities include Nuclear Medicine Processing, Patient Data Management, and Quality Control Tools. The suite supports the complete clinical workflow from image acquisition through advanced quantification and personalized dosimetry planning. Hermes Medical Solutions was established in 1976 and pioneered SPECT reconstruction software and dual-head whole-body scanning, later introducing the first medical image fusion software.
Differentiator
Problem solved
Functional benefit
Brands
- Hermia: Vendor-neutral molecular imaging software suite providing solutions for PET/SPECT/CT/MR reviewing, oncology, theranostics, dosimetry, neurology, cardiology, pneumology, and nuclear medicine processing.
- GOLD
- SUV SPECT
- OLINDA/EXM
Products and services
- Hermia Molecular Imaging Software Suite Comprehensive vendor-neutral software suite for nuclear medicine and molecular imaging departments, providing PET/SPECT/CT/MR reviewing, advanced dosimetry, theranostics planning, oncology tools, neurology (including Centiloid scale), cardiology, and pneumology applications. Sells as enterprise software licenses with annual subscriptions covering software, maintenance, support, and updates.
- OLINDA/EXM Organ Dosimetry Software The most widely used software for standardized dose calculations for diagnostic and therapeutic radiopharmaceuticals, exclusively provided by Hermes Medical Solutions. Performs organ-level dosimetry for radiopharmaceutical therapy planning and validation.
- GOLD Database Platform Online database platform for connectivity, integration, workflows and data administration with high capacity storage, developed for larger network needs across multiple hospital sites and healthcare enterprises.
Quantifiable outcome
- Over 50% shorter turnaround times reported by customers
- +3 more outcomes
Companies that use Hermes Medical Solutions
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
Hermes Medical Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature8 records
Hermes Medical Solutions partnerships and signals
Strategic signalPartnerships
31 partnerships are on record, tiered core, strategic and minor.
- SNMMI (Society of Nuclear Medicine and Molecular Imaging)coreProfessional association partnership with international scientific and medical organization dedicated to advancing nuclear medicine and molecular imaging for precision medicine.
- EANM (European Association of Nuclear Medicine)coreUmbrella organization for individuals and national societies, working to optimize and advance science and education in nuclear medicine for public health benefit.
- DGN (German Society for Nuclear Medicine)coreScientific association promoting nuclear medicine in basic and applied research in diagnostics, therapy and radiation protection.
- BNMS (British Nuclear Medicine Society)coreOrganization concerned with clinical practice, education, research and development of nuclear medicine within the UK.
- CANM (Canadian Association of Nuclear Medicine)coreProfessional association striving for excellence in diagnostic and therapeutic nuclear medicine, establishing guidelines of clinical practice.
- CAMRT (Canadian Association of Medical Radiation Technologists)coreNational professional association and certifying body for radiological, nuclear medicine and MRI technologists and radiation therapists.
- ESMIT (European School of Multimodality Imaging and Therapy)coreEANM's educational initiative representing response to changes in educational needs of the NM community and rising demand for greater multimodality content.
- Regis CollegecoreEducational partnership donating Hermia software to nuclear medicine program, providing students with latest tools for training.
- Bellevue CollegecoreEducational partner offering Nuclear Medicine program options including associate's degree and advanced certificates in Washington State, USA.
- BCIT (British Columbia Institute of Technology)coreHermia Academy site providing hands-on training with Hermia software for Nuclear Medicine Technology program students.
- Collège AhuntsiccoreHermia Academy site leveraging software for reconstructing images from modern cameras, training all technologists in Quebec, Canada.
- MTR School in Rosenheim (RoMed)coreHermia Academy site at one of Germany's leading centers for professional training as medical radiation technologists.
- Invia (4DM)corePartnership with Invia providing quantitative review and reporting software solutions for cardiac imaging. 4DM software developed in conjunction with University of Michigan, commercially available for over 20 years.
- Cedars-Sinai AIM ProgramstrategicArtificial Intelligence in Medicine program developing software to process and analyze 3D images of the heart.
- Isotopia Molecular Imaging Ltd.strategicDominant Lu-177 supplier partnership for nuclear pharmacy, cyclotron facility, and sterile manufacturing collaboration.
- TrialStatstrategicPartnership providing eClinical Suite including validated nuclear medicine viewers and seamless connectivity to external data sources.
- ClinFlowsstrategicRegulatory compliant web-based solutions for sharing clinical data and medical images in DICOM format between stakeholders.
- RAYMEDcoreDistributor for Greece, Republic of Cyprus and Malta, representing and marketing medical technology products in nuclear medicine.
- Tecnologie AvanzatecoreDistributor for Italy, founded in 1974, introducing innovative medical technologies in nuclear physics and RX diagnostics.
- Bader Sultan & Bros. Co.coreDistributor for Kuwait, serving government sector and private sector with hospital and scientific systems and equipment.
- AvançocoreDistributor for Portugal present in healthcare sector since 2000, promoting innovative solutions for quality improvement.
- Tech Flow Co.coreDistributor for Saudi Arabia serving Diagnostic Radiology market including Nuclear Medicine and Radiation Therapy.
- AXIM Nuclear and OncologycoreDistributor for South Africa offering complete radiology, laboratory, surgical and Nuclear & Oncology solution.
- APR SaludcoreDistributor for Spain founded in Madrid in 1998, democratizing solutions in diagnostic imaging sector.
- NephacoreTurkish representative for Nuclear Medicine field, serving with experienced sales, technical and administrative staff.
- HospilinecoreDistributor for Brazil offering innovative medical products and solutions to improve healthcare sector with modern technology.
- Shanghai FOZE Medical Technology Co. LtdcoreExclusive distributor for China, established in Shanghai in 2011, bringing Hermia to Chinese market.
- PT Multi Akses JayacoreDistributor for Indonesia established in 2021, providing equipment and radiopharmaceuticals for nuclear medicine facilities.
- Abex Medical System Sdn. BhdcoreDistributor for Southeast Asia operating since 1982 with industry expertise and professional services for medical systems.
- Catalyst MedTechminorUS distributor for PET, PET/CT, and SPECT imaging equipment with nationwide service network.
- Radiation Oncology SystemsminorUS distributor for affordable, high quality refurbished radiation therapy and diagnostic imaging equipment in San Diego.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Hermes Medical Solutions competitors and assessment
Company assessmentEmerging players
- RaySearch Laboratories: Adjacent peer in radiation therapy treatment planning (RayStation) that increasingly overlaps with nuclear medicine dosimetry in theranostics and SIRT. Adjacent rather than direct, but expanding into Hermes' territory.
Broad incumbents
- Brainlab: Broad incumbent in image-guided surgery and radiation oncology software with growing presence in nuclear medicine and theranostics planning. Competes for the same enterprise hospital budgets as Hermes.
- Siemens Healthineers (syngo.via): Broad incumbent offering syngo.via as an OEM imaging-informatics platform with nuclear-medicine modules (syngo.MI). Competes by bundling software with Siemens scanners, whereas Hermes' differentiator is vendor neutrality.
- GE HealthCare (AW Workstation / Edison): Broad incumbent with the AW Workstation and Edison digital platform offering PET/SPECT/CT post-processing and AI apps. Bundles with GE scanners, positioning against Hermes in hospital nuclear medicine departments.
- Elekta: Broad incumbent in radiation therapy and radiosurgery software (Mosaiq, Versa HD) that increasingly intersects with theranostics and dosimetry workflows. Adjacent competitor for hospital enterprise imaging/therapy budgets.
- Philips (IntelliSpace Portal): Broad incumbent with IntelliSpace Portal providing advanced visualization across CT, MR, and nuclear medicine. Bundled with Philips equipment; competes with Hermes on multi-modality review and oncology workflows.
- Canon Medical (Vitrea / Vital Images): Broad incumbent offering Vitrea advanced visualization software with nuclear medicine and oncology modules. Bundled with Canon imaging equipment and competes with Hermes in multi-modality hospital deployments.
Direct peers
- PMOD Technologies: Direct peer focused on quantitative PET and pharmacokinetic modeling with strong dosimetry tools (PMOD platform). Competes specifically in the dosimetry and tracer-kinetics overlap with Hermes' OLINDA/Voxel Dosimetry offerings.
- Mirada Medical: Direct peer providing molecular imaging software (XD, Workflow) for PET/CT, SPECT/CT, and radiation oncology. Competes with Hermia in oncology quantification, theranostics, and multi-modality fusion.
- MIM Software: Closest direct competitor — vendor-neutral molecular imaging and dosimetry software suite (MIM Encore) for PET, SPECT, MR, and CT with strong theranostics and oncology modules. Competes head-to-head with Hermia in nuclear medicine departments globally.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Hermes Medical Solutions social profiles
Digital presenceHermes Medical Solutions compliance and trust
Trust signalCompliance5 records
Hermes Medical Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hermes Medical Solutions leadership team
Management profileNumber of profiles
Profiles5 records
Hermes Medical Solutions subsidiaries and ownership
Company hierarchySubsidiaries4 records
Hermes Medical Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hermes Medical Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hermes Medical Solutions
What does Hermes Medical Solutions do?
Hermes Medical Solutions develops and sells Hermia, a vendor-neutral molecular imaging software suite that connects imaging equipment from all major manufacturers (GE, Siemens, Philips, Canon, United Imaging) in nuclear medicine departments. The suite covers PET/SPECT/CT/MR reviewing, SPECT reconstruction, oncology, theranostics, dosimetry (voxel, organ, OLINDA, SIRT), neurology, cardiology, pneumology, and nuclear medicine processing. The company also provides the OLINDA/EXM organ dosimetry software and the GOLD database platform for connectivity and workflow management.
Is Hermes Medical Solutions a public or private company?
Hermes Medical Solutions is a private company. It is classified as private equity controlled and is currently operating.
When was Hermes Medical Solutions founded?
Hermes Medical Solutions was founded in 1976. It employs 51 to 100 people.
Where is Hermes Medical Solutions based?
Hermes Medical Solutions is headquartered in Stockholm, Sweden, in the Europe region.
How does Hermes Medical Solutions make money?
One revenue line is on record: software Licenses and Subscriptions.
Who are Hermes Medical Solutions's main competitors?
RaySearch Laboratories is listed as an emerging player. Broad incumbents are Brainlab, Siemens Healthineers (syngo.via), GE HealthCare (AW Workstation / Edison), Elekta, Philips (IntelliSpace Portal) and Canon Medical (Vitrea / Vital Images). Direct peers are PMOD Technologies, Mirada Medical and MIM Software.
Does Hermes Medical Solutions have an API?
No public API is recorded for Hermes Medical Solutions.
What industry is Hermes Medical Solutions in?
Hermes Medical Solutions's product category is Medical Imaging Software. Its primary akta.pro industry code is HLAHABAI, Imaging Informatics & Workflow (PACS/RIS/VNA), with a secondary code of HLAHABAE, Nuclear Medicine & Molecular Imaging (SPECT/PET). Its NAICS code is 334510 and its SIC code is 3845.