What Petnet Solutions does

PETNET Solutions Inc is a wholly-owned subsidiary of Siemens Healthineers that manufactures and distributes radiopharmaceuticals and Positron Emission Tomography (PET) imaging tracers through a US radiopharmacy network operating across 35 states. The company supplies short half-life radiopharmaceuticals and provides expert support services that enable healthcare providers, hospitals, and radiology networks to perform PET scans without operating captive radiopharmacy infrastructure. Its product portfolio includes the supporting tracer supply and expert services required to operate PET-CT imaging systems, including integrations with hardware platforms such as the Siemens Biograph Trinion PET-CT scanner used in RAYUS Radiology's mobile imaging fleet.

The underlying technology centers on time-sensitive radiopharmaceutical logistics: tracer production, quality-controlled distribution, and delivery scheduling aligned to PET imaging appointments. PETNET's principal customer segment is enterprise healthcare providers and radiology networks; the company sells through direct, long-cycle enterprise field sales relationships, exemplified by its decade-long partnership with RAYUS Radiology, which used the PETNET network to drive a nearly 30% increase in PET scan volume over four years. The relationship-based, recurring-service revenue model functions as a subscription-type supply arrangement for ongoing tracer delivery and operational support.

As a subsidiary of Siemens Healthineers, PETNET benefits from the parent's brand recognition (trusted by approximately 90% of leading hospitals), annual R&D investment of €1.5 billion, IP portfolio of roughly 23,000 technical rights, and presence in more than 70 countries. The company is headquartered in Atlanta, operates as a private entity (without a separate listing), and has no publicly disclosed standalone revenue or funding events. PETNET does not appear to publish standalone financials, patents, or AI-specific capabilities; its strategic value is tied tightly to the molecular imaging segment of Siemens Healthineers.

Name

Petnet Solutions

Legal name

PETNET Solutions Inc

Website

https://healthcare.siemens.com

Company type

Private

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PETNET Solutions Inc, a wholly-owned subsidiary of Siemens Healthineers, operates a US radiopharmacy network across 35 states, manufacturing and distributing PET imaging tracers and radiopharmaceuticals to healthcare providers, hospitals, and radiology networks.

Ownership category

akta.pro rank

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Radiopharmacy Network Services: Petnet Solutions provides radiopharmacy network services to healthcare providers, supplying PET imaging tracers and radiopharmaceutical products. The company operates as part of Siemens Healthineers and supports PET imaging operations across 35 states.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

PETNET Solutions, Inc. operates a radiopharmacy network that manufactures and distributes radiopharmaceuticals and PET (Positron Emission Tomography) imaging tracers to healthcare providers across 35 states in the United States. The company supplies short-lived radiopharmaceutical products and provides expert support services that enable hospitals, radiology networks, and mobile imaging operators to run and scale PET imaging operations. As a wholly-owned subsidiary of Siemens Healthineers, it leverages the parent company's PET-CT scanner technology and global infrastructure.

Product overview

PETNET Solutions Inc is a Siemens Healthineers Company that operates as a radiopharmacy network provider. The company provides radiopharmaceutical products and expert support services for PET (Positron Emission Tomography) imaging operations. The core offering consists of a radiopharmacy network service that enables healthcare providers like RAYUS Radiology to operate and expand their PET imaging capabilities across multiple states.

Differentiator

Problem solved

Functional benefit

Products and services

• Radiopharmacy Network Services

Quantifiable outcome

• Nearly 30% increase in PET scan volume over four years for RAYUS Radiology partnership

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• RAYUS RadiologycoreStrategic or Co-development PartnerRAYUS Radiology has maintained a decade-long partnership with Petnet Solutions Inc, leveraging their radiopharmacy network and expert support to grow PET imaging operations across 35 states. The partnership has driven a nearly 30% increase in PET scan volume over the last four years. RAYUS has invested in Siemens Healthineers Biograph Trinion PET-CT scanners for its mobile units, including purchasing a unit for its southeast region and planning to acquire 8 additional units in 2025.

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

Market position

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/petnet-solutions-winston-salem

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petnet Solutions