Top Device Companies

Terumo, Fujifilm, Olympus Device Makers Eye On Central, South America

Terumo, Fujifilm and Olympus, all Japanese device makers, are expanding their presence in South and Central America. The firms seek to compete with the U.S. and European companies that now dominate the growing market for high-quality medical devices. Terumo has set up a unit in Bogota, Colombia, and expects to begin operations there by the end of July. Fujifilm, a Fujifilm Holdings unit, has sales agreements in several Central American countries while Olympus is developing endoscopes for markets in Central America and in Brazil. (Click here for more – a subscription may be required)

“Medical Equipment Firms Step Up Latin American Sales” – Nikkei (7/8/10)

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Terumo Seeks To Be Major Presence In U.S. Diagnostics Market

Terumo Medical’s U.S. subsidiary aims to gain a major presence in America with its catheters, wires, sheaths and other products and make itself a top player in the market. Juichi Takeuchi, president of the Terumo’s U.S. unit, said the company already has grown significantly over the past three years, with revenues rising 17.5 percent a year to $300 million as of the end of March. Takeuchi said he is focused on the $600 million opportunity in the United States for diagnostic and interventional products where Terumo already has a 38 percent share. (Click here for more)

“East Meets West As Firm Turns To Asian Roots” – New Jersey Business (10/19/09)

Medical Device Manufacturers’ Employee Training Programs Are Under FDA Scrutiny -- Click Here To Find Out Why...

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Terumo Opens Phase II U.S. Trials For Abdominal Aneurysm Stent System

Terumo has begun Phase II trials in the United States for its Anaconda AAA Stent Graft System, which Terumo already markets in other countries, including Europe. The system is intended to treat an abdominal aneurysm within about 12 months after being implanted. Terumo says its device has been implanted in nearly 4,000 people in other countries, but the first implant was not performed in the United States until June 8. (Click here for more)

“Terumo Starts Trials Of Abdominal Aneurysm Graft System” – WWJ Radio (7/26/09)

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Terumo U.S. Operations Expand As Competitors Contract

A pair of Japan’s Terumo Corp. companies is bucking the trend of device makers cutting back on their operations. Terumo Cardiovascular System and Terumo Heart have added 141 employees to their Detroit-area operations in the past year as they expand. Part of the Michigan growth resulted from moving some manufacturing and research-and-development work from California to the Ann Arbor area. (Click here for more)

Medical Firms Keep Developing Devices” – Detroit Free Press (3/29/09)

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Terumo Of Japan Turns To Detroit-Area Autoworkers To Fill Jobs

Terumo, a Japan-based device maker, is taking advantage of a downturn in U.S. automaking to lure certain automotive workers to new jobs at its U.S. subsidiary, Terumo Cardiovascular. As the U.S. auto industry ails, Terumo CVS and another subsidiary, Terumo Heart, also located in the job-depressed Detroit area, are steadily hiring automaker and other workers to fill staffing needs. The Terumo firms are drawing in part on special skills developed for the auto industry. Terumo CVS CEO Mark Sutter said auto industry workers tend to have experience making complex devices, possess a lot of extra training and often need only additional training in the medical and regulatory aspects of the device business. (Click here for more)

“Area Expertise Works To Terumo’s Advantage”
– Ann Arbor News (3/22/09)

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