Terumo
$ 4.27 billion (FY 2012)
(¥ 402.294 billion) (FY 2012) | |
$ 500.01 million (FY 2012) (¥ 47.01 billion) (FY 2012) | |
Number of employees | 19,261 (consolidated) (as of September 30, 2013) |
Subsidiaries | Terumo Cardiovascular Systems, Corp. Vascutek Ltd. Microvention Inc. |
Website | Official website |
Footnotes / references [1][2] |
Terumo Corporation (テルモ株式会社, Terumo Kabushiki-gaisha) was founded in 1921 as Red Line Thermometer Corporation by a group of medical scientists led by Dr. Kitasato Shibasaburō to produce medical thermometers in Japan.
The company's first product was "Jintan Taionkei", the first Japanese-made thermometer available for sale, and it has since expanded into a medical devices manufacturer, producing medical disposables, cardiovascular systems and diabetes care products.[3][4]
In 1971, Terumo opened its first overseas office in the United States. Since then, the company has established subsidiaries in
Business segments and products
As of 2014[update] Terumo Corporation was organized into three business segments:[3]
- Cardiac & Vascular Business
- Intravascular ultrasound systems
- Catheters for the treatment of coronary artery disease
- Drug-eluting stents
- Angiographic catheters
- Abdominal and peripheral endovascular coils
- Heart-lung machines
- Oxygenators with integrated arterial filter
- Artificial vascular grafts
- Blood Management Business
- Automated blood collection system
- Automated blood component processing devices
- Blood bag systems with leukocyte reduction filter
- Pathogen reduction technology systems
- Therapeutic apheresis systems
- Cell expansion systems
- General Hospital Business
- IV catheters
- Infusion sets
- Syringe pumps
- Blood glucose monitoring systems
- Lancing devices for blood collection
- CAPD systems
- Digital thermometers
- Blood pressure monitors
A medical device facility called Terumo BCT is located in
Acquisitions
In July 1999 Terumo acquired the cardiovascular division of
In 1999, Terumo entered into a joint venture with the Kerala company Penpol.[8]
In 2001 the company made two more acquisitions: it acquired the home oxygen division of Sumitomo Bakelite Co., Ltd., and establish Terumo Medical Care K.K., and Ikiken Co., Ltd. of Japan.[9]
In 2002 the company acquired UK-based Vascutek.[10][11]
Four years later, in 2006 the company ventured into a new field (endovascular coils for the treatment of cerebral aneurysms) by buying American company MicroVention Inc.[12]
The tissue heart valve division of Kohler Chemine GmbH was acquired in March 2007 and expanded Terumo's operations related to vascular prostheses.[13]
A year later the Japanese company Clinical Supply Co., Ltd. became a Terumo subsidiary and enhanced Terumo's interventional systems business in the field of radiotherapy.[14]
In March 2011, the company bought U.S. medical device company CaridianBCT for around $2.6 billion. It was the largest acquisition by a Japanese medical equipment maker at the time.[15]
The same year Harvest Technologies Corporation—point-of-care cell therapy—and Onset Medical Corp.—sheath technology designed for multiple, minimally-invasive clinical applications—was acquired.[16]
In 2018, after the acquisition of Bolton Medical, a merger with Vascutek Ltd. gave place to the new company Terumo Aortic, focusing on “expanding aortic treatment options.” [17]
References
- ^ "Terumo Corporate Profile". Archived from the original on March 1, 2017. Retrieved March 17, 2014.
- ^ "Terumo Financial Statement". Archived from the original on May 14, 2017. Retrieved March 17, 2014.
- ^ a b "Terumo Products". Archived from the original on December 17, 2013. Retrieved March 17, 2014.
- ISBN 978-1-119-81042-1. Retrieved 2023-09-11.
- ^ Kurian, Vinson (31 October 2010). "Blood bags co Terumo Penpol turns 25". The Hindu. Archived from the original on 9 October 2012. Retrieved July 24, 2011.
- ^ a b Hernandez, Lance (18 August 2018). "Colorado to sample air near Lakewood plant after EPA identifies potential elevated cancer risk. Assessment shows normal cancer rates". 7 News. Archived from the original on 24 September 2019. Retrieved 24 September 2019.
- ^ "Terumo - About Us". Archived from the original on 29 July 2016. Retrieved 1 August 2016.
- ^ "About Terumo Penpol". terumopenpol.com. terumopenpol. Retrieved 8 June 2023.
- ISBN 978-9811671746.
- ^ "Sunrise medical manufacturer merges with Scottish company". Sun Sentinel. 24 April 2018.
- ^ "Vascutek and Bolton Medical Merge as Terumo Aortic". Endovascular Today.
- ^ "MicroVention Celebrates 25 Years in Neuroendovascular Technologies that Improve Patient Lives". Yahoo Finance. 29 September 2022.
- ^ "Research and Markets: Terumo Medical Device Company Intelligence Report 2011". www.businesswire.com. 25 February 2011.
- ISBN 978-981-336-280-2.
- ^ Mariko Katsumura (March 7, 2011). "Terumo to buy U.S. medical device firm for $2.6 billion". Reuters. Archived from the original on September 24, 2015. Retrieved March 17, 2014.
- ^ "Terumo History". Archived from the original on March 1, 2017. Retrieved March 17, 2014.
- ^ "Vascutek and Bolton Medical Merge as 'Terumo Aortic'". Retrieved May 28, 2022.