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Teijin Of Japan Makes Third U.S. Buy Of Home Medical Device Maker

This article was originally published in PharmAsia News

Executive Summary

Japan's Teijin said it has bought Home Therapy Equipment, its third acquisition of a U.S. maker of medical devices for the home. Teijin made the buy through its Associated Healthcare Systems subsidiary, which the Japanese firm acquired earlier this year. The purchases are part of Teijin's effort to move beyond Japan where its Teijin Pharma controls about 60 percent of the market for home respiratory equipment, to the much larger U.S. market. (Click here for more - a subscription may be required



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