Olympus Of Japan Sees China As Ripe For Medical-Gear Equipment
This article was originally published in PharmAsia News
Japan's Olympus Corp., known for cameras, has plans to expand its medical-equipment business in China and other emerging nations. Olympus has designs to build the Chinese market into its fourth major market, following on its presence in Europe, Japan and the United States. Haruhito Morishima, president of the Olympus Medical Systems subsidiary, which specializes in endoscopes, says the company is attracted by China's huge growth potential. The medical business leads the rest of the parent company in generating profit and already commands 70 percent of the world's endoscope market. (Click here for more - a subscription may be required
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