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04.02.19 | Corporate news | Kaneka invests in US-based medical device company

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Kaneka Corporation (Headquarters: Minato-ku, Tokyo; President: Mamoru Kadokura) has entered into an investment and strategic agreement with an undisclosed US-based medical device company (“Company”). According to this agreement, Kaneka has made an investment in 18.5% shares of the Company and plans to start sales as the exclusive distributor of the Company’s proprietary FFR products in Japan commencing in 2020. With the addition of the Company’s FFR products, Kaneka expects sales of diagnostic devices to exceed US$ 100 Million by 2022, accelerating the development of this Kaneka business segment in the US, Europe and Asia etc.

Download here the full press release
http://www.kaneka.co.jp/en/service/news/nr20190205/