Terumo Corp.: +13%Terumo Corp.: +13%
Brian Buntz
September 2, 2015
1 Min Read
Terumo Corp.: +13%
Like many medtech companies that are faring well in 2015, Terumo has a strong cardiovascular business, having acquired some of their assets in this area from 3M in 1999 and UK-based Vascutek Ltd in 2002. Since then, the company's share price has grown steadily for the most part, and the company has acquires a handful of other cardiovascular firms, including MicroVention Inc., the heart valve division of Kohler Chemine GmbH, and Onset Medical Corp. (Shown here is the company's 6 Fr GlideSheath catheter.)
Terumo also has a strong syringe business.
In 2014, the company made what was the biggest medtech acquisition by a Japanese firm, shelling out $2.6 billion for the U.S. firm CaridianBCT.
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