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August 28, 2015 2:45 AM ET

Healthcare Equipment and Supplies

Company Overview of Panasonic Healthcare Co., Ltd.

Company Overview

Panasonic Healthcare Co., Ltd. engages in the provision of healthcare products. It offers biodiagnostic devices, including blood glucose monitoring systems, lactate monitoring systems, lancet systems, and electrically-operated growth hormone injectors for individual families and medical organizations; medical imaging products comprising ultrasound diagnostic systems, ultrasound transducers, pain relief lasers, and diode laser systems; and medical instruments and hospital systems, such as medication picking robot systems, in-hospital navigation systems for outpatients, and LCD monitors. The company also provides dental clinic/laboratory products that include primary processing for dental pros...

Nishi-shinbashi MF Building

2-38-5 Nishishinbashi

Minato-ku

Tokyo,  105-8433

Japan

Founded in 1948

15,483 Employees

Phone:

81 3 5408 7290

Fax:

81 8 9966 1637

Key Executives for Panasonic Healthcare Co., Ltd.

Panasonic Healthcare Co., Ltd. does not have any Key Executives recorded.

Panasonic Healthcare Co., Ltd. Key Developments

Sinocare Interested In Diabetes Devices Business from Bayer

Sinocare Inc. (SZSE:300298) intends to submit bid to acquire diabetes device business from Bayer AG (DB:BAYN), reported Bloomberg, citing people familiar with the matter. According to the reports, Sinocare made an offer of about $1 billion with Gold Stone Investment Co., Ltd., the direct-investment unit of CITIC Securities Company Ltd. Sinocare has reached out to Chinese banks to seek financing for a potential deal. Sinocare is competing with Panasonic Healthcare Co., Ltd., backed by KKR & Co. L.P. (NYSE:KKR), which has been holding talks to buy the Bayer unit from February 2015, the sources said.

Panasonic Healthcare Co. to Close 3 Operating Bases in Japan

Panasonic Healthcare Co. announced that it will halve its operating bases in Japan to three as part of efforts to boost profitability and concentrate resources on promising business areas. The company will close its plants in Ehime and Mie prefectures, both in western Japan, as well as a research and development base in Yokohama near Tokyo. Employees at the bases will be transferred to the three remaining operating bases.

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