Nipro : Notice of Establishment of Medical Device Sales Subsidiary in the Socialist Republic of Vietnam
November 07, 2021
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Nov. 8, 2021
NIPRO CORPORATION
Notice of Establishment of Medical Device Sales Subsidiary in the
Socialist Republic of Vietnam
We are pleased to announce that our consolidated subsidiary, Nipro Asia Pte Ltd. (Head Office: Singapore; President: Seigo Tsuchiya), has established a medical device sales subsidiary, Nipro Sales Vietnam Limited, in the Socialist Republic of Vietnam. The new subsidiary will start operations in January 2022.
In Vietnam, an ASEAN member state undergoing rapid economic growth, sales of Nipro medical devices have been carried out through local agents. By establishing a sales company in Ho Chi Min City, the largest city in Vietnam, where further market growth is expected, we will build a direct sales system for dialysis products, strengthen sales promotion support for the local agents handling hospital products, promote local consumption of locally produced products, and provide more community-based, meticulous services, thereby enhancing the presence of the "Nipro brand" in the region.
With the addition of the newly established Nipro Sales Vietnam Limited, the Nipro Group now has 219 overseas bases in 58 countries. Going forward, we will continue to promote the expansion of overseas bases and endeavor to increase our sales and production capabilities.
Overview of the new company
(1)Name:
Nipro Sales Vietnam Limited
(2)
Representative:
Nhu Y Pham Nguyen (President)
(3)
Location:
Ho Chi Minh City, the Socialist Republic of Vietnam
Establishment date: July 30, 2021
Business start date: By the end of January, 2022 (planned)
(6) Capital:
3,000,000 USD
Business outline: Sales of medical devices, establishment and operation
of company-owned dialysis centers
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Nipro Corporation published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2021 06:43:02 UTC.
NIPRO CORPORATION is a manufacturer of medical devices, pharmaceuticals and instrument products. The Company has three segments. The Medical-Related segment involves in the sale of injections and infusions, artificial organs, high function and dialysis related medical equipment, and diabetes, generics and kits related medicine products in Japan, as well as the sales of medical devices for injection and infusion, artificial organs and diabetes in overseas markets. The Pharmaceutical-Related segment involves in the manufacture and sale of pharmaceuticals. The Pharma Packaging segment sells glass for vials and ampoules as medical glass in Japan, thermos glass for lighting and glass for lighting equipment.