Nissha : Announcement of Asset Acquisition for Cardinal Health, Inc.'s Medical Chart Paper Business
November 09, 2023
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We are pleased to announce that Nissha Medical Technologies (headquartered in New York, the United States, hereinafter "NMT"), a consolidated subsidiary of Nissha Co., Ltd. (headquartered in Kyoto, Japan, hereinafter "Nissha"), has completed the asset acquisition of the medical chart paper business from Cardinal Health, Inc. (headquartered in Ohio, the United States, hereinafter "Cardinal Health")
At Nissha Medical Technologies, we have long been committed to delivering high-quality and value-added products in the field of medical devices on a global scale. We offer medical device contract development and manufacturing services (CDMO) primarily to major medical device manufacturers in Europe and the United States, as well as manufacturing and selling our own branded products such as ECG electrodes, defibrillation electrodes, and medical chart paper for healthcare institutions.
The acquired medical chart paper business of Cardinal Health focuses on the manufacturing and sales of patient monitoring chart paper for cardiology and fetal monitoring in addition to the sale and distribution of digital imaging media. Cardinal Health provides patient monitoring charts and media compatible with the main recording devices used in many healthcare institutions, particularly in the United States.
Through this acquisition, we will expand our product lineup of branded medical chart paper and gain access to new sales channels. Furthermore, through the integration of operations, including the transfer of Cardinal Health's manufacturing lines to NMT, we aim to improve operational efficiency, leading to enhanced profitability.
Nissha Printing Co. Ltd. published this content on 10 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2023 20:39:15 UTC.
Nissha Co.,Ltd., is a Japan-based company mainly engaged in the planning, development, production and sale of industrial materials, devices, medical technology, information and communication and others. It operates through four business segments. Industrial Materials segment produces and sells decorative films, molds, molded product and metallized paper. Device segment is engaged in manufacture and sale of film touch sensors, gas sensors and input devices. Medical Technology segment is engaged in the production and sale of medical electrodes and surgical instruments for medical institutions, and the contract manufacturing for medical device manufacturers. Information Communication segment is involved in the planning, production and sale of products and services such as publication printing, commercial printing, art solutions, and sales promotions. It is also engaged in the business of green space management, industrial waste separation collection and transportation, and security.
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