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Article: East meets West as firm turns to Asian roots
- Article from:
- NJBIZ
- Article date:
- October 19, 2009
- Author:
CopyrightCopyright Journal Publications Inc. Oct 19, 2009. Provided by ProQuest LLC. (Hide copyright information)
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Medical device maker looking to its Japanese parentage to make New Jersey the land of rising profits
UNLESS YOU ARE a surgeon, a hospital purchasing manager or a medical products distributor, the name Terumo Medical Corp. is unlikely to ring a bell.
But Juichi "Jim" Takeuchi, 49, president of the U.S. subsidiary of the $3.3 billion Japanese medical device maker, wants to transform his company into a top-rung player. In getting there, he said he's banking on strong support from his parent company's R&D pipeline of new products and a sharper marketing focus.
Takeuchi wants Terumo to be at the top of the U.S. market for some of its main products, which include catheters, wires, sheaths, ...