Press Releases

Fiscal 2000

June 14, 2000
Nikkiso Co., Ltd.
Asahi Medical Co., Ltd.

Alliance in Hemodialysis Products


Nikkiso Co., Ltd. (“Nikkiso”) and Asahi Medical Co., Ltd. (“Asahi Medical”) have concluded an agreement for the formation of a mutual alliance of equals which will draw on their respective strengths and contribute to further advances in products, technologies, and services for hemodialysis treatment.

Nikkiso and Asahi Medical, as Japan’s leading suppliers of hemodialysis machines and hemodialyzers, respectively, have both played a major role in the establishment and continuing advancement of hemodialysis treatment. Their mutual alliance will bring further advances in therapeutic technologies and services that meet the constantly heightening patient and hospital requirements.

 

Background and Objectives of the Mutual Alliance
With the lengthening life span and the increasing accessibility of medical diagnosis and treatment around the world, the market need for hemodialysis products and services is rapidly expanding, even as the competition among the suppliers to this market is markedly intensifying. At the same time, the advances of recent years in hemodialysis treatment have in turn led to a new emphasis on further improving the quality of life for hemodialysis patients, and to the requirement for the development and provision of new equipment, dialyzers, and systems for this purpose.

The mutual alliance will draw on the respective strengths of Nikkiso, as Japan’s leading hemodialysis equipment supplier, and Asahi Medical, as its leading hemodialyzer supplier, to meet these market trends and heightening therapeutic requirements and enhance the provision of an effective response on a global scale, and to increase the competitive strength and position of both companies.

 

Under this alliance the companies will commence mutual OEM product supply, by the end of this year.
  • Nikkiso will supply hemodialysis equipment to Asahi Medical. Asahi Medical will gradually phase out its own equipment manufacturing operations.
  • Asahi Medical will supply hemodialyzers to Nikkiso. Nikkiso will continue to manufacture its own PEPA-membrane hemodialyzers but gradually phase out its other hemodialyzer manufacturing operations.

The alliance will solidify and heighten the position of both Nikkiso and Asahi Medical among the world’s top-ranking hemodialysis equipment and hemodialyzer suppliers.

In the course of the establishment and growth of this alliance, Nikkiso and Asahi Medical will consider its further strengthening and extension in the full range of hemodialysis-related products and provision of services to hospitals, including the relevant sales and marketing activities, of a scope in conformity with the guidance of the related governmental authorities.

Corporate profiles
Nikkiso Co., Ltd.
Stock listings: First Section, Tokyo and Osaka Stock Exchanges
Head Office: 3-43-2, Ebisu, Shibuya-ku, Tokyo
Paid-in capital: ¥6,094.98 million
President: Takashi Oto
Sales: ¥43,800 million (year ended March 2000)
Main products: Hemodialysis equipment, hemodialyzers, hemodialysis concentrates, other medical devices and systems.
Special pumps, other flow devices, equipment and systems for chemical-industry processes.
Water conditioning equipment and systems for thermal and nuclear power plants.
Carbon fiber composite parts and components for aircraft.

 

Asahi Medical Co., Ltd.
Wholly-owned subsidiary of Asahi Chemical Ind. Co., Ltd.
Head Office: 9-1, Kanda Mitoshirocho, Chiyoda-ku, Tokyo
Paid-in capital: ¥800 million
President: Akihiro Isobe
Sales: ¥22,400 million (year ended March 2000)
Main products: Hemodialyzers, hemodialysis equipment.
Blood-transfusion leukocyte reduction filters.
Therapeutic plasmapheresis filtration and adsorption columns, hemoperfusion adsorption columns, other plasma- and blood-purification products.


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