Press Releases

Fiscal 2004

June 24, 2004
Asahi Medical Co., Ltd.
Asahi Kasei Pharma Corporation


New Asahi Medical Configuration to Serve the American Market

Asahi Medical Co., Ltd. has established a new configuration for the expansion and growth of hemodialyzer marketing, sales, and support in the United States, with the founding of its new subsidiary Asahi Kasei Medical America, Inc.

Asahi Medical is Japan's leading hemodialyzer manufacturer, and exports its products to more than sixty countries worldwide. Distribution of its hemodialyzers in the U.S. dates to 1983, the time of their first FDA approval. Its U.S. representative office was established at Northbrook, Illinois in 1996 as part of the continuing market development. Asahi Medical has now been granted FDA approval for its own marketing and sales of hemodialyzers in the U.S., opening the way for the establishment of Asahi Kasei Medical America in June and the scheduled commencement of its marketing, sales, and support operations on July 1, to provide fast, effective response and service through direct contact with medical facilities throughout America.


In April 2004, Asahi Medical named Henry Schein, Inc. as a prime distributor for its dialysis products in the United States. Asahi Kasei Medical America will serve the American market in coordination with Henry Schein, which is the largest distributor of healthcare products and services to office-based medical practitioners, and an established leader in related logistical infrastructure and systems.

The establishment of Asahi Kasei Medical America and the expanding network of marketing, sales, and distribution in the United States is part of the continuing global growth of Asahi Medical, as one of the world's leaders in the development, manufacture, and supply of hemodialyzers.

Asahi Kasei Medical America, Inc.
Head Office
  Northbrook, Illinois, U.S.A
Paid-in capital
  US$200,000
Shareholder
  Asahi Medical Co., Ltd.
Products
  Hemodialyzers, with future expansion into other medical products
   
Asahi Medical Co., Ltd.
President
  Kenji Nakamae
Establishment
  July 24, 1974
Paid-in capital
  800 million yen
Shareholder
  Asahi Kasei Pharma Corporation; a core operating company of Asahi Kasei Corporation, Tokyo, Japan
Head Office
  9-1, Kanda Mitoshirocho, Chiyoda-ku, Tokyo 101-8482, Japan
Plants
  Nobeoka Plant, production of hemodialyzer hollow fibers Oita Plant, production of hemodialyzers and other products
Employees
  Approx. 1,500 (at 31 March 2004)
Net sales
  38.9 billion yen (fiscal year ended 31 March 2004)
   
Henry Schein Inc
  - Founded in 1932; headquartered in New York, U.S.A.
  - Leadership in the development of mail-order, telemarketing, and Net-based operations, logistics, and systems, since their initiation in the 1980s.
  - A leading distributor of healthcaredisposable medical products and servicesto the dialysis community in the U.S.
  - Annual net sales currently totaling some 370 billion yen, with approximately 8,000 employees.

Hemodialyzer
The hemodialyzer, also known as the “artificial kidney”, is the key medical device in hemodialytic therapy for patients with inadequate kidney function. As the patient’s blood is circulated through the hemodialyzer, its selectively permeable membranes enable the removal of metabolic wastes from the blood which are ordinarily removed by the kidneys and pass out of the body via urine. As the hemodialyzer membrane is impermeable to the essential blood components, they are thus returned to the patient in the blood circulation. In Japan, more than 230,000 patients currently undergo regular hemodialytic therapy, generally consisting of three hemodialysis sessions per week with approximately four to five hours per session.


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