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Toshiba sets up in-house company to bolster healthcare

Posted: 28 Mar 2014 ?? ?Print Version ?Bookmark and Share


Toshiba Corporation is shoring up its healthcare businesses in an in-house company it named the Healthcare Company, which is set to be established in July.

The in-house company will operate on around 9,000 people scale. It will integrate a wide array of know-how and technologies and deploy them to promote business in following key areas: Diagnosis & Treatment, Prevention, and Convalescence & Nursing Care.

Upon establishment, the Healthcare Company will absorb Toshiba's current Healthcare Business Development Division, the carbon iron radiotherapy system currently handled by the Power Systems Company, the Materials & Devices Division's DNA analysis system, and other healthcare businesses from across Toshiba Group.

Toshiba Medical Systems Corporation (TMSC), which develops and markets diagnostic imaging systems, including computed tomography and magnetic resonance imaging systems, and medical IT systems, will be positioned as a subsidiary of the Healthcare Company.

With global experience spanning more than 135 countries, TMSC will contribute a strong customer base and business assets that will support the new company in integrating and aligning its business operations.

In July 2013, Toshiba defined Healthcare as third major pillar of business, alongside Energy and Storage, and in February 2014 the company announced its strategies for the healthcare business and a sales target of approximately $6 billion for 2015. The Healthcare Company is expected to facilitate achievement of this target.

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